Leading Family Enterprises

Practical approaches to the complex challenges of the family company

As an aspiring family enterprise leader, you’ll discover how to establish your credibility and authority in the community, among family shareholders, with the board and management team while respecting the legacy of the forbearers. 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 strike an optimal balance between family and work obligations that allows for sustainable self-renewal.

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 coaching, you’ll leave better able to meet the personal, familial and organizational challenges of your dynamic enterprise.

Kellogg Executive
Leadership Institute

Ivan Lansberg / Academic Director

SAVE THIS PROGRAM

Who Should Attend

If you are an emerging leader of an enterprising family who is, or aspires to be, in a position of influence in either the family or the enterprise or an established leader eager to reflect on your trajectory so far, this program is designed for you. Board Chairs, CEOs or CEO candidates, Family Council Chairs, Family Foundation Chairs, Family Office Heads, Family Directors, or Trustees (whether from the family or not) are all encouraged to apply.

Key Benefits

  • Articulate a detailed vision for the future of the family, the enterprise, and for your own aspiring leadership role
  • Learn to communicate your vision and imbue it with the significance and purpose needed to engage your family and your employees
  • Assess your leadership style using feedback from those you currently collaborate with and create a personal action plan with one-on-one coaching
  • Understand the fundamental importance of emotional intelligence for successfully leading in senior roles
  • Learn innovative ways to lead by articulating your personal philosophy of leadership and weaving it to the culture of the family enterprise and its long-term strategy
  • 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, your juniors and your 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 how 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 how 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 laedership story that your followers can follow
  • Learn how 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 how to translate a dream 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 office
  • Explore the viability of your plan with your peers
  • Set an implementation plan that considers the ownership, the family and the enterprise
  • Learn how best to translate the ideas from the program to the unique circumstances of your family enterprise

Special Features:
To extend and deepen the impact of your experience, the faculty has created a customized component which 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 a pre-program teleconference, coaching sessions during the program and three post-program coaching sessions by phone or video conference.

Faculty

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

Brooke Vuckovic - Academic Director; Adjunct Lecturer of Leadership Coaching

Michelle L. Buck - Clinical Professor of Management and Organizations; Director, Leadership Initiatives, Kellogg School of Management

Harry M. Kraemer - Clinical Professor of Strategy

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

What Participants Say

“The program was outstanding. I am leaving here with much more than I came here with: knowledge, confidence, and clarity. It is what I need to focus on in order to help my family and our business realize our vision”."
Owner, Racetrac Petroleum, USA

“This is an excellent program for all current/future leaders in family businesses. The sessions are both reflective and educational and the networking potential is invaluable.”
President, WR Companies, USA

“Leading Family Enterprises should be a requirement for any member of a family firm. It doesn’t matter what type of role you are in: shareholder, executive, or family member.”
CEO, HIVIMAR, Ecuador

Personal Consultation

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

Upcoming Sessions

May 7-11, 2017

Start: May 7 at 1:00 PM

End: May 11 at 3:30 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.

$10,200

Fee includes lodging and most meals

Kellogg School of Management

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