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Family Enterprise Boards
Navigating unique governance challenges
The director plays a pivotal role in effectively guiding family owned businesses. This program from leading family business experts goes in-depth on the issues that affect current and emerging board members, such as managing the board’s strategic, fiduciary and communication functions.
Through interactive lectures with leading Kellogg faculty, in-depth case studies and panels with experienced family and independent directors, participants will emerge with a well-rounded skill set to effectively manage the essential functions of aligning the board’s work with the values and long-term growth of family-owned businesses.
Groups are encouraged but NOT REQUIRED. No more than 5 participants per family enterprise are permitted to attend at one time. Requests for groups of more than five in a single session must be approved by the program’s Academic Director. Please direct your inquiry to the John L. Ward Center for Family Enterprises at c-bath@kellogg.northwestern.edu.
VIDEO: Academic Director Matt Allen discusses Family Enterprise Boards.
Family Enterprise Programs
The Family Enterprise suite of programs is a blend of three different learning modes designed to maximize both convenience and impact:
- Pre-Program - Participant Profiles: Establish bonds before your learning begins, aided by a custom participant profile book.
- Interactive Live Virtual Session: A half-day live virtual session before the in-person portion begins establishes a a foundation for the rest of the program.
- In-Person: An immersive experience where you are encouraged to unplug from work in a university learning environment. Forge deep connections to a global network of peers and engage with faculty formally and informally. Program sessions, meals and supplemental and social activities are face-to-face, giving you the opportunity to focus completely on learning and growth.
Family Enterprise Suite
Address the unique challenges of running a family business
Who Should Attend
- Current family and non-family board directors, trustees and chairs of family-controlled firms
- Family members developing themselves for future roles as board members in their enterprise
- Family and non-family executives who interact with or who will soon be appointed to the board
Download Past Participant Profile
Key Benefits
- Define the board's role in understanding family business strategy
- Explore the differences in board decisions for a family enterprise
- Understand the unique challenges of selecting family and non-family directors
- Learn to effectively link the board with the family
Program Content
- Role of the Board in understanding family business strategy
- What is different about a Board decision for a family enterprise
- Selecting family for Board roles
- Linking the Board with the family
- Board room etiquette and effectiveness
- Different models of the Board’s role in governance
- Board best practices in family enterprises
Faculty
Matt Allen - Executive Director of the John L. Ward Center for Family Enterprises and John L. Ward Clinical Professor in Family Enterprise
Jennifer Pendergast - Co-Academic Director; Adjunct Professor of John L. Ward Center for Family Enterprises and Adjunct Professor of Kellogg Executive Education
Devin DeCiantis - Adjunct Lecturer in the Center for Family Enterprises
Timothy Feddersen - Wendell Hobbs Professor of Managerial Politics; Professor of Managerial; Economics & Decision Sciences; Chair of Personnel Committee
Mitchell A. Petersen - Glen Vasel Professor of Finance; Director of the Heizer Center for Private Equity and Venture Capital
Edward Zajac - James F. Bere Professor of Management & Organizations
What Participants Say
“The family enterprise boards course is a wonderful 4 days of learning from great teachers and your colleagues in the classroom. A time to think and reflect of a subject extremely important to all family business.”
Chairman of the Board, Carvajal S.A.
“I highly recommend this course for all family directors and potential family directors to get exposure to best professors and learn directly from other family business all along the continuum of generations, competitions, ownership structures and size.”
Shareholder, Board Member, Bemis Manufacturing Company
“This program has covered a great variety of items and issues that family business deal with. The interaction with the other students was an experience that wouldn't have been possibly otherwise, and the classes were very thought provoking. I don't know how anyone could leave without a list of items to take home to work on with their family, board, and business.”
Potential Board Member, Family Council, International Dehydrated Foods, Inc.
Featured Videos
2025 Session
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October 28 & November 3 - 7, 2025 Start: October 28 at 8:00 AM End: November 7 at 11:45 AM
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. |
$13,000 Fee includes lodging and most meals |
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Governing Family Enterprises
Governance