Leading for Impact Within Family Enterprise

Kellogg School of Management

How long?

  • 10 days
  • online

Kellogg School of Management

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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)

About the course

As an aspiring leader within family enterprise, 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 individual and group coaching, you’ll leave better able to meet the personal, familial and organizational challenges of your dynamic enterprise.

Key Benefits

  • 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

Program Content

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

Special Feature:

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.

Experts

Michelle Buck

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 Kraemer

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...

Ivan Lansberg

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...

Nicholas Pearce

Dr. Nicholas Pearce serves as an award-winning Clinical Associate Professor of Management & Organizations at Northwestern University's Kellogg School of Management and as the founder and chief executive officer of The Vocati Group, a global executive advisory services firm. He is a leading sc...

Brooke Vuckovic

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...

Dan McAdams

Dan P. McAdams is the Henry Wade Rogers Professor of Psychology and Professor of Human Development and Social Policy. Currently, he also serves as the Chair of the Psychology Department. Professor McAdams received his B.S. degree from Christ College, Valparaiso University in 1976, and his Ph.D. i...

Jennifer Pendergast

Jennifer M. Pendergast Ph.D is the inaugural John L. Ward Clinical Professor of Family Enterprise and Faculty Director, Center for Family Enterprises (KCFE) at Kellogg School of Management, Northwestern University. In this capacity, Jennifer guides the market leading executive education and MBA p...

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Leading for Impact Within Family Enterprise at Kellogg School of Management

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