Startup & Entrepreneurship

The Family Business Management

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 prepare the Best of the New Management Wisdom

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: Leadership

  • VMOSA = Vision + Mission + Objectives + Strategy + Actions
  • Differences Between Generations (Baby boomer, Gen X, Y, Z)

Module 2: Business and Family

  • How Core Values work
  • Employing Relatives
  • Maintaining Family Harmony
  • Conflict Resolutions
  • Sibling Teams
  • Improving Communication
  • Family Councils
  • Non-family Managers

Module 3: Compensation

  • What to Pay Yourself, Family, and Non-family

Module 4: Operation

  • Decode from strategy to execution
  • Raising Capital
  • Valuation
  • Reengineering

Module 5: Advisor and Consultant

  • Boards of Directors
  • Selecting Consultants

Module 6: Succession Plan

  • Twelve Tasks in Succession
  • Ensuring Stability During Transition
  • Mentoring the Next Generation
  • Retiring
Study Time

This practical training program is designed with:

16 hours training - 2 days

Schedule

Live Online
3,500 $
16 Jan & 17 Jan 2023
Singapore
3,500 $
15 Jul & 16 Jul 2023