Indian Institute of Management Lucknow

Leading Family Enterprises: Managing Growth and Transformation

Indian Institute of Management Lucknow

General Management
Partner Institution

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About Programme

Research indicates success of most family businesses erodes within three generations. However, there are some exceptional family enterprises which continue to prosper and grow. The key reason behind their success is their agility in adapting to changing business environment, adopting best practices, establishing professional routines, and being able to strike a balance between the goals of the family and the goals of the business. As family businesses are transitioning to new generation of leaders, the success and continuity of the business depends on effective leadership at the top, best business practices being implemented at different value creating units of the organization, continued oneness among the family members, and a trust-based relationship between the owners and managers.

Programme Content

Aligning family’s Purpose, Vision, and Culture with the Business Strategy

Building Functional Capabilities for Competitive Advantage Strategies for Growth

Implementation and Monitoring of Strategy

Strategic Leadership and Managing Family Unity

Managing Family Business Conflict and Business Governance Generational Transition and Succession Planning

New-age Best Practices for Managing Family Business

Programme Objective

This program designed by experts for family business leaders, focusing on how can they manage the business goals, family goals, and personal goals present in such complex maze of family businesses and establish a balance between family and business obligations. This program aims to facilitate the family business leaders in mastering the skills and concepts required to sail through the rough weathers of their business.

Pedagogy

This short duration program aims:

To sensitize participants about the contemporary regulatory and jurisprudence frameworks in India.

Offer practical perspectives on some of the regulatory frameworks and processes in India.

Introduce the application of analytics in labor law to the participants.

Programme Audience

CMD, CEO (or any present or future other CXO roles), Senior Management Executives (GM, SVP, VP roles) in roles of managing corporate and business strategy, or expected to work in such roles in near future in family businesses.

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

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Leading Family Enterprises: Managing Growth and Transformation | IIM Lucknow