Edhec Family Business

Family argument How to apply your MBA skill in your family business? There argon a few EDHEC Global MBA participants who indomitable to study in this platform to look for for better understanding of business disciplines in order to improve their quality as managers with the main goal of returning to their countries and hold open their family business. Family business can be precise large, a big example is Walmart that correct after 43 years and beingness the third largest company in the world, the Walton family lock away owns 48% of the stake. However, most cases of family business heretofore relate to medium or inadequate sizes.The good thing active a family business is that it has a strong perceive of commitment and honor from the members. Family businesses are more than likely to last because in that location onlyow always be an effort on the part of the family members not to let it drop dead or fade related to their upcountry values. Brazilian candidate, Andre ssa Lass Santos provides us with her attestation on her family business case The EDHEC MBA program has been helping me gain a broader positioning in relation to several business facets such(prenominal) as leadership, accounting, management, studying the topical anaesthetic economy and the industry and how to combine them all in a strategic manner.Every configuration has been helping me come up with ideas and is fashioning me notice flaws that I had never comprehend before, as well as areas where there are room for improvements in my family business. My suffer started a construction company and mineral pitch plant 25 years ago in Curitiba, Brazil. He is an engineer and agrees with me that if I gain more management skills it would be very useful for the company, since he has little time to invest in that, and in fact he is beginning to reckon to step out of the picture and function more as a counselor.As from each one single class goes by, I guide something new and try to think how to down in our family business. My ideas arise from the hiring process, motivations of the employees until thinking globally of macroeconomics and strategically trying to apply how we could maybe expand our business or even find new ideas related to it, such as maybe starting another(prenominal) business or company that could wear the construction company. For that reason I go away choose the Entrepreneurship track in the MBA program, I believe it is the track that I lead most benefit from when thinking about my family business and how we want to expand it.