Reflections On Family Business Centers In recent years, the number of centers dealing with family business has increased. This raises questions about the reasons behind this HB Swiss Scam increase and the mechanism of these centers and their different methods of providing various services to the communities in which they are located.
Reflections on family business centers
Professor Ken Morse, founding director of the Australian Family Business Center (ACFB) at Bond University in the early 1990s, focused on scholarships to help develop and upgrade the Center to become a large, multi-faceted institution. Morse is currently CEO of Morse, a family-owned consulting and knowledge management firm with his daughter, Anthea. In the following interview, Mr. Morse talks about his experience and expertise in this area and provides a closer look at the family business centers.
How did you enter the family business sector?
The family business sector attracted me for the first time when I was an accountant. A public accounting firm offered a scholarship to do some research for a national project. I received the grant for the academic year 1992-1993 and adopted a life cycle perspective to explore family businesses. Later, my focus and method of work were developed. The Australian Family Business Center was officially opened in 1994 under the supervision of an advisory board.
In the absence of a family business organization or organization in the country, the Australian Family Business Center developed an initial strategy focused on research and development of networks. There was no academic education at first, so the center instead sought to engage effectively with family business conglomerates, Later, other branches of the Center were opened throughout Australia and the various family businesses and organizations were contacted through newsletters, events and forums. In 1996, the University hosted the first national family business conference. It should be noted that the establishment of an institution or a body concerned with family business was necessary for the research agenda of the Center because it dealt with the issues and issues related to the affairs of family businesses and addressed them in all aspects.
Shortly after the first conference, the activities and activities of the network provided services to the community and the family business sector, eventually turning to the FBA, which is currently the largest family affairs and business organization in the country. And has been hosting the National Family Business Conference annually since 1999. These responsibilities and roles played by the Commission in bringing together HB Swiss family businesses have enabled the Center to add an academic education file to its research series. Over time, a bachelor’s degree program and a master’s degree in business administration specializing in family businesses were introduced. In addition to completing his research, the Center launched doctoral studies, as well as its design and development of the executive education program for the Australian Family Business Authority. Reflections on family business centers
What types of family business centers are present and what are their purpose?
Before the establishment of the Australian Family Business Center, we looked into the family business centers that existed then. Given our long-term plans to build a research center, we have seen that many of the centers that existed then existed within institutions that had little activity in research. We also found that some of these centers served the purposes of extension education and membership, with limited activities and activities to local communities. This is a natural thing that explains why family businesses stay out of mainstream business management programs. Hence, the Center has adopted an alternative educational program through the publication of research and evidence-based materials that have been the product of our research efforts through formal and executive education programs for the Australian Family Business Corporation.
After all, I can say that there are two distinct types of centers, those that focus on instructional education, those that examine and promote evidence-based education as formal programs.
What are the key performance indicators for any family business center?
Performance indicators depend, of course, on the quality of these centers. For example, performance is assessed in the membership-based extension education centers, on the basis of membership in quantity and quality, as well as in accordance with the volume of income. Membership is enhanced through the frequency of activities and activities targeting members and their communities.
Performance indicators in research and education centers are usually based on those used in standard academic assessments, in particular printed research, grants, graduation of students at various levels, and the quality of teaching measured through measures and procedures adopted by the University.
How can communities and institutions benefit from these specialized centers?
The community benefits from effective family business centers between professional development and advocacy. The centers contribute to promoting the development of the professional fields of family businesses through the development of new knowledge (by research and educational centers), or disseminating this knowledge to improve application and practice. Improvement of practices comes directly from family business owners, or indirectly through the recommendations of their advisors. Family businesses also benefit from centers by focusing on their issues and drawing their policy makers’ attention. Advocacy through evidence has shown that policymakers often overlook family businesses and issues. Family business centers can also help different institutions, such as universities, to take on distinguished positions in the competitive higher education sector, and professional institutions can provide excellent services to their members, especially executive education services.
We have seen growing growth of family business centers around the world. What is your explanation of this phenomenon and why now?
That’s true. We have recently noticed an increase in the number of centers, due to a number of reasons, most notably the international recognition of the enormous and significant size of the family business sector. It is generally known that these types of HB Swiss companies dominate the business landscape of most capitalist economies, a fact that, in addition to neglect and lack of research, highlights the urgent need to learn more about these companies. Here comes the centers that focus their efforts on family businesses and carry out various research that helps us understand this neglected sector and learn more about it. In addition, these HB Swiss companies and their distinct nature of work are increasingly recognized as a distinct tool that contributes to the overall management and conduct of business. Another reason is the generosity and generosity of family businesses, a fact whose importance has been recognized by universities in particular who have come to believe that these families can be a major source of donations and contributions.
What is the future of the Family Business Center model?
Given my strong bias and support for these centers, I think there will be several models and not just one model. I also think that centers that depend on local membership will lose their luster and gradually fade, while research and education centers will have a brighter future, Affiliated to institutions and associations that rely on professional membership.