MULTIGENERATIONAL FAMILY BUSINESS: A Top Management Program

Program Days:

May 15, 16, 17, 2023

PROGRAM VENUE
Fairmont Hotel in Manila

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

 

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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 is taught by family enterprise experts who have deep global, regional, and local experience with family enterprises. 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, 17 May 2023, offers private consultations with faculty, who advise business families around the world, for families who want to receive customized guidance about their situation.

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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

Key Benefits
  1. Combine international best practices from global experts with local practices from regional/country experts
  2. Learn from deep experts who are pioneers in the family enterprise field, who are renowned thought leaders, researchers, and advisors to family enterprises worldwide
  3. The program reflects the realities of family enterprise by integrating the many dimensions of family enterprise life: the family, business, governance, leadership, wealth, growth, disruption, ownership, multigenerational continuity, and others—and how to manage the intersections between them
  4. Have forward-thinking discussions that are on the forefront of how family enterprises remain successful today amidst turbulence and volatility, anchored in the latest research and trends on this subject
  5. Combine theory and practice: Grounded practices with examples and recommendations are taught alongside conceptual understandings
  6. Apply the learnings to participants’ own situation and needs in private meetings with the faculty directly following the program

 

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.