Startup & Entrepreneurship

Leadership in Family Business

Introduction

This practical training program is designed with:

  • 16 hours training 
  • 03 months one-on-one coaching

 

 

 

How you will benefit

By the end of the program, participants will be able to develop and strengthen Leadership Transformation

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: The Nature of Leadership

  • What is new about leadership and what is old
  • Four critical qualities people look for in their leaders
  • Cultivating the next generation of leaders
  • Realpolitik for the family business leader
  • Building loyalty by encouraging participation
  • Maintaining the leading edge

Module 2: Leadership in the Business

  • Recharging the business for market leadership
  • Creating a new future out of a crisis

Module 3: Leadership in the Family

  • Organizing the family to achieve its goals
  • Creating forums for discontented shareholders
  • Strong support of leadership through family councils
  • Resolving the inevitable conflicts
  • The power of the Chief Emotional Officer
  • A leader's toughest task -- firing a relative
  • Why families don't empower leaders

Module 4: Selecting the Next Leaders

  • A step-by-step guide to succession planning
  • Identifying characteristics of great leadership

Module 5: Developing Leaders

  • Articulating a code of conduct for young leaders
  • Raising your daughter to be the next CEO
  • Setting an example by listening to your children
  • When your son or daughter is not cut out to be a leader
  • The lure of a comfortable life can spoil successors

Module 6: Different Forms of Leadership

  • Decision-making by consensus at Nordstrom
  • Making the husband-wife partnership work
  • Strategies to make siblings a strong leadership team
  • Learning to lead the cousin consortium

Module 7: Leading the Top Management Team

  • Hiring non-family to help grow the company
  • Empowering the non-family CEO
  • Motivating the top non-family managers

Module 8: Leading Change in the Organization

  • Transforming the firm while preserving the family heritage
  • Rediscovering the family farm as a model for change
  • Steps leaders take to ease resistance to change
  • How leaders reengineer the family firm

Module 9: Where Leaders Go for Advice and Support

  • Using a board to build your company
  • Why leaders need the best available advice
  • Good tips for choosing a consultant

Module 10: Leadership and Public Image

  • Leaders who boldly project the family into marketing
  • How to build your company's reputation
Study Time

This practical training program is designed with:

16 hours training - 2 days

Schedule

Live Online
3,500 $
11 Jan & 12 Jan 2023
New York
3,500 $
19 Sep & 20 Sep 2023

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