Family Business Managing Growth And Transformation

Participations

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Check out our Live Virtual Programmes.

About Programme

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 a 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.

Date & Venue

TBD | ISB, Hyderabad Campus

Programme Fee

INR 1,50,000 + 18% GST

Download Brochure

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Key Learnings

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 institutionalization: Strategies and processes for the journey

Who should attend?

Family business owners of multiple generations looking to take their business to the next growth phase. We encourage nomination of more members from the same family business/ group to ensure a greater learning experience. They often develop an action agenda during the course of the programme.

Benefits

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

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:

The 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 a facilitator
Roles and responsibilities of the board
Complying with statutory rules and regulations and ensuring managerial accountability to shareholders

Faculty

Kavil Ramachandran

Professor Kavil Ramachandran (Ram) is one of the foremost authorities on family business, with over three decades of teaching, research, and consulting experience. His expertise lies in managing the challenges at the interface of governance, professionalisation, and strategy, particularly in rapidly-growing mid-size multi-generational family businesses. Professor Ram is a sought after consultant on the transformation of the family business.

He has prepared several case studies, interacted with various well-known family business leaders and global experts, and has consulted on the transformation of family businesses. He is a frequent speaker to communities of family businesses in India and abroad and writes for popular media regularly.

He is the Executive Director of the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business. His latest book, “The Ten Commandments for Family Business”, is extensively used by family business practitioners in India and outside.