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About the course
Practical approaches to the complex challenges of leading the family company
As an aspiring family enterprise leader, you’ll discover how to establish your credibility and authority in the business community, among family shareholders, with the board and management team. As an established leader, you’ll explore the complexities of mentoring the next generation and of managing succession and letting-go. For all, the program can enable you to better manage the nuanced paradoxes that are characteristic of family business leadership.
This highly interactive program includes lectures with world-class experts on family enterprise, live case studies with leaders of prominent family enterprises and group discussions with peers facing leadership challenges similar to yours. With insights gained from a 360-degree assessment and personalized coaching, you’ll leave better able to meet the personal, familial and organizational challenges of your dynamic enterprise.
- Articulate a detailed vision for the future of the family, the enterprise, and for your own leadership role
- Learn to communicate your vision and imbue it with the significance and purpose needed to engage your family and your employees
- Understand the fundamental importance of emotional intelligence for successfully leading in senior roles
- Learn to manage the unique dilemmas that confront family enterprise leaders in ways that harness the strategic advantages of these organizations
- Learn to manage generational transitions and to collaborate effectively with your seniors, juniors and generational peers
- Discover how best to constructively influence the many stakeholders of a family enterprise
- Discuss the special challenges and skills needed to earn trust and authority as a leader of a family enterprise
- Master working effectively with the board of directors, the shareholders, the management and the family
Understanding Leadership in Family Enterprises
- Learn to understand leadership as a collaborative function that can be performed by a constellation of leaders occupying family, shareholder and management roles
- Learn to balance innovation with the traditions of the family enterprise so as to establish a tradition of change
- Explore how to sustain an entrepreneurial edge in your family enterprise
- Find out how leaders of a family enterprise can improve decision-making skills
- Learn to manage other relatives who are your seniors, peers and subordinates in the business
- Explore how to lead generational transitions effectively and in ways that respect the needs of both the enterprise and the family
Leading Shareholders and the Board of Directors
- Tap into shareholder needs and provide them with coherent direction
- Learn to lead an effective family company board
Understanding Your Personal Leadership Style and Vision
- Articulate your own dream and learn to translate it into a leadership story that your followers can follow
- Learn to develop yourself as an authentic and effective leader
- Explore how to connect your dream with the needs and aspirations of all stakeholders and weave a compelling vision for the family enterprise
- Learn to translate your vision into a viable business strategy
Balancing Work and Family
- Develop effective coping strategies to invigorate and sustain your leadership
- Learn to establish meaningful priorities for your personal and professional life
Transitioning Back to the Family Enterprise
- Develop your own leadership action plan for the next 100 days in the enterprise
- Explore the viability of your plan with your peers
- Learn how best to translate the ideas from the program to the unique circumstances of your family enterprise
To extend and deepen the impact of your experience, the program includes a customized component that provides the support and expertise of a professional coach. Specifically designed to complement the curriculum, a coach will provide advice, support and additional resources to strengthen your leadership development through coaching sessions during the program and three post-program coaching audio or video calls.
Who should attend
- New or emerging leaders of an enterprising family
- Established leaders in roles such as: board chair, CEO or CEO candidate, family council chair, family foundation chair, family office head, family director or trustee (whether from the family or not)
Trust the experts
Michelle Buck is Clinical Professor of Leadership at the Kellogg School of Management at Northwestern University. She has previously served as the School's first Director of Leadership Initiatives from 2006 to 2013, designing and coordinating opportunities for personal leadership development to ...
Harry M. Jansen Kraemer, Jr. is an executive partner with Madison Dearborn Partners, a private equity firm based in Chicago, Illinois and a Clinical Professor of Strategy at Northwestern University's Kellogg School of Management. He was named the 2008 Kellogg School Professor of the Year. Harry i...
Wolcott is Co-Founder & Executive Director of the Kellogg Innovation Network (KIN) and a Clinical Professor of Innovation and Entrepreneurship in Executive Education at the Kellogg School of Management, Northwestern University and formerly a visiting professor at the Keio Business School (Jap...
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...
Brooke Olson Vuckovic's career has been focused on helping executives define their purpose and presence as leaders; stretching them to become more focused, non-reactive and clear on who they are, where they're going, why they lead, and what the circumstances they face demand of them. Dr. Vuckovi...