Family business
Learn the dynamics of family businesses so you can apply the skills and tools that comprise leading and managing a successful family business. Family businesses face the same challenges as other businesses, but there are some specifics that need to be considered and taken into account in decision-making processes. Learn how to deal with these dynamics, learn new methods and tools to help you leverage the intrinsic strengths of the family business and create a foundation for its long-term success.To ensure that the family business has reach and, most importantly, success, and the business sustains itself over time, the course will give you the opportunity to understand the complexity of family and business dynamics, reflect on the roles and mindsets of the family business manager, and conduct a business diagnostic in this specific area.All of this is to give you an understanding of the tools and components involved in running and organizing a family business: the future vision of the business family, the development of the next generation and the formation of an effective and flexible family and business governance, and above all, the succession that is crucial to sustaining a family business.
About program
When you run a family business, you have to learn to deal with many specific and inherent problems. The course addresses these aspects and also looks at how society and future trends could affect you and your business. We will explore opportunities and trends to own, manage and run your family business to ensure multi-generational success.
In a safe and confidential environment, you will expand your knowledge of successful family businesses and better understand and manage the specific challenges and critical issues in your own family business. Together we will explore key issues facing all family businesses such as growth, management, conflict resolution, succession and strategy. If you can incorporate these key elements in your business into your family business strategy, you will be well on your way to managing it successfully and will be able to get the most out of your business.
Curriculum
- Managing and running a family business
- Strategic management of a family business
- Maximising the performance of the family business
- Succession in a family business
- Decision-making processes in the family business
- Completion of study
