Setting up a successful family business center: A possible model

Alfredo De Massis Full Professor of Entrepreneurship & Family Business Free University of Bozen-Bolzano (Italy) and Lancaster University (UK) Director of the Unibz Platform on Family Business Management and Co-Director of the LUMS Centre for Family Business

Lancaster University Management School and the Centre for Family Business

•  Lancaster University Management School is a triple-accredited, world ranked management school, consistently among the UK’s top five

•  The Centre for Family Business is a research-led unit at LUMS/ESI(Department of Entrepreneurship, Strategy & Innovation) focusing on family business

•  Through our research, teaching and engagement, our goal is to put family business at the forefront of management thinking.

•  Leading and world-renowned researchers in family business studies

•  Track record of influential family

business publications in top ranked

journals •  Editorship of top tier international

journal special issues, books, handbooks and guidance articles

The Centre for Family Business

www.ucl.ac.uk/gcec

•  International, national and regional research conferences and seminars on family business

•  Strong links with local and international family business practictioners, advisors and researchers

•  Community of international scholars from 5 continents and 10 different nationalities

Our Vision: We inspire and support better management of family firms through our international,

collaborative, and multi-disciplinary research on the distinctive organisational goals, processes and outcome engendered by family influence on businesses.

Our Mission: •  To achieve excellence in research that:

!  Contributes new and meaningful knowledge to the theory of family business !  Produces impactful implications for the business practice of small-to-medium

size family firms •  To lead a community of scholars in developing the global resources for catalyzing

the international exchange of ideas.

In essence, to be at the forefront of family business research and thinking

Areas of strategic intent Current research areas •  Innovation and growth strategies in family

businesses •  Family business goals and goal setting process •  Intra-family succession and leadership

development •  Family entrepreneurship and intergenerational

learning •  Dynamics of family entrepreneurial teams •  Corporate social responsibility, philanthropy

and corporate social reporting in family business

Activities and Governance

Prof. Alfredo De Massis PhD, MSc (Hons) Director of the Centre for Family Business Professor of Entrepreneurship & Family Business

Prof. Jess Chua Professor of Family Business Chairman of the Research Advisory Board Dr. Allan Discua Cruz PhD, PgDip, MMM, MBA, BSc Lecturer in Entrepreneurship

The Team

Jacqui Jackson MA, Cert Ed Head of Family Business Engagement

Ambra Mazzelli MSc, BSc PhD Student

Emanuela Rondi MSc, BSc PhD Student

Angela Carradus MA, Mifil PhD Student

Prof. Ellie Hamilton PhD, MA, BA (Hons) Dip M Dip MRS, FRSA Associate Dean for Enterprise Dr. Josip Kotlar PhD, MSc, BSc Lecturer in Family BusinessDr. Ed McKeever PhD, BA Management and Business Development Fellow

The Research Advisory Board (RAB)

Prof. Sara Carter University of Strathclyde Business School, U.K. Prof. Carole Howorth Bradford University School of Management, U.K. Prof. Mike Wright Imperial College Business School, U.K.

Prof. James Chrisman Mississippi State University, U.S. Prof. Frank Hoy Worcester Polytechnic Institute, U.S. Prof. Mattias Nordqvist Jönköping International Business School, Sweden

The Business Advisory Panel (BAP)

www.ucl.ac.uk/gcec

+ Professor Alfredo De Massis, Professor Ellie Hamilton, Jacqui Jackson

Why? To better link research and business To ensure the relevance of research to business To assist the design and delivery of business engagement initiatives To act as“cultural agitant” to the Centre for Family Business To access the latest global research in the world of Family Business To have a visible association with Lancaster University To have access to signi cant networking opportunities

Andrew Beale (Beales Hotels) the business owner perspective Edwin Booth (Booths Supermarkets Ltd) the business owner and Local Economic Partnership perspective Chris Cox (George Cox Ltd) the business owner perspective Mark Evans (Coutts Bank) the family business finance and Chairman of FFI perspective Gillian Hall (Butlers Farmhouse Cheeses) the business ower perspective Kevin McCurren (Center for Entrepreneurship & Innovation, Grand Valley State University, USA) the international academic perspective Daniel Mclaughlin (BIS) the policy perspective Alison Park (Low Sizergh Barn Ltd) the business owner perspective Mike Roberts (Frank Roberts & Sons Ltd) the business owner and family business policy perspective

Education and Knowledge and Transfer

We develop and teach family business and entrepreneurship modules at the undergraduate, masters, executive and doctoral levels in specialised courses at LUMS and elsewhere. •  Introduction to family business •  Managing family enterprises across generations •  Strategy and planning in family business •  Innovating the family enterprise •  Theories and methods for family business research •  Thematic workshops and lectures •  FECC We are also engaged in knowledge exchange activities that have a marked impact on the business community and society at large.

Lancaster’s Centre for Family Business has collaborative links with family business practitioners, advisors, and academic communities both locally and internationally:

•  It is actively involved with leadership roles in the

Global STEP Project for Family Enterprising founded by Babson

College (USA)

•  It is actively involved with leading research and engagement networks in family business

•  It Chairs the

Family Business Strategic Interest Group of the European Academy of Management (EURAM)

Network and Partners

www.ucl.ac.uk/gcec

•  What is the best model for centres within and outside the business school?

•  How does a centre meet the interests of multiple universities?

•  How can a centre manage the trade-off between rigour and impact?

•  To what extent a centre should be locally relevant and internationally renown?

•  How important is for a centre to be business engaged with the entrepreneurial community and society at large?

•  How does a centre integrate research, teaching, and service to the entrepreneurial community?

•  How is funding secured and at what level?

The main challenges in setting up a CFB:

alfredo.demassis@unibz.it

Skype:alfredo_demassis

Facebook:h5ps://www.facebook.com/alfredo.demassis

Twi1er:@AlfredoDeMassis

Linkedin:h5ps://www.linkedin.com/in/alfredodemassis

Thanks for your attention! !!

Questions and contacts