Q: TRANSGENERATIONAL FAMILY ENTREPRENEURSHIP

i. Module Information: This training module is focusing on ‘Transgenerational Family Entrepreneurship’. It emphasises the significance of viewing the family as a key entrepreneurial actor in the family business. Senior and junior family members working together as an entrepreneurial team in identifying, evaluating, and seizing new opportunities leading to family business sustainability and expansion. The learning objectives of the module, include: To understand the role of family as an entrepreneurial actor in the business, across the generations To educate on the challenges and opportunities of family entrepreneurship throughout the business cycle ii. Pre-module (Preparation) In preparation for the training module: Read the case study ‘Oleastro Olive Park’ Watch the video of ‘Oleastro Olive Park’ iii. Module (Training) Downloadthe presentation of the training module iv. Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document Discuss the following question: “How is family entrepreneurship manifested in the case of Oleastro?”

Question 1

TRANSGENERATIONAL FAMILY ENTREPRENEURSHIP

Accepted Answer

i.  Module Information: ​This training module is focusing on ‘Transgenerational Family Entrepreneurship’. It emphasises the significance of viewing the family as a key entrepreneurial actor in the family business. Senior and junior family members working together as an entrepreneurial team in identifying, evaluating, and seizing new opportunities leading to family business sustainability and expansion. The learning objectives of the module, include: ​ To understand the role of family as an entrepreneurial actor in the business, across the generations To educate on the challenges and opportunities of family entrepreneurship throughout the business cycle ​ ii.  Pre-module (Preparation) In preparation for the training module:   Read the case study ‘Oleastro Olive Park’   Watch the video of ‘Oleastro Olive Park’ ​   iii.  Module (Training) ​ Downloadthe presentation of the training module ​   iv.  Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document Discuss the following question: “How is family entrepreneurship manifested in the case of Oleastro?”

Question 2

STRATEGIC PLANNING AND OPERATIONALISATION TOOLKIT

Accepted Answer

i.  Module Information: The main learning objective of the module is that   family members acquire practical knowledge about the Strategic Management of their small agro-tourism/artisan family business. The purpose is that they know how to design their own strategic plan to formulate and implement the most appropriate strategy for their business. We offer tools to design the strategy. ii.  Pre-module (Preparation) In preparation for the training module:   Read (optional) “The art of War”, Sun Tzu (any pocket short edition) Watch the video (optional) “What Strategy is”, M. Porter (2010): https://youtu.be/0BgMQkKMKaE (1’46’’)   Read the case study of “Vicente Carrillo”   Watch the video of “Vicente Carrillo” iii.  Module (Training) Download the presentation of the training module iv.  Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document Discuss the following question: How would you describe the type of motivation and attitude of family members towards succession? Which strategic activities will you maintain or introduce to better manage succession?

Question 3

WHAT IS YOUR BUSINESS MODEL?

Accepted Answer

i.  Module Information: ii.  Pre-module (Preparation) In preparation for the training module:   Read the case study 'Cotto Meli'   Watch the video 'Cotto' Meli iii.  Module (Training) Download the presentation of the training module iv.  Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document

Question 4

MARKETING ESSENTIALS

Accepted Answer

i.  Module Information: Marketing Essentials intends to introduce the trainees in some fundamentals topics of marketing. Before the implementation of the operational marketing, they should be aware of strategic issues as segmentation, targeting and positioning (as well as the differentiation). That way it will be possible to positioning the brand adequately. The online marketing will be also a topic of discussion since it is necessary to commercialize the offer efficiently to targeted customers in today’s competitive and digitalized world. The learning objetives of the module includes:   Learn how to analyse and select best markets   Learn how to differentiate products and services offerings   Learn how to develop  and establish an effective brand positioning   Learn how to carry out effective social media campaigns ii.  Pre-module (Preparation) Non applicable iii.  Module (Training) Download the presentation of the training module iv.  Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document Discuss the following questions: “how can you differentiate your products and services offerings?; how can you carry out effective social media campaigns?”

Question 5

SUCCESSION AND CONTINUITY PLANNING

Accepted Answer

i.  Module Information: This module deals with the common succession challenges and how to address them by strategically planning the family business succession. In particular, family members will learn about: the components of the succession process in agrotouristic and artisan family business as compared to non-family businesses the family factors hindering and facilitating succession the characteristics of family business stakeholders in terms of expectations, motivations and subsequent attitude during succession the factors that facilitate the transfer of the entrepreneurial legacy across generations ii.  Pre-module (Preparation) In preparation for the training module: Read : The Case JDUBOIS Horticulteur Watch the Video: Entrepreneurial legacy: Toward a theory of how some family firms nurture transgenerational entrepreneurship Draw : your family tree back to 3 generations. Write : a list of succession challenges that you have encountered or learned of in the family business. iii.  Module (Training) Download the presentation of the training module iv.  Post-Module (Post-Training) (to be discussed in forum) Download the self-reflection document Discuss the following question: How would you describe the type of motivation and attitude of family members towards succession? Which strategic activities will you maintain or introduce to better manage succession?

TRAINING ModulES