Tailored training and coaching
The Challenge
A multi-generational family firm is inherently a balancing act between forces pulling in different directions, such as shareholders seeking dividend and executives looking for business investment. Since long-term success depends on family cohesiveness, family members must all understand the key family business principles and be practiced in making decisions together.
The Solution
Families
with family firms or family offices can often benefit from training
programmes run specifically for them, and so enhance family cohesion as well
as learning. The programmes are tailored to match the objectives set by the
family, using world-class experts. The programmes can be run at your offices,
an off-site location or remotely. Here are just a few examples:
Annual family gatherings, off-sites and next generation meetings
Families often wish to provide an educational dimension to complement the social or business sides of family gatherings. We can design lively educational sessions in which family members learn from a leading family business expert, often in an interactive session with a guest speaker from another family.
Developing family governance and a family constitution
Often, when a family is thinking of creating a family constitution, there are different levels of engagement and knowledge within the family. This course is designed to bring everyone up to a common level of understanding. It explains the purpose of a family constitution; how to develop one; how to gain buy-in and how it can be amended over time.
Family Business Entrepreneurship Masterclass with Live Case Simulation
The Masterclass is run by two INSEAD Business School professors who teach entrepreneurship at the School. It is particularly useful for family members who may wish to own or manage their own firms. Run over one or two days, it is an intensive simulation of 3 months in an entrepreneurial business.
Next generation training
The future success of a family may depend, in large part, on how family members are prepared for their future roles and responsibilities. Next generation is designed to educate, but also to get next family members used to solving challenges together, in realistic case studies.
Annual family gatherings, off-sites and next generation meetings
Families often wish to provide an educational dimension to complement the social or business sides of family gatherings. We can design lively educational sessions in which family members learn from a leading family business expert, often in an interactive session with a guest speaker from another family.
Developing family governance and a family constitution
Often, when a family is thinking of creating a family constitution, there are different levels of engagement and knowledge within the family. This course is designed to bring everyone up to a common level of understanding. It explains the purpose of a family constitution; how to develop one; how to gain buy-in and how it can be amended over time.
Family Business Entrepreneurship Masterclass with Live Case Simulation
The Masterclass is run by two INSEAD Business School professors who teach entrepreneurship at the School. It is particularly useful for family members who may wish to own or manage their own firms. Run over one or two days, it is an intensive simulation of 3 months in an entrepreneurial business.
Next generation training
The future success of a family may depend, in large part, on how family members are prepared for their future roles and responsibilities. Next generation is designed to educate, but also to get next family members used to solving challenges together, in realistic case studies.
About the trainers
The trainers
The instructors and facilitators for both our conferences and tailored training programmes are recognised, world-class experts such as:
The instructors and facilitators for both our conferences and tailored training programmes are recognised, world-class experts such as:
Adjunct Professor in Family Business, Imperial College London
Founder and Chairman, Peter Leach Associates Ltd.
Author “Family Enterprises, The Essentials”
Formerly Wild Group Professor of Family Business, Family Office, Governance, IMD Business School
Academic Director, Center for Family Enterprises Executive Programs, Kellogg School of Management;
Senior Partner, Lansberg, Gersick & Associates, LLC (United States)
Case Studies
Prepare
next generation family members
who might wish to own or
run early-stage businesses
Family:
Family firm with a strong entrepreneurial ethos
Family firm with a strong entrepreneurial ethos
Challenge:
Many next generation family members plan to create or own start-ups but have limited experience
Many next generation family members plan to create or own start-ups but have limited experience
Result:
2-day simulation in the development of a start-up
2-day simulation in the development of a start-up
Helping all family members, both in and outside the business,
enjoy learning together
about family business governance
Family:
Large Middle Eastern Family
Large Middle Eastern Family
Challenge:
Hold enjoyable gathering that also helps family members work together more effectively
Hold enjoyable gathering that also helps family members work together more effectively
Result:
Live-case training day with an invited family and expert facilitator to draw broader conclusions
Live-case training day with an invited family and expert facilitator to draw broader conclusions