About
➜ Who is this for? The program is for next-generation members of business families who intend to or already have joined their family business. Two modules of the program will help participants appreciate and relate to the opportunities and challenges of working in their family businesses, identify forces that impact the family's harmony and business growth, and gain the trust and confidence of seniors by contributing to the business meaningfully. ➜ Key Takeaways from the course: • Understand the importance of family businesses in the global economy • Learn the dynamics of success and failure of prominent family businesses • Identify forces impacting the longevity of family businesses and role of the family in the business • Learn about the core strengths of legacy family businesses • Appreciate the importance of a planned entry in the family business as a successor • Learn the elements of an Induction plan and prepare your own plan ➜ What will you learn: • Family dynamics: family business and business family • Business in the Indian Context: Challenges and opportunities of joining your family business • Multigenerational sustainability of the family enterprise: roles of family members • Building a legacy family business • Next-Generation Transition