About
➜ Who is this for? The programme educates next gen members about the role of governance in a family business, how it brings stability and sustainability to the uniquely complex environment where family interests collide with business and wealth interests. Learn strategy and appreciate the critical importance of a well-crafted Vision and Strategy in your business, which unites its leaders and links the business to family, investments, and entrepreneurship. Most importantly you will start to apply these lessons to your own family business in class. ➜ Key Takeaways from the course: * Understand and appreciate the complexity of family businesses and why governance is needed * Learn techniques to govern across family, business and ownership * Learn how giants like Google, startups, and yes, family businesses set strategies using OKRs * Understand different strategies and how they integrate in a complex family enterprise environment * Appreciate your role as next gen in governance and strategy * Role of next generation ➜ What will you learn: Governance: - The need for Governance - Understanding Family Systems - Family: Constitution and Council - Business: Board and Exec Committee - Ownership: Shareholders Council - Building a Governance Culture Strategy: - Basics of Strategic Planning - Strategy using OKRs - Growth vs Investment vs Turnaround Strategies - Aligning on Vision & Strategy - Strategy of Investments and Entrepreneurship - Strategy of Performance Management