.

Monday, January 14, 2019

Edhec Family Business

Family demarcation How to lend oneself your MBA stoping in your family business? There are a fewer EDHEC Global MBA pop outicipants who decided to study in this program to search for get out understanding of business disciplines in order to improve their quality as managers with the main goal of returning to their countries and continue their family business. Family business can be very large, a big example is Walmart that even after 43 years and being the third largest company in the world, the Walton family still owns 48% of the stake. However, most examples of family business still relate to medium or little sizes.The good thing about a family business is that it has a gruelling sense of commitment and honor from the members. Family businesses are more than likely to farthest because there will always be an effort on the part of the family members not to let it die or fade related to their intragroup values. Brazilian candidate, Andressa Lass Santos provides us with her testimony on her family business case The EDHEC MBA program has been helping me gain a broader perspective in notification to several business facets such as leadership, accounting, management, studying the local rescue and the industry and how to combine them all in a strategic manner.Every severalise has been helping me come up with ideas and is making me notice flaws that I had neer perceived before, as well as areas where there are path for improvements in my family business. My father started a construction company and asphalt ready 25 years ago in Curitiba, Brazil. He is an engineer and agrees with me that if I gain more management skills it would be very useful for the company, since he has little time to invest in that, and in fact he is beginning to think to step out of the picture and work more as a counselor.As each single class goes by, I learn something new and try to think how to implement in our family business. My ideas arise from the hiring process, motivatio ns of the employees until idea globally of macroeconomics and strategically trying to apply how we could possibly expand our business or even find new ideas related to it, such as maybe starting another business or company that could buy at the construction company. For that reason I will choose the Entrepreneurship track in the MBA program, I believe it is the track that I will most upbeat from when thinking about my family business and how we want to expand it.

No comments:

Post a Comment