Family Business and Executive Education

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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. 

Advising the Family Enterprise : Facilitating Sustainable Growth and Success

July 20 - 21, 2018

The programme is designed to enrich your practice and help you cement long-term mutually beneficial relationships with your clients. The programme will help you gain sophisticated understanding by providing a comprehensive perspective of family, business and ownership systems. It equips you with the necessary skill set to successfully steer through the intricacies and challenges of advising business families. Specifically, you gain insight into the following:

  • Understanding the unique challenges faced by family businesses
  • Developing business growth strategy by blending business and family resources
  • Addressing challenges of ‘let go’ and professionalization 
  • Managing challenges of leadership transition and succession management
  • Developing family constitution and governance structures
  • Establishing yourself as a trusted family business advisor
The programme comprises a prudently crafted combination of interactive sessions, case studies, group discussions and interesting exercises with peers.


Key Takeaways

The programme is structured to have specific learning and development outcomes for the participants:

  • Get a better understanding of family business dynamics and unique challenges and roles of an advisor
  • Develop skills to counsel clients on professionalisation of family business
  • Learn to facilitate the development of ‘Family Constitution’ and family governance structures
  • Build capabilities to become a trusted and effective family business advisor
Family Business : Managing Growth and Transformation
July 25 - 28, 2018

Running a family business often brings in conflicts, at the interface of family and business, while exploring growth opportunities. You have to develop competitive strategies and at the same time, build internal capabilities to manage the challenges that come with adopting changes. It is not always easy for family-run businesses to transform themselves, because of lack of professionalisation and governance. Family Business: Managing Growth and Transformation is a programme that enables you to identify and understand the challenges that come with the transformation of a growing family business, and develop key skills for managing it.
 
Programme Outline

The programme will give you a holistic perspective of how to  successfully manage family businesses in a competitive
scenario. Specifically, you will learn about the following:
  • Identifying the strategic levers of your business growth and how to use them to take your organisation to the next level
  • Developing new insights into the challenges, processes and solutions to further professionalise your business
  • Reflecting on your current family business governance structure to determine how it should change to align with growth needs
  • Organisational transformation and institutionalisation: Strategies and processes for the journey

What you will Gain

This programme will sensitise the family business owner with issues related to this journey of transformation and growth. You will learn to apply tools and techniques for creating capabilities that will ensure sustained growth of the organisation.

 

Making Directors Effective in Family Business
July 30 - 31, 2018

Directors of family controlled businesses have to address unique challenges. They need to understand the overlapping features of family and business to perform their responsibilities. This programme will enable participants to be effective board members.

Programme Outline

The program will equip the directors of family businesses to carry out their responsibilities towards the growth and perpetuity of the business. The following topics will be covered:
 
  • Uniqueness of Family Businesses and their implications for the board
  • Governance- family as well as business and their interaction 
  • Professionalization challenges of board
  • Succession and leadership transition – board as facilitator 
  • Roles and responsibilities of the board
  • Complying with statutory rules and regulations and ensuring managerial accountability to shareholders

 

Key Takeaways

 
  • Appreciation of the challenges of governing a family business
  • Developing capabilities to become effective beyond the fiduciary responsibilities
  • How to contribute to the building of a sustainable business
  • An understanding of the role of the board of directors to be an effective director
  • Build competencies to be a better leader
Women in Family Business

August 06 - 07, 2018


Tailor-made for women belonging to business families, this programme focusses on their role, and the most significant challenges they face, direct and indirect, with their family business. The programme will delve into the effectiveness of a businesswoman, and her contribution to building a long-lasting family business.

Programme focuses on

  • Unique Challenges of Managing Family Businesses
  • Family Governance, including entry, career, succession, ownership and rewards
  • Women as Family Business Owners, Directors and Executives
  • Competitive Strategy of Family Businesses
  • Performance Management in Family Business
  • Family and Business Leadership


Key Takeaways
  • Appreciation of major challenges posed due to the coexistence of family and business
  • Solutions to address some of the challenges
  • How to contribute to the prosperity of the family and business
  • An understanding of the role of the Board of Directors and how to be an effective Director
  • Competencies to be a better leader 
  • How to be a catalyst to build a lasting family business
Next Generation in Family Business: Getting Future Ready

February 21 - 22, 2019


Successful leadership transition across generations is crucial for family business continuity. Family businesses that have thrived through multiple generations are the ones who invested in developing their next generation members from an early age. Capable, focused and decisive next generation members who can think independently and act tactfully, are the biggest asset for a business family. Next Generation in Family Business: Getting Future Ready is a programme that helps the next generation members master the concepts and skills required to navigate through the complexities of a career in family business or organisation they chose to serve.

The programme will provide you a comprehensive perspective of managing a family business and its complexities. It will provide you with the essential 'toolkit' of leadership capabilities and skills. Specifically, you will learn about the following:
 

  • Understanding Self, Family and Business: The significance of Values, Vision and Purpose
  • Leadership Skills: Managing Self and Others
  • How to be a Catalyst for Growth and Change: Initiating and Managing Change
  • How to Build Trust, Credibility, Respect for Self, Business and Family
  • Preparing for Future – Challenges and Opportunities

The programme has a carefully crafted mix of interactive sessions, case studies, group discussions and interesting exercises with peers. Beating the boredom of routine classroom learning, you are assured to get enjoyable and enriching learning experiences in all the sessions. 

Key takeaways

The programme is structured to have specific learning and development outcomes for the next generation members:

  • Build capabilities and develop yourself for an active role in family business (or the career option you decide to choose)
  • Prepare an action agenda for self-development
  • Develop leadership skills for future
  • Get a better understanding of ‘the Big Picture’: Know Your Self, Family, and Business
  • Develop confidence about your contribution to your organisation
Perpetuating the Family Enterprise

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.

Leadership in Family Business Programme

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