This three-day program is recommended for family businesses that are at any stage of their business transformation i.e. whether the owners are creating a new board, strengthening an existing governance structure, developing young leaders within the family, preparing for succession to the new generation, expanding their business or just implementing international best practices.
Key Topics
- Nepotism: Its benefits, challenges, and strategies for addressing it.
- Professionalization and compensation strategies for family employees.
- Developing family talent for multiple roles (leadership, management, ownership, the board, and more).
- Governance and structure for the business, owners, and family.
- Succession: thinking through a roadmap for your generational transition.
- How to assess your family business system.
- Change and disruption facing family-owned businesses today.
- How to achieve multigenerational success of a family enterprise.
Key Benefits and Expected Outcomes
After attending this program, participants will be able to:
- Learn the key ingredients to create an enduring family enterprise
- Gain appreciation for the complexity of issues, roles, perspectives, and decisions of family enterprise members
- Explore how to develop fair approaches to employing, compensating, and managing family employees
- Understand disruptions that are changing industries, business models and family life, and how family ownership groups must adapt
- Learn how to implement a world-class board of directors or board of advisors
- Learn how to lead as Chairman of the Board and how to contribute as a Member of the Board of Directors
- Understand how to professionalize the family through family governance
- Learn how leaders of a family enterprise can improve decision-making skills
- Explore how to lead a succession process that respects the needs of both the enterprise and the family
- Take an objective inventory of your family enterprise’s goals, strengths, challenges, opportunities, and threats, and develop a plan to address them
- Network with CEOs, CFOs, CXOs, leaders, executives, business owners, entrepreneurs, and faculty from the world’s top business schools and universities
Key Benefits to Your Organization
- Enhance governance, board members ownership, family relationships, decision-making, leadership, performance, and employee retention, which will lead to competitive advantage, strategic growth, and improved quality and performance for organizations.
- Research studies have shown that human capital is the hardest element to replicate or imitate. Therefore, organizations that invest in employee learning and development create a sustainable and long-term competitive advantage that enhances creativity, teamwork, efficiency, disruptive innovation, and growth.
Target Audience for Program
- Chairman and Board Members of Family Companies
- Current Business Leader and Successors
- Owners/Shareholders of the Family Businesses
- Senior Managers in the Family Business, Family Office, or Foundation
- Entrepreneurs in the Family
- Senior Generation, Next Generation, and Spouses
- Group enrollment from a family enterprise is highly recommended to derive maximum utility from this course.
Teaching Methodology
- Group discussions
- Interactive Classroom Sessions
- Real-life case studies from Harvard Business School
- Role-play exercises
- Video-conferencing with faculty from the University of Cambridge, Imperial College London, RMIT (Australia), and others
- Harvard Business School and/or INSEAD Business School Simulation
UPCOMING EXECUTIVE EDUCATION PROGRAMS
UPCOMING EXECUTIVE
EDUCATION PROGRAMS
EDUCATION PROGRAMS
EXECUTIVE EDUCATION
WIN-WIN NEGOTIATION AND LEADERSHIP MASTERCLASS
LEADING HIGH-PERFORMANCE TEAMS DURING A CRISIS
STRATEGIC PROJECT MANAGEMENT FOR SUCCESS
HIGH IMPACT LEADERSHIP FOR SUCCESS
BLUE OCEAN STRATEGY FOR GROWTH
LEADING AND MANAGING HEALTHCARE ORGANIZATIONS
ENTREPRENEURSHIP
AND LEADERSHIP PROGRAM
WOMEN IN LEADERSHIP
FAMILY BUSINESS PROGRAM
info@isbe-usa.org