Executive Development Programme in Governance for Family Businesses
-- ViewingNowThe 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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⢠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.
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