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SIX one-day modules

Module 1: Understanding the family business

The module aims to provide the participant with an introductory overview of family business: To identify the main differences between family and non-family businesses and to present the different family business structures. We will focus on the essentials of family business such as the importance of family businesses in the economy, the specifics of family business in Europe and Slovenia, a comparison of typical entrepreneurial ventures and family businesses as seen through the eyes of different stakeholders, and on the complex roles and relationships specific to a family business.

Blaž Zupan
Faculty of Economics, Ljubljana

Rok Stritar
Faculty of Economics, Ljubljana

The second part of the first module will explore the issues of generational change in family businesses – practical objectives and technical aspects along with the emotional component of the transition. The module also aims to give an introductory overview of “Next-generation planning” and to provide advice on succession planning and future management governance as well as help you plan the transfer of your estate in a tax efficient manner.

Astrid Wimmer

Module 2: Family business strategy

The module aims to clarify how management knowledge is created, shared and disseminated in family business. Which family business directors engage in strategic thinking, the issues that are considered as part of strategic thinking, and the processes and tools driving strategic decision making. Family businesses are considered to be unique in the ways they evaluate, acquire, integrate and leverage their resources, largely resulting from the involvement of the family. The family’s involvement in strategic planning is a critical factor and can be both positive and negative. Another aim of the module is to present a framework that describes the drivers of corporate social performance, the actions managers can take to affect the performance and the consequences of those actions for both corporate and financial performance.

To be confirmed

Module 3: Effective tax management and Managing capital

The ever changing tax landscape has a significant impact on strategic planning for family businesses. Whether the focus is on investments, financing and liquidity, or plans for growth or expansion, tax law carries great weight in the decision-making process. The module aims to provide the key taxation concepts relevant to family businesses. We will focus on personal tax, corporate tax, tax controversy, transfer pricing and on the tax implications of business decisions.

Family businesses face a more complex set of challenges in terms of the effective management of capital. We will also focus on the priority family business capital management issues and needs and discuss how raising, investing, optimising and preserving capital are the four key dimensions of the capital agenda of a family business.

Marnix van Rij
Global Engagement Partner of Ernst&Young

Lecturers: Managing capital
Margaret Dezse
EY Partner

Urs Indermuhle
Associate Director at EY

Module 4: Generation transition - challenges and opportunities

Planning for a business transition or succession is a subset of the broader planning process commonly referred to as “business planning”. The aim of the module is to answer the main question in generation transition: How should families plan for the succession of their businesses? How should the next generation prepare for a leadership role? What are the challenges and opportunities involved in the succession of family businesses?

Alber Jan Thomassen
FBN International

Module 5: Family business governance and family continuity planning

Governance: family or corporate? This module aims is to explore the relationship between family governance and the financial performance of family-owned business and family assets as well as to investigate whether commitment to family wealth mediates this relationship. Understanding the framework of the family business is a very complex task. First, because one of the main characteristics of this type of enterprise is variety – no two family businesses are alike. For this reason, no single corporate governance model can apply to them all. Another aim of the module is to learn what is needed as the company develops, what the advantages of good corporate governance practice are and how to implement it.

Gorazd Podbevšek
The Slovenian Directors' Association (SDA)

Irena Prijović
The Slovenian Directors' Association (SDA)

In the second part of the module we will learn how to develop a tool to set up a long-term family business. A family constitution is the backbone of any successful and long-running family business. This tool helps establish relationships among the family members, motivates the next generation and facilitates the transition, but most of all gives transparency to the fine line between family and business. In this part of the module, we will learn how to set up a family constitution through good examples and best practices and how to use this powerful tool to motivate others in the family to develop a successful business. Harmony of the family through the family constitution: a new approach to family values.

Jakob Žigante
FBN Adria

Module 6: Non-family business CEO

The module will cover the key issues, risks and rewards of non-family CEOs: What are the challenges the family needs to deal with and what is the process of selecting a non-family business CEO of a family-controlled firm.

Robert Kaše
Faculty of Economics, Ljubljana

Zlatko Paska
Non-family business CEO

Additional information

Pogramme partners:





By Families for Families, for Successful Enterprises

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