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Syllabus

EN IT

Learning Objectives

LEARNING OUTCOMES:
The teaching addresses the issues related to people management, applying them to the specific case of family firms. Two aims characterize the course: first, it intends to emphasize the peculiarities of family firms in terms of human resource management; second, it argues the critical role of people as a source of competitive advantage for family firms. A conceptual overview of the scholarly debate about family firms introduces the course, which include an in-depth analysis of the most relevant theoretical lenses embraced to analyse such firms. The most relevant human resource management practices are investigated, shedding light on how they can be integrated to enhance the success of family firms.

KNOWLEDGE AND UNDERSTANDING:
Students will be able to define the distinctive traits of family firms, delving into their attributes from an organizational and a managerial perspective. Furthermore, students will be able to understand the dynamics of human resource management in the family firm setting, acknowledging the special challenges that a Human Resource Management should deal with to effectively contribute to organizational success. Lastly, the students will be encouraged to adopt an integrative perspective to read human resource management, understanding how they impact on efficiency and effectiveness. The students will develop a strong critical capability to analyse and acknowledge the relationships and interdependencies across the different institutional, organizational, and managerial variables that affect the functioning of family firms. This will enable them to assess and diagnose the effectiveness of human resource management practices and to achieve awareness of the actions needed to align people management with the strategic orientation of family firms. Students will be invited to reflect on the dualism between formality and informality, illuminating its implications on organizational performance.

APPLYING KNOWLEDGE AND UNDERSTANDING:
Students will be proficient in pointing out the conceptual tools and approaches that fit the peculiar attributes of family firms and to achieve an adequate understanding of the special challenges that characterize people management within their organizational boundaries. Furthermore, the students will be stimulated to embrace a configurationist and contingent approach to elicit the approach and techniques required to harmonize human resource management practices and unleash the impact of people management on the performance of family firms. This will enable them to pursue organizational excellence in the family firm setting through human resource management.

MAKING JUDGEMENTS:
By participating to the course, the students will develop a strong autonomy in assessing and gauging the implications of human resource management practices on the efficiency and effectiveness of family firms. Alongside acknowledging how human resource management practices can be harmonized and integrated, students will be able to configure human resource management bundles that are completely fit with the strategic orientation of family firms, striving to contribute to organizational sustainability and viability.

COMMUNICATION SKILLS:
The students will master the jargon of human resource management, getting specific cues on how to contextualize it to the family firm setting. Alongside achieving proficiency on how to communicate and report issues related to people management in the family firm setting, students will develop oral and written communication expertise, that will empower them to get a full control on how to transfer information about human resource management when family firms are concerned.

LEARNING SKILLS:
Embracing a strategic and systemic view of the firm, the students will be prompted to understand the organization as an ecosystem, where a coexistence should be sought between formal and informal dynamics. From this standpoint, the students will be stimulated to deal with human resource management in family firms in an integrated and cohesive way, aiming at a joint optimization between the goals of organizational efficiency and effectiveness.

Prerequisites

None; however, basic knowledge in the field of Business Organization is warmly recommended.

Program

The course is articulated in two sections, following this outline:

FIRST SECTION: INTRODUCING FAMILY FIRMS (2 hours per session)
1) Towards a conceptualization of family firms
2) The strategic, structural, and management peculiarities of family firms
3) The most relevant theories about family firm management
4) Socio-Emotional Wealth
5) FamiIiness
6) Organizational sustainability in the family firm setting

SECOND SECTION: MANAGING HUMAN RESOURCES (2 hours for each session)
7) Managing people in family firms: an overview
8) The cycle of human resource management
9) Human resource planning
10) Recruitment
11) Selection
12) Training
13) Employee development
14) Performance management: result approaches
15) Performance management: behavioral approaches
16) Compensation
17) Leadership
18) Organizational culture

Books

Zellweger, T. Managing the Family Business: Theory and Practice, Edward Elgar Publishing, 2017: ISBN: 9781783470709.

Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2019). Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education.

Bibliography

Schuman, A. M., Sage-Hayward, W., & Ransburg, D. (2016). Human resources in the family business: maximizing the power of your people. Springer.

Poza, E. J. (2013). Family business. Cengage Learning.

Teaching methods

Teaching activities will be delivered face to face. An active learning approach will be used. Alongside case studies, case experiences and role playing, students will be encouraged to build team and to participate in project work activities

Exam Rules

The exam will consist in either a written (first exam session) or an oral exam (exam sessions after the first one). More specifically, the students will be asked to answer to 6 open ended questions. They will be evaluated according to their ability to discuss the topics dealt with and to provide original conceptual and practical insights.

The following criteria will be used for assessing students' performance:

0 point: The student is unable to effectively discuss the main issues reported in the questions. Theoretical knowledge is not adequately exploited to articulate convincing propositions and arguments. No insights are provided drawing on examples which may enhance the understanding of the topics dealt with in the question.

Not sufficient (<18): The student provides fragmented notions which allows her/him to address some superficial issues touched by the questions. Theoretical knowledge is poorly exploited to articulate convincing propositions and arguments. Limited insights are provided drawing on examples which may enhance the understanding of the topics dealt with in the question.

Sufficient (18/22): The student provides some notions which allows her/him to address the key issues dealt with in the questions. Theoretical knowledge is adequately exploited to articulate convincing propositions and arguments. Some insights are provided drawing on examples which may enhance the understanding of the topics dealt with in the question.

Adequate (23/25): The student provides adequate notions which allows her/him to address most of the issues dealt with in the questions. Theoretical knowledge is effectively used to articulate convincing propositions and arguments. Good insights are argued drawing on examples which enhance the understanding of the topics dealt with in the question.

Good (26/28): The student completely addresses the issues contemplated in the question. The student is proficient in using theoretical knowledge to critically frame the answer and are able to draw insights from connecting different topics discussed in the textbook. Fitting insights are provided drawing on adequately developed practical examples.

Excellent (29/30): The student completely addresses the issues contemplated in the question. The student uses a wide array of conceptual tools to investigate the teaching topics. Practical examples are discussed in a critical way to provide multifaceted perspectives to comprehensively address the issues touched by the question.

The 'cum laude' honor will be conferred to top-level students.