Managing & Governing Family Businesses

Managing a business has become challenging in an increasingly dynamic environment and rapid globalization. Managing a family business can be more challenging as family involvement provides additional complexity. Hence, learning the concepts for effective management of family businesses becomes essential.
The program enables family owner-managers to balance family and business objectives while making business decisions effectively. The programs also help them effectively manage family issues, which might impact business through better family governance. Further, the programs enable executives working in family businesses to develop long-term growth strategies while leveraging the unique resources of family businesses.

Objective

The program aims to facilitate learning strategic management tools, theories, applications, and processes required to sustain the family business and explore growth opportunities.

Contents

First day
• Unique aspects of family businesses
• Family and business dynamics
• Strategic alignment of the family’s purpose, vision, and values with the business

Second day
• Strategic planning to achieve business objectives
• Growth strategies for family businesses

Third day
• Professionalization of a family business
• Next-generation and Succession planning


Fourth day
• Family communication and Family unity
• Family governance for family and business stability

Who should attend?

• Family business owners
• Next-Generation family members
• Family and non-family executives working in family businesses
• Entrepreneurs

Venue & Duration

The programme is scheduled during November 11-14, 2024 on a residential basis at MDI Gurgaon Campus, Mehrauli Road, Sukhrali, Gurugram. Accommodation for participants would be available at MDI Gurgaon Campus from the noon of November 10, 2024, to the forenoon of November 15, 2024.

Registration & Fees

Participants should be nominated by their organizations. The enclosed nomination form should be completed and
returned with all the details. The fee of the program is Rs. 52,000/- (Rupees Fifty Two Thousand only) per participant which includes a professional fee and all charges for boarding, lodging and supply of course materials during the programme. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by Cheque/NEFT/RTGS.

 

Important Dates

The last date for receipt of nominations is October 30 2024. The last date for withdrawal of nominations is November 01, 2024. Any withdrawal received after this date will be subject to deduction as per the Institute’s rules. However, substitution may be permitted.
Nominating organizations are advised to await confirmation of acceptance of nominations(s) before sending the participants to the programme venue.

Discount Policy
With a view to our long-term relationship with your esteemed organization, we are pleased to introduce the discount policy in this programme. The discount will be observed in the following conditions: (discount is applicable in NEPAL also)
• 10% Discount against 3-5 nominations
• 20% Discount against more than 5 nominations

For enquiry, please contact at [email protected] or +91-124-4560008.