Business Administration (English)
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

BBA422

Course Name:

Family Business Management

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Department Elective

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Dr.Öğr.Üyesi CANAN KOÇER DURMAZ

Course Lecturer(s):

Course Assistants:

Course Objective and Content

Course Objectives:

The purpose of this course is to give information and suggestions about how to establish a family business. As being a part of business performers; the idea of family business models within the history of commerce is really a big potential. Learning the risks and advantages of family business management; will support the opportunities of business students.

Course Content:

Definition of family business; investing in family business; the succession conspiracy; management succession in the family business; strategies for family firms; the special role of strategic planning for family businesses; equity compensation for key employees; shareholder relationships in family businesses; planning around the problems of transactions involving family members; professionalizing the family firm; the transition to professional management; culture and continuity in family firms; boards of directors in the family firm; management practices that support entrepreneurship and continued growth; adaptation; survival; and growth of the family business.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Reveal new statistics and research findings with significant implications for family business management.
2 - Skills
Cognitive - Practical
1) • Expand treatment of the truly idiosyncratic approach to strategic planning by family firms, including recognition of the concurrent influence of individual, family, and industry cycles and the need for parallel family and business planning
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility
1) • Have comprehensive global treatment of the world of family business.

Lesson Plan

Week	Subject	Related Preparation
1)	• The nature, importance and uniqueness of Family Business • Differences of family business from others
2)	• Great families in Business • Building Trust and Commitment
3)	• Features of Family Enterprise	Small Family Examples around World
4)	• Leadership in Family Business • Leadership Imperatives
5)	• Succession and Continuity in Family Business • Succession in Family Business means Continuing Entrepreneurship in family • Connections between the generations
6)	• Transfer of Power • Successful Transfers in Family Business according Power	Thinking examples of successful generation businesses in your country
7)	• Small Family Businesses • Examples of small Family Businesses
8)	• Management of Family Business • Best Practices for the Management
9)	• Strategy and Governance in Family Business • Creating a strategy • Governance in family business
10)	• Financial Consideration in Family Business • Planning the Finance • Valuation of the family business	Reading conceptual framework
11)	• Family Communication in Business • Family meetings, family councils and family offices
12)	• The Future of Family Business • Change, adaptation and Innovation	Idea thinking and finding examples
13)	• The Spirit of Enterprise • Continuing the Spirit • Lessons from centennial family companies
14)	• Examples of how future family businesses must be • Creating new examples, risks and solutions for future family businesses	Idea thinking and finding examples
15)	Final exam

Sources

Course Notes / Textbooks:	Aile Şirketlerinin Yönetimi, Yazar: Prof. Dr. Arman Kırım; Yayınevi : Sistem Yayıncılık 2010 Aile Şirketleri ve Profesyonel Yöneticiler; Yazar: İnci Özkul, Yayınevi : Bulut Yayınları 2016.
References:	Küçük ve Orta Ölçekli Aile İşletmelerinde Kurumsal Yönetim, Yazar: Gürkan Haşit, Yayınevi : Ekin Basım Yayın 2010 Aile Şirketleri Yazar: İlhami Fındıkçı, Yayınevi : Alfa Yayıncılık 2014.

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3
Program Outcomes
1) Explain the essential body of knowledge in the area of business administration, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models
2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions
3) Recognize the importance of technological development, especially in information technologies, and utilize them in business administration
4) Evaluate the body of knowledge in the dynamic business world and business functional areas to asses needs, manage and lead change by using critical and innovative thinking
5) Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures
6) Fulfill their responsibility in teamwork and projects in businesses, and act as a leader
7) Communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of business administration
8) Recognize individual and multi-cultural diversity, and can emphatically interact with individuals from diverse cultural backgrounds in social and professional settings
9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society
10) Recognize interrelationship among business and other disciplines, and relate knowledge from diverse areas to formulate novel solutions in the area of business administration

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Explain the essential body of knowledge in the area of business administration, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models	4
2)	Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions
3)	Recognize the importance of technological development, especially in information technologies, and utilize them in business administration
4)	Evaluate the body of knowledge in the dynamic business world and business functional areas to asses needs, manage and lead change by using critical and innovative thinking	4
5)	Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures	4
6)	Fulfill their responsibility in teamwork and projects in businesses, and act as a leader	5
7)	Communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of business administration
8)	Recognize individual and multi-cultural diversity, and can emphatically interact with individuals from diverse cultural backgrounds in social and professional settings	5
9)	Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society	4
10)	Recognize interrelationship among business and other disciplines, and relate knowledge from diverse areas to formulate novel solutions in the area of business administration	4

Learning Activity and Teaching Methods

Expression
Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Project preparation
Report Writing
Q&A / Discussion
Technical Tour
Case Study
Internship/Onsite Practice

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Oral Examination
Homework
Observation
Individual Project
Group project
Presentation
Reporting
Bilgisayar Destekli Sunum
Case study presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	1	% 30
Homework Assignments	1	% 30
Final	1	% 40
total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	14	42
Study Hours Out of Class	13	70
Homework Assignments	14	28
Final	2	28
Total Workload		168