Executive Development Programme in Governance for Family Businesses
-- viewing nowThe Executive Development Programme in Governance for Family Businesses certificate course is a comprehensive program designed to empower individuals with the necessary skills to manage and lead family businesses effectively. This course highlights the importance of good governance in ensuring the long-term success and sustainability of family businesses.
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Course Details
• Family Business Governance: Understanding the importance of governance in family businesses, the role of a board, and the differences between family and non-family boards.
• Family Constitution: Creating a family constitution to establish guidelines for family members' involvement in the business, management succession, and conflict resolution.
• Board Composition and Roles: Identifying and selecting board members, understanding their roles and responsibilities, and establishing effective board committees.
• Strategic Planning: Developing long-term strategic plans, setting goals and objectives, and monitoring progress.
• Risk Management: Identifying and assessing potential risks, implementing risk management strategies, and ensuring compliance with legal and regulatory requirements.
• Family Business Dynamics: Understanding the unique dynamics of family businesses, including communication, decision-making, and conflict resolution.
• Leadership Development: Developing the leadership skills of family members and non-family executives, identifying future leaders, and establishing succession plans.
• Financial Management: Managing financial resources, creating budgets, and ensuring financial sustainability.
• Stakeholder Engagement: Engaging with stakeholders, including family members, employees, customers, and the broader community, and building positive relationships.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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