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HUMAN RESOURCE MANAGEMENT STRATEGY IN FAMILY BUSINESS

Syllabus

EN IT

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 4 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:

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.