Startup & Entrepreneurship

Due Diligence Masterclass

New York City
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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 laedership 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