TOP MANAGEMENT PROGRAM : Multigenerational Family Business

Program Days:

May 15, 16, 17, 2023

PROGRAM VENUE
To be announced

PROGRAM COST
USD 6,000 for a family of four members, and USD 1,000 for any additional family member

Program Overview

The Top Management Program – Multigenerational Family Business is devoted to helping business families gain the knowledge and practices to successfully steward their family companies into the next generation.

This two-day program will be conducted by Cambridge Institute for Family Enterprise, led by Dr. John A. Davis, Faculty Director of Family Enterprise programs at M.I.T. Sloan School of Management and Chairman and Founder of Cambridge Family Enterprise Group, in partnership with Asian Institute of Management. The program will offer business families in The Philippines an opportunity to learn and share strategies for sustaining a competitive business, and a united family and ownership structure for the next generation.

An optional third day on 05 October 2022 offers private consultations with faculty, who advise business families around the world, for families who want to receive customized guidance about their situation. Venue is to be announced.

Program Objectives

In particular, the program:
Offers families pragmatic tools and leading practices to explore the rewards, challenges, goals, and strategies for the long-term survival of their family business.
Provides a safe forum, a shared language, and useful frameworks for senior generation and next generation family members to discuss their future goals and plans for their business, ownership, wealth, and family.
Helps family members who are contemplating their career path to understand where they may fit in the family enterprise and how to develop themselves for future roles in governance, ownership, or management.
Offers the unique opportunity to exchange experiences and strategies with like-minded families facing similar situations.

What You Will Learn

Topics Covered:
Multigenerational Success Factors; Stages of Evolution of Family Businesses; Governance; Succession Planning; Development of the Next Generation; Preparation for becoming a Shareholder; and related topics. This program combines classroom discussions, interactive lectures, case discussions, and international examples

Who Should Attend

Families must attend in groups, with members of both the senior generation and next generation. Individuals may not attend alone; at least two people from each family should attend. Participants do not need management experience or formal business training to participate.