Governing Family Enterprises: Enhance Your Board’s Effectiveness

New governance insights and skills for all involved in the family business

Explore the specialized knowledge and skills unique to family business management and governing a complex family enterprise effectively. In a collaborative, supportive environment alongside representatives of other enterprising families facing similar issues, you and your family and board members can tackle together the complex issues of continuity and governance.

Guided by a faculty of experts in family business practice, seasoned advisors and directors of best-in-class family enterprises, you will learn to differentiate the roles and responsibilities of owners, family members (whether involved in management or not), independent directors and executives. As you work through real-world studies with peers from other respected families, you will develop new governance and leadership mindsets and gain confidence in your ability to apply them in practice. You will also see how a common vision can unite family owners in a long-term commitment to continuity.

Kellogg Executive
Leadership Institute

John L. Ward / Academic Director

SAVE THIS PROGRAM

Who Should Attend

  • Family and non-family directors, CEOs, board chairs, and trustees of family-controlled firms
  • Family members involved in governing their family councils, family office or their family foundations
  • Family shareholders

Key Benefits

  • Define the roles and responsibilities of owners, directors, board chairs, the executive team and the family council
  • Improve your board’s effectiveness
  • Learn about critical governance policies needed to sustain the relationship between the enterprise and the family
  • Learn how a common vision can unite family owners in a long-term commitment to continuity
  • Learn how governance can be used to gain trust among family owners, directors and top management
  • Leverage governance as a key competitive advantage of family business

Program Content

The program will focus on the roles of the board chair, independent directors, family council leadership, and non-family top management. Successful and innovative models of organizational design will be shared.

Governance Challenges Facing the Family Business

  • Develop a theory of family business governance
  • Explore how shareholder families evolve
  • Design an appropriate, optimal governance structure for your enterprise
  • Learn how governance structures and policies interact to elicit constructive shareholder engagement and organizational effectiveness
  • Acquire skills needed to lead effectively the processes of governance
  • Confront the contradictions and paradoxes of governance

Defining Roles and Responsibilities

  • Understand the roles of owners and the responsibilities of family councils, boards and executive management
  • Learn how best to make a team out of your Board, your family council and of other governance committees
  • Differentiate ruling from governing
  • Manage the extended family
  • Enhance shareholder loyalty, voice and commitment

Board Development and Evaluation

  • Improve board decision making
  • Build high-functioning board and family council teams
  • Maximize board and family leadership effectiveness
  • Learn how boards can add distinct value

Faculty

Justin Craig - Academic Director; Clinical Professor of Family Enterprise; Co-Director of the Center for Family Enterprises

Ivan Lansberg - Academic Director; Adjunct Professor of Family Enterprise; Academic Director of the Center for Family Enterprises

John Ward - Academic Director; Clinical Professor of Family Enterprise; Co-Director of the Center for Family Enterprises

Victoria Medvec - Adeline Barry Davee Professor of Management & Organizations; Executive Director of the Center for Executive Women

Leigh Thompson - J. Jay Gerber Professor of Dispute Resolution & Organizations; Professor of Management & Organizations; Director of Kellogg Team and Group Research Center; Professor of Psychology, Weinberg College of Arts & Sciences (Courtesy)

What Participants Say

“The program is very well structured and organized. It offers many new ideas about family governance structures. The quality of the faculty is excellent. It is a great opportunity to share and exchange points of view with other family companies.”
Chairman, Agrolimen, Spain

“Your program was the most meaningful and beneficial experience I have ever had - and not just in the realm of family business, either. From the breadth and depth of the material covered, to the outstanding group of participants involved, to the structure of the program that maximized the efficiency of every second we were there, it was simply fantastic!”
Shareholder, Pella Corporation, U.S.A.

“I want to express my strong feelings of satisfaction for the high quality of the seminar on Family Business we just attended. Even our highest expectations were exceeded.”
Board Vice-President, Grupo Gerdau, Brazil

Personal Consultation

Please email or call us if you would like a personal consultation

Upcoming Sessions

March 5-9, 2017

Start: March 5 at 2:00 PM

End: March 9 at 12:30 PM

LOCATION: Evanston campus

This Approval Program is limited to individuals with specific business experience. All applications will be subject to review and approval from the program’s Academic Director.

$11,000

Fee includes lodging and most meals

SESSION FULL

October 8-12, 2017

Start: October 8 at 2:00 PM

End: October 12 at 12:30 PM

LOCATION: Evanston campus

This Approval Program is limited to individuals with specific business experience. All applications will be subject to review and approval from the program’s Academic Director.

$11,000

Fee includes lodging and most meals

Kellogg School of Management

James L. Allen Center
2169 Campus Drive, Evanston, IL 60208
Directions
847.467.6018