Family Business Institutionalization Training

About the Training

Family Business Institutionalization Training teaches how to establish the necessary corporate structures and processes for sustainable growth and long-term success in family businesses. This training focuses on professionalizing management structures, adopting corporate governance principles, and managing intergenerational transitions. Participants will learn about the unique challenges faced by family businesses and strategic solutions to overcome them, laying a solid foundation for the company’s future.

The training emphasizes effective leadership and communication. Participants will learn how to establish open communication channels among family members and manage conflicts in a healthy manner. This knowledge helps strengthen family relationships and improves the management of business processes. Additionally, participants will gain in-depth knowledge about succession planning and talent management, ensuring that the company’s future leadership and management needs are met.

Family Business Institutionalization Training also highlights the importance of corporate culture. This understanding helps employees align more closely with the company’s vision and values, boosting their motivation. The training further focuses on strategic planning and risk management, preparing the company to better respond to market changes and potential crises.

In conclusion, Family Business Institutionalization Training provides participants with a comprehensive program to institutionalize and sustainably manage family businesses. By the end of the training, participants will have the necessary skills and knowledge to shape the future of family businesses. These skills will greatly contribute to their professional development and the success of their family businesses. This training is suitable for family business owners, managers, and future leaders.

What Will You Learn?

Foundations of Institutionalization: The importance of institutionalization in family businesses and its fundamental principles. Corporate Governance: Establishing an effective corporate governance structure, the role and functions of boards of directors. Strategic Planning: Developing long-term strategic plans, defining the mission and vision.Leadership and Generational Transition: Leadership development, succession planning, and creating a family constitution. Risk Management and Sustainability: Risk management, crisis management, and sustainability strategies in family businesses. Balancing Family and Business: Professionally managing family and business relationships, resolving conflicts. Corporate Culture and Values: Developing corporate culture, preserving family values, and integrating them into the business.

Prerequisites

  • Family business and corporate governance fundamentals.
  • Leadership and management skills.
  • Business strategy and planning abilities.
  • Mastery of corporate governance and ethical principles.
  • Intergenerational communication and succession planning skills.

Who Should Attend?

  • Family business owners, family members, and senior executives.
  • Managers and consultants tasked with overseeing the institutionalization process.
  • Individuals involved in or planning generational succession within family businesses.
  • Professionals interested in the sustainability and professionalization of family businesses.

Outline

  • Foundations of Institutionalization and Corporate Governance
  • Strategic Planning and Leadership Development
  • Succession Planning and Family Constitution
  • Risk Management, Corporate Culture, and Family-Work Balance

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