NEWS

DIGITAL TRANSFORMATION & PROFESSIONAL PERSONNEL MANAGEMENT

Representatives of Hungarian and German family businesses shared their experiences on the 2nd International Family Firm Conference in Budapest at the Larus Event and Conference Hall. The event’s participants, that was organised by the Corvinus Center of Family Business (CFB), agreed on that some of the Hungarian family businesses have already recognized the inevitability of digitalisation, which is a basic condition for remaining competitive. Similarly, there are alreading leading domestic practises in managing within family based and external staff-related personal issues. Moreover, the two topics are related, because if a family company is headed for a generational change in time and smoothly, it can also have a beneficial effect on accelerating digitalisation and increasing managerial - including HR management - professionalism. In Hungary, the government is also striving to facilitate the generation change and digitalisation of family businesses through a number of measures. At the same time, the change of attitude of domestic entrepreneurial families is still far from complete, therefore it is necessary to present the good examples of domestic and international, which the present conference has undertaken.

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2nd INTERNATIONAL FAMILY FIRM CONFERENCE

The 2nd International Family Firm Conference was held about the digitalization and HR challenges family businesses face. The conference took place in Larus Event and Conference Hall on 21 March 2019.

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FAMILY BUSINESS IN HUNGARY – RESEARCH REPORT

The study of the Corvinus Center of Family Business did not focus on the differences between family and non-family businesses but the differences between family firms – what are the groups within that population and the characteristics of these groups. The research questions were as follows: what are the demographics of Hungarian family businesses, what is the composition and distribution of this group, and what are the internal processes.

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DEALING GENTLY? – CONTROL IN THE FAMILY AND IN THE FAMILY FIRM

CFB Next, the student communitiy of Corvinus Center of Family Business organizes its event for the second time to talk about current and interesting topics, this time namely about the performance management systems existing (or not existing) in family firms.

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HEADING TOWARDS TO THE 2nd INTERNATIONAL FAMILY FIRM CONFERENCE

The annual international conference on succession, governance and innovation in family business will be held on 21th March this year with a focus on challenges of HR and digitalization issues.

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THREE-WAY JUNCTION – SUCCESSION IN FAMILY BUSINESSES

CFB Next, the student community of the Center of Family Businesses organizes its first event for interested students and graduates both with and without family business background. Our main topic is the successors’ triple dilemma of “further education vs. launching own career vs. joining the family business”.

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BLOOD IS THICKER THAN WATER – GOVERNANCE AND SUCCESSION IN FAMILY BUSINESSES

The Center of Family Business of the Corvinus University of Budapest held an international conference on 22 March entitled „Governance and Succession in Family Businesses – Where are we now and what can we learn from international practice?”

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DOCTORAL SCHOLARSHIP 2018

CFB announced its doctoral scholarship program for 2018. You can download the detailed description of the announcement in Hungarian and in English.

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INTERNATIONAL CONFERENCE

Governance and Succession in Family Businesses – Where are we now, and what can we learn from international practice?

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STAY IN THE FAMILY!

The situation of family businesses is not only a business issue but also a social matter. Due to the multidisciplinary nature of the topic, it can be relevant to all three faculties of the Corvinus University of Budapest as well as other areas outside of the university. Interview with Prof. Dr. György Drótos.

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