Family Business and Executive Education
The Centre offers training programmes for leaders, family members and executives of family firms which focus on the unique challenges and opportunities that these enterprises face in today’s global business scenario.
Transformation of family businesses require focused training inputs. The Centre collaborates with the Centre for Executive Education in offering short duration programmes.
This programme is aimed at sensitizing the family business owner, with the issues involved in journey of transformation and growth. The course also focuses on applying the tools and techniques for creating the capabilities that will ensure sustained growth of the organization.
This programme has been offered to Senior members of MFAB students in May and October 2014 in association with the Centre for Executive Education and PGP Special Initiatives departments
October 16 - 19, 2013
Most Asian Businesses are family controlled and managed; unfortunately, only a small portion of them survive beyond the second or third generation. This is because of the unique challenges families face, and their lackof understanding and ability to effectively address them.Families encounter multiple challenges at the interface of family and business, particularly while exploiting growth opportunities. Families have to not only develop competitive business strategy, but also build internal capabilities both on business and family fronts to manage such situations. In most cases, family professionals have to transform themselves to lead this change. This is not always easy because of the difficulties of managing the challenges of professionalisation and governance involved.
March 3 – 6, 2012 and October 10 – 13, 2012
This is a unique programme which examines the special challenges that a family business leader faces in balancing the needs of the business against the requirements of the family. Today, India offers great opportunities for family businesses. However increased competition from global players, limited supply of quality talent, new disruptive business models, and above all, the rapid change in the external environment make it imperative for a family business to rethink its business strategy and take advantage of this growth opportunity.
ISB and Kellogg jointly have been offering a customised programme on “Family Business” to leaders and owners of family firms, next generation leaders of family firms, spouses, independent directors, and advisors to family firms since 2003.
Family businesses today employ half the world’s work force and generate more than half of the world’s gross domestic product. In India, as much as 71 percent of the Bombay Stock Exchange capitalisation is contributed by companies run by families. In fact, though well-governed family businesses have a competitive edge in today’s turbulent market place, their needs, problems, and prospects are often not given the kind of attention they deserve. The ISB’s aim is to make you future-ready by equipping you with knowledge to stay competitive in a global business environment.
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