Family Business Leadership and Management

Program Overview

A course outline for “Leaving a Legacy for Family Business” involves structuring content that focuses on the ways a family business can be preserved, sustained, and successfully passed on to future generations.

This course is designed to equip family business owners with the knowledge and tools necessary to build a lasting legacy, ensuring the business flourishes across generations while maintaining family values and cohesion.

Details

Program Objectives:

• For next generation Family Business Leaders to learn how create strategies in continuing the legacy of their Founders and Senior Generation Leaders.

Key Benefits:

• Core Family Values
• Aligning Business Goals with Family Legacy
• Establishing a Family Council
• Creating a Family Constitution
• Roles and Responsibilities in Family Governance
• Importance of Early Succession Planning
• Selecting and Preparing the Next Generation
• Strategies for Training and Developing Heirs
• Ensuring Long-term Financial Health
• Understanding Tax Implications
• Wealth Preservation and Growth Strategies
• Building Effective Communication Channels
• Managing Business and Family Conflicts
• Mediation and Conflict Resolution Techniques
• Incorporating Corporate Social Responsibility (CSR)
• Engaging in Community and Philanthropic Activities
• Enhancing Brand Reputation and Legacy
• Analyzing Successful Family Business Legacies
• Lessons Learned from Failures
• Industry-Specific Examples
• Staying Relevant in Changing Markets
• Innovating While Respecting Tradition
• Embracing Digital Transformation
• Creating a Personal and Business Legacy Statement
• Crafting Specific Goals and Milestones
• Continuous Review and Adaptation of Legacy Plans

Who Should Attend:

The program is intended for founders, family business owners, next generation leaders, and professionals employed by a family business.