Women in Family Business

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.

Background

Most large and small businesses, in India and around the world, are family-controlled. Managing a family business successfully across generations has always been very challenging. However, there is growing recognition on the different roles women of business families can play in the success of their business. Hence, there is a critical need to prepare them to contribute effectively, both at operational and leadership levels, including the Board of Directors. This remains pivotal, whether they are actively involved or moderately, since all business decisions significantly impact family wealth and welfare.

Programme Outline

Through a combination of cases, lectures and group exercises, the programme covers topics at the interface of business and family.

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
Competencies to be a better leader
How to be a catalyst to build a lasting family business

Who Should Attend

Women from business families, whose role, active or passive, is disregarded in the business
Women counsellors and consultants of family businesses

Faculty

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 transformation of 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.