
Decision Making and Conflict Management in Family Firms
IIM Bangalore - Executive Education
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About Programme
This immersive executive education programme addresses the unique challenges of decision-making and conflict resolution in Indian family firms. Family businesses are the backbone of the Indian economy, driving innovation, employment, and long-term value creation. Yet, the very strengths that make family firms unique—deep-rooted values, close relationships, and legacy—can also pose challenges when navigating complex decisions and managing internal conflicts. This programme is designed to empower family business owners and owner-managers to unlock strategic growth opportunities by enhancing their decision-making capabilities and conflict management skills. Through a blend of practical frameworks and real-world case discussions, participants will learn how to align family and business strategies, foster a culture of open communication, and build organisational resilience. The programme will equip participants to proactively address challenges, seizenew growth avenues, and ensure their businesses are future-ready in a rapidly evolving marketplace.
Programme Objective
The course is designed with the following specific objectives and learning outcomes:
Pedagogy
Programme Audience
Family Business Owners: Founders (Patriarchs/Matriarchs) seeking to drive strategic growth and oversee transitions. Next-Gen Leaders: Heirs preparing for leadership roles in operating companies or family offices and preparing for greater decision-making responsibilities. Non-Family Executives: CEOs/CFOs managing family stakeholders in Indian enterprises and working closely with family stakeholders. Family Council Members: Those involved in governance or conflict resolution committees.
Programme Benefits
As a participant of this Short Duration Programme, you will be benefited by –
Actionable insights and frameworks Decision-Making Approach: Frameworks to align family and business strategies for sustained growth Governance Templates: Ready-to-adapt transparent and effective decision processes and templates for family councils and board committees Peer Network: Collaborate with 25+ Indian family business leaders and peer network facing similar challenges Faculty Access: Post programme consultation with IIM Bangalore faculty
Some of the exclusive benefits of attending this programme are listed below –
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Prashansa Uttam
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