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About the course
All organisations today face unprecedented challenges in terms of social, regulatory and environmental concerns. Family businesses are no different, and yet are in the unique position of being able to 'reinterpret' their traditional values to respond to these demands with agility and flexibility.
Soon family businesses will have up to four generations managing their organisations. Key issues around strategy and direction will come from different perspectives, with varied priorities. This programme will future-proof these challenges by viewing these issues through the prism of the circular economy. Whilst being firmly set within a practical context of governance, tax planning and wealth management, there will also be the opportunity to reflect on succession and engagement as the generations build a tailored approach together.
The programme draws upon the leading-edge research of Dr Khaled Soufani, Director of the Circular Economy Centre (CEC) at Cambridge Judge Business School, in conjunction with Iraj Ispahani of Ispahani Advisory and Philip Marcovici of the Offices of Philip Marcovici.
Topics to be covered will include:
- Family Businesses and the Circular Economy
- Developing a Strategic Growth Mindset
- Navigating the New Innovation Landscape
- Organisational Behaviour and the Family Business
- Family Governance
- Leadership in Families and Family Businesses
- Building Effective Teams
- International Taxation and the Needs of Wealth and Business Owners in the Coming Decades
- Alternative Finance
- The Structures Families Use
- Reconciling the Past and Future of Your Family Business
The Circular Economy and Family Business
The concept of the circular economy focusses on enabling a more sustainable model for growth and competitiveness. This overlay to the topics covered will provide a unique opportunity to explore this in the context of families, family business and family wealth.
Led by Dr Khal Soufani, the Academic Programme Director and the Director of the Cambridge Judge Circular Economy Centre, the faculty deliver an innovative and valuable approach to show how family businesses can do things in innovative ways, bringing new opportunities for growth, sustainability, excitement, engagement and longevity.
This programme outlines the opportunities and benefits of a circular approach in a much wider context than is normally considered.
Participants will have the opportunity to select and follow several supplementary 'interest streams' of their choice. Based on the theme of the 'Circular Economy and the Family', these include:
- Learning from others: methodologies of successful businesses
- Understanding conflicts of interests and political change: protecting family interests through a different way of engaging with advisors and with governments
- Community focus: why supporting our communities works for families and family businesses
Who should attend
This programme is aimed at family members, affording a safe environment for sharing and learning from peers.
- Owners of family businesses and next generation family business owners
- Owners of family passive assets
- Key principals within family offices
In particular we encourage multiple generations of family members to attend together. Participants will have all completed their education and started their professional career.
Application for the programme is taken very seriously. The applications are reviewed with care to ensure the group is homogeneous in terms of objectives and experience. We endeavour to revert to each applicant within 48 hours (over a working week).
Trust the experts
Margaret Thatcher Professor of Enterprise Studies in Innovation & Growth Director of the Entrepreneurship Centre Diploma (National Technical University of Athens), MSc, PhD (INSEAD) Research interests The effectiveness of new product development (NPD) decisions with a particular focus on...
University Senior Lecturer in Strategy Fellow of Magdalene College European Masters in Management (ESCP Europe - formerly EAP), DEA (Université Paris X Nanterre), MA (University of Cambridge), PhD (HEC, France) Research interests Strategy, decision-making and performance in creative, arts an...
Director of Cambridge Judge Business School Professor of Management Studies Dipl.-Wirtsch.-Ing. (Darmstadt Institute of Technology), MBA (University of Tennessee, Knoxville), PhD (Stanford Graduate School of Business) Research interests How organisations make innovation happen; this includ...
Reader in Organisational Behaviour Director of the Management Studies Tripos BSc, MSc (Giessen University), PhD (Aston University) Research interests Effective intergroup relations; organisational creativity; teamwork. Subject group: Organisational Theory & Information Systems Professi...
Senior Faculty in Management Practice Director of the Executive MBA Programme Director of the Circular Economy Centre (CEC) Director of the Middle East Research Centre Fellow of Clare Hall College PhD (University of Nottingham) Research interests Corporate finance; financial and managerial str...
Mark De Rond
Professor of Organisational Ethnography Fellow of Darwin College DPhil (University of Oxford) Research interests Studying people by living with them under similar conditions so as to better understand how they experience, and develop meaningful relations to, the world as it happens. Mark''s...
I'm an economic sociologist and the Executive Director of the Cambridge Centre for Alternative Finance, where I am responsible for leading a team of researchers studying the evolution of alternative financial instruments & online channels, alternative investment & credit analytics using n...
Iraj Ispahani is CEO of Ispahani Advisory Ltd and based in London.He is a Director and Board Member of MM Ispahani Ltd a 195 year old family business headquartered in Bangladesh. His area of responsibility is corporate development. Previously Mr Ispahani was a Senior Client Partner and Global H...
Philip Marcovici is retired from the practice of law and consults with governments, financial institutions and global families in relation to tax, wealth management and other matters. Philip is on the boards of several entities within the wealth management industry, as well as of entities within...
Responsible Family Business & Wealth Ownership - De-Risking Family Businesses
Responsible Family Business & Wealth Ownership - What participants can expect from the programme
Responsible Family Business & Wealth Ownership - Why the Programme is different