Family Biz and Beyond

The Alberta Business Family Institute held their Family Business and Beyond event this past Valentines day. ABFI director Shauna Feth and Academic Director Lloyd Steier hosted the event that had many students, staff and professional advisors in attendance.

The catered info session took place in the MBA lounge of the Alberta School of Business and started out with some light mingling over catering provided by Upper Crust. At five o’clock Lloyd and Shauna took the floor introducing key faculty in attendance. Danny Miller and Isabelle Le Breton-Miller authors of “Managing for the Long Run” were also in town attending the event from Montreal. Danny and Isabelle will be presenting in the Authors Breakfast Series hosted by ABFI on February 24th in Edmonton and on February 25th in Calgary. You can register for these events here: Edmonton Event or Calgary Event.

One of the key takeaways from the event included the creation of a new major in Entrepreneurship and Family Enterprise, the first of its kind in Canada. This major is open to all BCom students and is especially relevant to students pursuing three distinct career paths:

  1. Students intent on creating, owning and or managing a business venture;
  2. Students destined to become the next-generation leaders of an existing family enterprise; and
  3. Students who envision themselves as professional advisors to the entrepreneurial and or family controlled firms in the future.

Courses offered include new venture creation, small business management, managing family enterprise, international family enterprise and advising family business. (For more information on programs contact etadman@ualberta.ca)

The event also acted as a forum for both students and advisors to bring up ideas for new courses and services they would like to see. Executive Professor in Residence Gary Coskey brought up the interesting idea of starting a family business club at the U of A.

What are your thoughts on establishing a NexGen family business club at the U of A?

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