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Family Business Management

Course Description: This course aims to help students gain a deeper understanding of the evolution, concept, and origin of family businesses through field trips, case study analysis, and discussions with family business owners. The course covers a wide range of topics related to family businesses, such as career planning, ethics, governance, succession planning, strategic planning, supportive professional relationships, and the skills needed to survive and work as a son or daughter within a family business. Students will also gain comprehensive insights into the past, present, and future of family businesses, not only in Saudi Arabia but globally as well.

Credit hours: 3

Objectives of the course :

By the end of this course, the student will be able to:
Discussion of the distinctive aspects of family businesses and their social and economic contribution in Saudi Arabia and globally.
2. Clarifying the challenges and opportunities in family businesses.
3. Discuss how family businesses are governed and managed.
4. Identifying the unique challenges, strengths, and weaknesses of family businesses.
5. Review of succession planning in family businesses and its various risks.
6. Explaining how to prepare for and implement change in family businesses.
7. Comparing different analytical tools and techniques for addressing diverse family business issues.

Course outputs :

1. Differentiating between concepts, principles, and theories in family business management.
2. Applying concepts, principles, and theories to different situations in family businesses.
3. Demonstrating written communication skills in the field of family business management.
4. Possessing oral communication skills in family business management.
5. Possession of computer application skills in family business management.
6. Possess scientific research skills in the field of family business management.
7. Possessing critical thinking and analytical skills in the field of family business management.
8. Possessing strategic thinking skills and problem-solving abilities in family business management.
9. Belief in and practice of sustainability principles in family business management.
Possessing leadership, teamwork, and decision-making skills in family business management.
11. The ability to distinguish between ethical issues in family business management.
12. Possessing social responsibility competence in the areas of family business management.
13. The ability to handle cultural diversity in family business management situations.

Additional information:

Last updated: 2026-05-10