Open Programs
Family Business
Category
Intense global competition, market behavior and the incursion of multinational companies require that today's family business develop truly relevant competitive advantages. This valuable program builds on the track record of two world-class institutions to deliver an experience of the highest level. Double certification INCAE Business School and Cornell SC Johnson College of Business.
This program is taught jointly by Cornell University, an elite within the Ivy League, through Cornell SC Johnson College of Business, and INCAE Business School, a leader in Latin America. The union of both business schools allows to learn first-hand from professors who know very well both Latin America and the rest of the world. In addition, you will have the opportunity to share with many business families from different countries in the region and thus complement the learning with the experiences of the participants.
Introduction to Family Business
Content:
Opportunities and challenges of the family business
- Family business, effective leadership; communications, definitions and clarity of roles.
Anticipating conflict in the family business
- Understanding the structures of the family business, change management, and family protocol.
Succession, Governance and Entrepreneurship in Family Businesses
Content:
Preparing the Next Generation and Succession Planning
- Tools for governance, boards of directors and corporate structure.
Understanding entrepreneurship and growth in the family business
- How can we develop entrepreneurship among family members?
Governance and Boards of Directors
Content:
- Effectiveness of the board of directors and the continuity plan
- Scenarios for Boards of Directors. How can governance be a source of competitive advantage? Cultural differences and global competencies. Board simulations.
Writing the Family Protocol and next steps
Content:
The Family Protocol
- Content of the Family Protocol
- Individual support from the Faculty to all participants and / or family group that attends the program
Family Business Experiences
Content:
We will have the opportunity to have the experience of family business executives who have worked with their own family and also for other families. This will allow us to have a much broader vision on the issues of managerial succession in the family business.
Synthesis, conclusions and next steps
- Questions, Answers
* Includes tuition, teaching materials and certificate of participation.
* The investment amount does not include taxes or commissions.
* INCAE reserves the right to make changes without prior notice.
* Your information is confidential.
Methodology
During these four weeks of learning, the program will provide innovative approaches and modern management techniques for managers and owners of family companies so that they have effective tools for growth and continuity of the family business.
Participant profile
- Owners and members of family businesses.
- Members of different families who share ownership of the same company or business group, regardless of whether or not they participate in its administration.
- Senior managers of family businesses.
- Executives of the family business (family and non-family).
- Professionals and consultants who, due to their activity, must be related to this type of company.
Upcoming events
Tips to study and work at the same time- chat with students
Our teachers
Upcoming events
Tips to study and work at the same time- chat with students
Objectives
- Understand family businesses, their challenges and opportunities
- Anticipate family conflict and successfully handle succession planning
- Understand the options to promote entrepreneurship in the family business
- Understand the fundamental tools for the development of the Family Protocol.
- Understand the key success factors of the family business model and its corporate governance.
- Role of the family office
Services
- Establish a networking network of the highest level made up of leaders of the region
- Strengthen the success of your family business through the development of new growth strategies
- Get a deeper global vision with the support of teachers and leaders with great experience in the area