Honey Heritage Simulation

Managing a Multi-Generational Family Business

Simulation Overview

This simulation challenges learners to manage a single business across multiple generations, exploring the complex interplay between family, business, and ownership. They navigate critical issues like founder succession, professionalizing the management team, raising external funds, and implementing governance processes. At each decision point, learners weigh competing stakeholder opinions and witness the long-term impact of their choices on family harmony and business sustainability.

Players

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Single Player


Languages

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English


Simulation Time

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Total Time: 1-1.5 hours

Intro 5-10 minutes, Gameplay 25-40 minutes, Debrief 30-45 minutes


Accessibility

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WCAG 2.0 Compliance


Price

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$165 per person

The Story

name your team
decions
family tree

Learners begin with the first-generation founder of a small honey company and navigate the intricate challenges that arise as the business and their family grow over multiple generations. They will face a constant struggle to balance the need for business growth and professionalization with the desire to maintain family harmony and manage ownership complexities. As they make critical decisions about succession, diversification, governance, and more, they will see how their choices affect the business's success and the family's well-being. How far can they take the honey business, and how will the stakeholders feel about their legacy?

Core Competencies

Ethical Leadership and Responsibility

Stakeholder Management

Strategic Decision Making

Entrepreneurship

Conflict Resolution

Future Focus

Learning Objectives

Familiarize users to critical issues that could arise in a business family environment.
Help learners understand the dynamics between the family, business, and ownership dimensions in a family business.
Create an understanding that the decisions will change over generations, and each generation will deal with a different set of decision.

Resources to Power Your Simulation

This simulation comes with a Facilitation Guide along with 1:1 facilitator training and free trial accounts.

Available with this simulation

Facilitation Guide

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Author Video

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Facilitator Video

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Free Trial & Demo

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