Working effectively with family members requires creative collaboration and an understanding
of the unique aspects of this complex system. Although not all future executives
are sons or daughters of company owners, nearly all are touched by the family-business
dynamic. This session addresses a variety of topics, such as business adaptation
and succession strategies.
Career development and succession planning
Career development and succession planning is tough in any organization but can
be especially challenging in a family business. You'll identify alternatives to
a "sink or swim" approach to leadership development. You'll examine pressures on
the senior and junior generations and learn ways to help family and non-family managers
address the challenges of transitioning leadership from one generation to the next.
Governance for family business complexities
Most family businesses become more complicated as they grow. Over time, the business
environment becomes tougher, the ownership group becomes larger and the family becomes
more complex. How do successful next-generation leaders address these multiple challenges?
You'll examine systems and structures that exemplary families put in place to foster
unity, communication and ultimate success across the generations.