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.
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.
This program is offered in a live virtual format. Our live virtual programs are built to deliver a rich experience that’s comparable to our in-person programs. You will have the opportunity to engage with our faculty and your peers in live discussions and lecture sessions. You will come away with the tools to navigate and succeed in the new business landscape.
Learn more about the Family Enterprise Suite with this one-hour long information session.
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
Defining Roles and Responsibilities
Board Development and Evaluation
Jennifer Pendergast - Academic Director; John L. Ward Clinical Professor of Family Enterprise and Executive Director of the John L. Ward Center for Family Enterprises
Ivan Lansberg - Academic Director; Adjunct Professor, John L. Ward Center for Family Enterprises Executive Education Programs
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
“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
Address the unique challenges of running a family business
April 12-30, 2021 Start: April 12 at 8:00 AM End: April 30 at 11:45 AM
|
$8,750 |
|
October 3-7, 2021 Start: October 3 at 1:00 PM End: October 7 at 12:30 PM
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. |
$11,750 Fee includes lodging and most meals |