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.

Connect with us for more details:

Connect with us