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Kellogg School of Management

Family Enterprise Boards: a Program for Current and Prospective Directors

Next dates

Sep 15—19
5 days
Cook County, Illinois, United States
USD 10700
USD 2140 per day
Sep 20—24, 2020
5 days
Cook County, Illinois, United States
USD 11550
USD 2310 per day

Description

Learn the ins and outs of serving on a family business board and how to navigate these unique organizations

The director plays a pivotal role in effectively guiding family owned businesses. This program from leading family business experts goes in-depth on the issues that affect current and emerging board members, such as managing the board’s strategic, fiduciary and communication functions.

Through interactive lectures with leading Kellogg faculty, in-depth case studies and panels with experienced family and independent directors, participants will emerge with a well-rounded skill set to effectively manage the essential functions of aligning the board’s work with the values and long-term growth of family-owned businesses.

Key Benefits

  • Define the role of the Board in understanding family business strategy
  • Explore the differences in Board decisions for a family enterprise
  • Understand the unique challenges of selecting family for Board roles
  • Learn to effectively link the Board with the family

Program Content

  • Role of the Board in understanding family business strategy
  • What is different about a Board decision for a family enterprise
  • Selecting family for Board roles
  • Linking the Board with the family
  • Board room etiquette and effectiveness
  • Different models of the Board’s role in governance
  • Board best practices in family enterprises

Who should attend

  • Current family and non-family board directors, trustees and chairs of family-controlled firms
  • Family members developing themselves for future roles as board members in their enterprise
  • Family and non-family executives who interact with or who will soon be appointed to the board

Experts

Professor Ivan Lansberg is an organizational psychologist in New Haven, Connecticut. He is co-founder and a senior partner of Lansberg, Gersick & Associates LLC, a research and consulting firm specializing in family enterprise and family philanthropy. Ivan was a professor of organizational be...
Dr Justin Craig is a Clinical Professor of Family Enterprise and Co-Director of the Center for Family Enterprises at the Kellogg School of Management at Northwestern University. His research focuses on the strategy, function, management, and performance of multi-generational family enterprises an...

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