Managing the Family Business: Keeping the Legacy Alive

COURSE OVERVIEW

While inheriting a family business can be seen as a privilege, in today’s fast-paced world, mostly it is a challenge. Economy, technology and competition continue to affect the quest for maintaining the business’s relevance. The present generation has the enormous responsibility to honor their predecessor’s hard work and to ensure the future of generations to follow.   Managing family business stakeholders effectively through a solid family governance system is the primordial element of a successful family business. In the Philippines, 75% of businesses are family-owned. This underscores the high demand for helpful information to ensure the success of a family business from one generation to the next.  

This seminar aims to help business founder, owner, director, family business member, and other relevant stakeholders in managing the family business through an understanding of corporate family governance institution systems. Furthermore, they will be introduced to the impact, uses and scope of a Family  Constitution and Succession Planning, which are crucial focal points to the continued existence of the family corporation for the next generation.    


COURSE OUTLINE

1. The Distinctiveness of Family Firms

  • Strengths and weaknesses
  • Understanding Family Dynamics     

2. Stages of Growth in a Family Business

  • The Founder, Sibling Partnership and Cousin Confederation    

3. Family Member Roles in the Governance of Business

  • Challenges encountered, and striking the right balance in a family business    

4. Family Governance: The Family Constitution

  • Purpose
  • Common Issues
  • Guiding Principles
  • Basic Ingredients      

5. Family Governance: Institution Systems

  • Family Assembly
  • Family Council
  • Advisory Board
  • Board of Directors    

6. Founder’s Dilemma

  • Basic Guidelines to Family Business Succession
  • Case studies on grooming the Successor  

7. Going Public: Advantages and Disadvantages  
8. Professionalizing the Family Business

Early Bird SME Rate

( For Small and Medium Enterprises, please use this code: DAY8SME2019. UNTIL MAY 7 ONLY )

Regular SME Rate

( For Small and Medium Enterprises, please use this code: DAY8SME2019 )

Early Bird Non-SME Rate

( Large Companies- your 1000 will subsidize the fees of SMEs and losing companies.UNTIL MAY 7 ONLY. )

Regular Non-SME Rate

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REGISTRATION
Closing Date

2,888.00

3,888.00

3,888.00

4,888.00

Deadline :
May 14, 2019