Leading the Family Business (LFB)

IMD Executive Education

How long?

  • 4 days
  • in person

IMD Executive Education

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Who should attend

Leading the Family Business (LFB) is for all members of family-owned business as well as senior non-family executives and board members. For ideal learning benefits, you are recommended to come as a team.

Read more about admission criteria for Leading the Family Business course

Your class will comprise a carefully selected group of business-owning families who share similar issues to yours. With IMD Business School’s rich expertise of over 30 years working with family businesses you will benefit from the most impactful learning both individually and as a group.

About the course

  • Navigate specific challenges and critical issues in your family business
  • Probe key issues facing family businesses: growth, governance, succession and culture
  • Benchmark best practices to broaden your understanding of successful family businesses
  • Get concrete take-home value to drive overall performance

Discover a safe confidential space to plan your family business succession

The Global Family Business Center at IMD Business School is a world-leading family business research and education center, focusing on the real issues that you face as a family business.

In a safe, confidential environment, you will expand your knowledge of successful family firms and better understand and navigate specific challenges and critical issues in your own family business.

Together we will probe the key issues facing all family businesses such as: growth, governance, conflict management, succession, and strategy.

Understanding family business issues

With over 30 years of rich experience working with family businesses, Leading the Family Business is the longest-running family business program in the world. The program actively helps you expand your knowledge of successful family firms and better understand and navigate specific challenges and critical issues in your own family business. You analyze your business today and reshape it for tomorrow.

Together we will probe the key issues facing all family businesses: growth, governance, conflict management, succession, and strategy.

Specifically, you will:

  • Learn strategies and governance structures to preserve and grow your family enterprise and wealth across generations
  • Implement mechanisms to optimize communication and strengthen team spirit among family members
  • Identify ways for family members, non-family managers and board members to become value creators
  • See how other families have organized themselves for long-term, enduring success
  • Generate ideas to drive your family enterprise into the future

How you learn

You learn through real-life case studies, active class discussions, group workshops, lessons learned family coaching sessions and networking activities. Classes are highly interactive and the discussions led by our faculty are relevant, meaningful and engaging. You have unparalleled opportunities to network, share, and benchmark with other family firms, all with similar dilemmas. Learn from each other and tap into IMD's long-standing history with some of the most successful family businesses in the world.

Your take-away

You will return to your family business with new ideas, action plans, and tools to help your business grow and succeed into the next generation and beyond.

2 different options to join LFB

Navigating Your Family Enterprise into the future (NFE) – 5 days

NFE is a specific program for enterprising families run as part of IMD's renowned Orchestrating Winning Performance (OWP) program, a transformational experience providing cutting-edge insights on the hottest management topics. Each morning you will attend the exclusive family business elective, following which you attend sessions with other OWP participants designed to inspire you and drive superior performance.

LFB – 4 days

LFB is an intensive and comprehensive stand-alone program focusing solely on the family business. It delves deeply into specific topics and includes targeted on coaching sessions to help you and your family address specific challenges you are facing.

Join IMD’s professional alumni network

Once you complete an IMD program, you join IMD’s alumni network, an outstanding global community of global business leaders who will support you long-term.

Experts

Didier Cossin

Professor Cossin is the founder and director of the IMD Global Board Center, the originator of the Four Pillars of Board Effectiveness methodology and an advocate of Stewardship. He is the author and co-author of books such as Inspiring Stewardship, book chapters (such as Governance Risk: A Guide...

Jennifer Jordan

Jennifer Jordan is a social psychologist and is Professor of Leadership and Organizational Behavior at IMD. Professor Jordan's teaching, research, and consulting focus on the areas of corporate and individual ethics, power, leadership, and negotiation. Professor Jordan has received specialized t...

Peter Vogel

Peter Vogel is Professor of Family Business and Entrepreneurship and holder of the Debiopharm Chair for Family Philanthropy at IMD Business School in Lausanne. In his research, teaching and advisory work, Peter works with family- & non-family enterprises globally on organizational regenerati...

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Leading the Family Business (LFB) at IMD Executive Education

From  10500 CHF$11,490

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

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