Governing the Family Business
OVERVIEW
Governing the Family Business is a highly interactive and dynamic program designed to help accomplish goals of business success and sustainability. In this program, participants will learn to define and optimize the roles and responsibilities of owners, family members, independent board members, and the executive team as they face the unique set of challenges posed by family business governance. Explore ways of uniting and building trust to increase the board’s effectiveness and contribution. The role of non-management family shareholders will also be addressed. Taught by senior members of the Kellogg School of Management’s world-renowned faculty in conjunction with leading family governance experts who serve as directors of both family and non-family boards, this seminar shows participants how to harness diverse interests and foster a cooperative spirit.
KEY TOPICS:
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Governance and Challenges Facing Publicly and Privately Owned Family Firms
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Roles and Responsibilities of Owners, Family Councils, Board Chairs, and Boards
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Board Development and Evaluation
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Shareholder Loyalty, Voice, and Commitment
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Executive Decision Making
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Managing the Extended Family
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New Trends and Theories in Governance and Family Business Competitive Strategy
PROGRAM OBJECTIVES:
- Define the roles and responsibilities of owners, directors, board chairs, and the executive team
- Improve your board’s effectiveness
- Unite family owners for a long-term commitment to continuity
- Build clarity and trust among family owners, directors, and top management
- Maximize the competitive advantage of family businesses
FACULTY:
- John Ward, Academic Director; Clinical Professor of Family Enterprise; Co-Director of the Center for Family Enterprises, Kellogg School of Management.
- Ivan Lansberg, Co-founder and senior partner of Lansberg, Gersick & Associates LLC
- Victoria Husted Medvec, Adeline Barry Davee Associate Professor of Management and Organizations; Executive Director of the Center for Executive Women, Kellogg School of Management.
- Lloyd Shefsky, Clinical Professor of Managerial Economics and Decision Sciences; Co-Director of the Center for Family Enterprises, Kellogg School of Management
- Leigh Thompson,J. Jay Gerber Distinguished Professor of Dispute Resolution and Organizations; Executive Director of the Kellogg Teams and Groups Center; Director of the Behavioral Research Laboratory, Kellogg School of Management.
PROGRAM FEE
$7,700
CONTACT INFORMATION
Mail:
Kellogg School of Management
Executive Education
James L. Allen Center
2169 Campus Drive
Evanston, IL 60208-2800
Telephone: 847-467-7000
E-mail: ExecEd@kellogg.northwestern.edu
Website: www.kellogg.northwestern.edu/execed
