International Family Firm Conference is organized for the fourth time
2022-05-23 14:32:03There are various types of family firms in Hungary from the hundreds of thousands of micro-enterprises, to small and medium-sized enterprises, which are much smaller in proportion, to the few dozen large companies with over 20 billion HUF turnover.
Although the research of Corvinus University shows that the operations and applied management systems of an average family firm are equal to one level smaller company. The key to stepping forward is to accelerate professionalization, which includes hiring experienced non-family managers and vital aspects of developing commercial, logistical, HR, controlling, and IT systems to create the appropriate business culture for the firm. Also, we should not forget to mention managing the relationship between the family and the firm, which is usually the least developed leg of domestic companies’ professionalization.
In the conference, the oganizers turn to those who do it well:
Mr. Marcus Hardtmann, owner of the Hardtmann Group, which turns 145 years old this year, will discuss managing a multi-generational, technologically innovative large company with diverse family ownership professionally.
Mr. Bálint Fazekas, 2nd generational owner and commercial director of Euronics, will introduce us to how they could renew their product portfolio, marketing, and pricing methods, while continuously automating and improving their employee’s knowledge.
Mr. Attila Gódi, owner and CEO of Terrán, will present how they became a multinational company over 100 years from being a small family firm founded by his grandfather having such disruptive innovative products as the solar roof tiles.
More information about the event and registration here.