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Family Business - Managing Growth and Transformation
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
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.
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
Next Generation in Family Business
Successful leadership transition across generations is crucial for family business continuity. Family businesses that groom their next generation members from an early age, are usually the ones that thrive through multiple generations. Capable, focused and decisive, next-generation members are the biggest asset for a family business. 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 choose to serve. The programme will provide a comprehensive perspective of managing a family business and its complexities. It will equip you with the essential toolkit of leadership capabilities and skills
Advising the Family Enterprise: Facilitating Sustainable Growth and Success
Most businesses in India and other Asian countries are family controlled and managed. However, family businesses face unique decision dilemmas as they operate within the interface of family, business and ownership systems. Expert advice to help the family enterprise navigate through these complex challenges is highly valued and sought after but is rarely available. Addressing this need, the programme helps the participants master the concepts and skills required to deal with family business challenges and become an effective advisor. The mentoring capabilities built through this programme help the participants devise insightful solutions that leave a lasting impact on their family business clientele
Making Directors Effective in Family Business
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. The program will equip the directors of family businesses to carry out their responsibilities towards the growth and perpetuity of the business.
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
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.