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