Startup & Entrepreneurship

Due Diligence Masterclass

Toronto
View more

Business Transformation for Family Business

Introduction

This practical training program is designed with:

  • 16 hours training 
  • 03 months one-on-one coaching and doing projects

 

 

 

How you will benefit

  • Articulate a detailed vision for the future of the family, the enterprise, and for your own aspiring leadership role
  • Learn to communicate your vision and imbue it with the significance and purpose needed to engage your family and your employees
  • Assess your leadership style using feedback from those you currently collaborate with and create a personal action plan with one-on-one coaching
  • Understand the fundamental importance of emotional intelligence for successfully leading in senior roles
  • Learn innovative ways to lead by articulating your personal philosophy of leadership and weaving it to the culture of the family enterprise and its long-term strategy
  • Learn to manage the unique dilemmas that confront family enterprise leaders in ways that harness the strategic advantages of these organizations
  • Learn to manage generational transitions and to collaborate effectively with your seniors, your juniors and your generational peers
  • Discover how best to constructively influence the many stakeholders of a family enterprise
  • Discuss the special challenges and skills needed to earn trust and authority as a leader of a family enterprise
  • Master working effectively with the board of directors, the shareholders, the management and the family

Who should attend

Families in Business: From Generation to Generation is intended for teams of business family members, such as:

  • A chief executive officer [or top family business leader(s)] and his or her spouse
  • Children of the business leader(s) and their spouses
  • Siblings and their spouses/partners
  • Cousins and their spouses/partners
These family members might be:
  • A manager or an employee
  • A board member
  • A shareholder
  • An interested relative, who may be an in-law

What you will cover

Module 1: Understanding Leadership in Family Enterprises 

  • Learn to understand leadership as a collaborative function that can be performed by a constellation of leaders occupying family, shareholder and management roles
  • Learn how to balance innovation with the traditions of the family enterprise so as to establish a tradition of change
  • Explore how to sustain an entrepreneurial edge in your family enterprise
  • Find out how leaders of a family enterprise can improve decision-making skills
  • Learn to manage other relatives who are your seniors, peers and subordinates in the business
  • Explore how to lead generational transitions effectively and in ways that respect the needs of both the enterprise and the family

Module 2: Leading Shareholders and the Board of Directors 

  • Tap into shareholder needs and provide them with coherent direction
  • Learn how to lead an effective family company board

Module 3: Understanding Your Personal Leadership Style and Vision 

  • Articulate your own dream and learn to translate it into a leadership story that your followers can follow
  • Learn how to develop yourself as an authentic and effective leader
  • Explore how to connect your dream with the needs and aspirations of all stakeholders and weave a compelling vision for the family enterprise
  • Learn how to translate a dream into a viable business strategy

Module 4: Balancing Work and Family

  • Develop effective coping strategies to invigorate and sustain your leadership
  • Learn to establish meaningful priorities for your personal and professional life

Module 5: Transitioning Back to the Family Enterprise 

  • Develop your own leadership action plan for the next 100 days in the office
  • Explore the viability of your plan with your peers
  • Set an implementation plan that considers the ownership, the family and the enterprise
  • Learn how best to translate the ideas from the program to the unique circumstances of your family enterprise
Study Time

This practical training program is designed with:

16 hours training - 2 days

Schedule

New York City
3,500 $
05 Jun & 06 Jun 2022

Other courses

Due Diligence Masterclass

Hong Kong
View more

Startups Valuation and Fundraising

Vancouver
View more

The Family Business Management

Ho Chi Minh
View more

Policies & Procedure for Family Business

New York City
View more

Conflict Resolution in Family Business

New York City
View more

How to Grow Family Business

Jakarta
View more

Building Strong Family Teams

Shanghai
View more