International Family Business Enterprises Conference (IFBEC) 2024:

Tradition and Transformation in Family Business

29, 30 & 31 August 2024

With the successful conduct of last year’s International Family Business Enterprises Conference at Mysore, the Foundation for Research, Education and Development (FRED) and the Witten Institute for Family Business (WIFU) are proudly announce to host its second Annual Conference at Mysore with the theme of “Tradition and Transformation in Family Businesses and Business Families”.

The conference brings together family business scholars, consultants, and family business members to explore and converse the intricate dynamics between tradition and transformation within the context of family businesses and business families. The conference will be held on 29, 30 & 31 August 2024. Our conference model strongly believes in “CONVERSATION”. Conversation creates the possibility of “AND” and creates the space for further Development.

Family businesses offer a unique context for the analysis of economic activity with certain specifics and implications for the economy in general. On the one hand, we highlight the significance of tradition in family businesses. We will emphasize how traditions can create a strong sense of identity, foster loyalty among employees, and customers, and provide a foundation for long-term success. We will discuss the importance of preserving family values and maintaining a sense of continuity across generations.

On the other hand, however, we will emphasize the need for transformation in family businesses. We will explore how embracing change and innovation can help family businesses stay competitive in a rapidly evolving market. We will discuss the benefits of adopting new technologies, implementing modern management practices, and diversifying business strategies to ensure long-term success and transgenerational sustainability.

Overall, the conference thus will highlight the importance of finding a balance between tradition and transformation in family businesses. By honoring the past while embracing the future, family businesses can thrive, and business families can continue to make a positive impact for generations to come. For this, the strengths of tradition while embracing transformation must be emphasized. This may include implementing succession-planning strategies, fostering a culture of innovation, and investing in employee training and development.

Therefore, the conference will delve into the challenges, opportunities, and strategies associated with maintaining and evolving family businesses across generations. We will examine how tradition and transformation intersect, and how they shape the success of these  enterprises and the continuation of the business family.

Topics:

For the three-day-conference, we invite contributions that enhance our understanding of tradition and transformation in family businesses and business families, by addressing themes such as but not exclusively:

  1. Navigating the tension between tradition and innovation in family businesses.
  2. Strategies for managing succession and leadership transitions while preserving family values.
  3. The role of culture and heritage in shaping the identity and competitive advantage of family businesses
  4. Harnessing technology and digital transformation to drive growth and adaptability.
  5. Balancing family dynamics and professional relationships within the business context
  6. Exploring the impact of globalization and changing market dynamics on family businesses
  7. Best practices for governance, communication, and decision-making in business families.
  8. Case studies highlighting successful transformations and adaptations in family businesses.

Format:

The conference will feature a diverse range of sessions, including keynote speeches, panel discussions, interactive workshops, and research paper presentations for scholars, practitioners, and family business members. Participants will have ample opportunities to engage in meaningful discussions, share insights, and network with like-minded professionals and practitioners.

Call for Papers:

We invite researchers and practitioners to submit proposals of original research papers, case studies, and best practice reports related to the conference theme. Submissions should address one or more of the key topics mentioned above. Accepted papers will be supported through reviewing and guidance throughout the publication process.

Important Dates:

  • Abstract submission deadline: 15 April 2024
  • Notification of acceptance: 30 April 2024
  • Full paper submission deadline: 10 June 2024
  • Conference dates: 29 August 2024 – 31 August 2024

Instructions for submission of Abstracts (Deadline 15 April 2024)

  • The submission should contain a cover page with the details of the title of the proposal, the Author’s Name, Affiliation Institute, Phone Numbers, and e-mail.
  • The text of the abstract should not exceed 500 words.
  • The text of the abstract should briefly state the research question, objectives, methods, and results, followed by keywords.

Instructions for submission of Full Paper (Deadline 10 June 2024 )

  • The submission of the Full Paper should contain a cover page with the details of the title of the proposal, the Author’s name, Affiliation Institute, Phone Numbers, and email.
  • The Abstract
  • Research question/gap
  • Theories/models used
  • Methodology
  • Findings, suggestions, and Conclusions
  • Contribution to further research and/or practice

Manuscripts should be prepared in a single-column, single-space format. Font style: Times New Roman, Font size: 12, and all References should follow APA style.

The authors can present online and in person at the conference.

Should you have any queries or require further information/ submissions of the proposal, please do not hesitate to contact our conference organizing committee at

Dr. Habil. Tobias Koellner      – tobias.koellner@uni-wh.de
Dr Bhavani M                            – bhavani@fredindia.org

Conference Scholarship

We, the committee of the International Family Business Enterprises Conference, are happy to announce the scholarship for students/scholars (Maximum of 8 Scholarships) to attend and present their research papers. Scholarships will be provided to candidates presenting papers in person at the conference.

Candidates need to Submit the following to avail scholarship:

  1. Abstract/Full Paper
  2. Letter of Recommendation from the authorized authority from your institution/university/college.
  3. Current resume
  4. Write up (not more than 200 words); how your presence contributes to the conference topics.

The scholarship includes registration costs, boarding & lodging:

  1. Registration cost, which includes the following
    • Access to all sessions from 29 – 31 August 2024
    • Welcome kit
    • Gala Dinner on the 29 August 2024 evening
    • Three lunches on 29, 30, and 31, August 2024
    •  Social Dinner on 30 August 2024 and refreshments on all three days
  2. Boarding and Lodging
    • Your accommodation (twin sharing basis) and the meals are covered from 28 August 2024. 2.00 pm check-in till 31 August 2024 12.00 pm checkout.

Note: The conference scholarship committee’s decision is the final for selecting the candidate’s research proposal, based on the relevance and difference it makes to the conference

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