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"We must teach children to think, not what to think."
Margaret Mead


THE PLANNED TRAINING COURSE FOR CHILDREN AND UNIVERSITY RANKINGS
 

Generational change is a complex process that must be programmed in time, to prevent it from becoming a problem It must therefore be prepared following the family expectations, aspirations, and abilities of the new generation, according to business needs and prospects.
The dimensions to be addressed in the context of the family succession are manifold. We want to focus on one fundamental aspect here: training.
The theme of training must be seen as external and internal. Concerning the external aspects, we talk both about the actual training path – therefore the studies carried out or to be carried out – and the training resulting from work experience at third-party companies.
Internal training, on the other hand, is understood as the gradual path that the new levers must take within the family company through mechanisms of job rotation, support (to external experts or internal managers) to better understand the complexity of the company.
Insufficient preparation of heirs is one of the main risk factors. The main objective of training, therefore, must be to minimize the risks of failure of the family succession, but also to avoid the rise of false expectations within the family.
The path that seems most suited to the needs of family businesses is the one in which the child follows a targeted training course, possibly obtains a master's degree, and perfects himself with training at a third company. In this case, in fact, in addition to having a solid theoretical preparation, it is possible to create such a situation that, in the hands of the young person in the company, there is greater credibility, wider perspective, and greater speed of integration.
All other possible routes are full of pitfalls and, especially for some of them, the disadvantages are far greater than the advantages. Let's think about the case of those who follow a training path that has nothing to do with corporate life. In this situation, acquiring the necessary knowledge and skills can be a very long road that also requires a strong spirit of sacrifice.
It is not desirable, however, that parents oblige their children to follow paths against their wishes. This often backfires (leaving school, family problems, etc.).
It is important that, even in SMEs, entrepreneurs understand that it is necessary to strip as much of the role of the parent as possible to adopt all the programming techniques necessary to integrate their children into the company and to be able to give as much objective judgment as possible about the abilities of the new generations.
Having the time to guide the entire training path, internal as well as external, is certainly an advantage for SMEs as well. With this model, you can increase the chances of success of the generational change process.

BEST MBA SCHOOLS

Source: Financial Times (2016)

RANK UNIVERSITY NAME COUNTRY
 1 Insead  France - Singapore 
2 Stanford Graduate School of Business USA
3 University of Pennsylvania: Wharton USA
4 Harvard Business School USA
5 University of Cambridge: Judge England
6 London Business School England
7 Columbia Business School USA
8 IE Business School Spain
9 University of Chicago: Booth USA
10 Iese Business School Spain
11 Ceibs China
12 Northwestern University: Kellogg USA
13 MIT: Sloan USA
14 University of California at Berkeley: Haas USA
15 HKUST Business School China
16 Yale School of Management USA
17 Esade Business School Spain
18 Dartmouth College: Tuck USA
19 New York University: Stern USA
20 HEC Paris France
21 IMD Switzerland
22 SDA Bocconi Italy
23 University of Michigan: Ross USA
24 Duke University: Fuqua USA
24 Nanyang Business School Singapore
25 National University of Singapore Business School Singapore


BEST UNIVERSITIES IN THE WORLD

Source: QS world ranking (elaborata nel 2016)

RANK UNIVERSITY NAME PAESE
 1 MIT  USA 
2 Harvard University USA
3 Stanford University USA
4 Princeton University USA
5 UCB (University of California Berkeley) USA
6 University of Chicago USA
7 LSE (London School of Economics) England
8 University of Oxford England
9 Yale University USA
10 University of Cambridge England
11 Columbia University Cina
12 UCLA USA
13 University of Pennsylvania USA
14 NYU (New York University) USA
15 Northwestern University USA
16 UCL (University College of London) England


BEST UNIVERSITIES IN ITALY

Source: Censis 2016

RANK UNIVERSITY NAME
 1 Ferrara 
2 Cà Foscari
3 Padova
4 Pavia
5 Urbino Carlo Bo
6 Macerata
7 Bologna
8 Milan
9 Rome Tor Vergata
10 Molise
11 Marche
12 Napoli Federico II
13 Pisa
14 Sassari
15 Trieste
16 Modena e Reggio Emilia
17 Siena
18 Cagliari
19 Firenze
20 Trento


THE BEST ITALIAN STATE UNIVERSITIES

Source: sole 24 ore (2016)

RANK UNIVERSITY NAME
 1 Verona 
2 Trento
3 Politecnico, Milan
4 Bologna
5 Padova
6 Milan Bicocca
7 Siena
8 Politecnica delle Marche
9 Venezia Cà Foscari
10 Pavia
11 Macerata
12 Piemonte Orientale
13 Ferrara
14 Politecnico, Turin
15 Milan, Statale
16 Florence
17 Udine
18 Viterbo
19 Siena Stranieri
20 Venezia Iuav


THE BEST ITALIAN NON-STATE UNIVERSITIES

Source: sole 24 ore (2016)

RANK UNIVERSITY NAME
 1 Milan, Bocconi 
2 Rome, LUISS
3 Milan, San Raffaele
4 Bolzano
5 Castellanza LIUC
6 Rome, Biomedico
7 Milan, Cattolica
8 Aosta
9 Milan, IULM
10 Rome, LUMSA

 

Extract from the book “Come gestire il passaggio generazionale nelle PMI italiane”, by Gian Andrea Oberegelsbacher & Leading Network, published by WKI (Ipsoa) 2017