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
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
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
- 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
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
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.
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.
- 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.
Stephen R. BrenesAcademic director
He specializes in the areas of Strategy and Entrepreneurship and was Dean of INCAE Business School from 2001 to 2007. He currently leads the Steve Aronson Chair of Strategy and Agribusiness and is the Academic Director of the Executive MBA (EMBA) and the Senior Management Program.
Wesley D SineTeacher
Cornell SC Johnson College of Business Professor. His research focuses on the emergence of new economic sectors and entrepreneurship, in the United States, Latin America and the Middle East. It explores issues related to institutional change, industry and technology evolution, technology entrepreneurship, and the new risk structure and strategy.
Daniel G. van der VlietTeacher
Executive Director of John and Dyan Smith Family Businesses at Cornell University. Founded in 2014, the Smith Family Business Initiative is located at the Cornell College of Business and provides education, networking, and research for family business owners, successors, and students around the world. Previously, as Director of the Family Business Initiative @ UVM from 2003 to 2014, Dann worked with the owners and their successors to find solutions that work for both the family and the business.
Julia Tellez RocaTeacher
Master in Family Business Management from the Instituto de Empresa, graduate in Law and Diploma in Business Sciences from the Universidad Pontificia de Comillas (ICADE), diploma in Business Strategy from the European Club. He has taken various specialization courses in insurance, international taxation (ICADE), international arbitration (CCI Paris), product liability (Brussels), family businesses (3 Special Management Programs with John Davis, from Harvard and 2 from the Family Firm Institute, in London and Miami, respectively) and certified counselor by the Institute of Directors and Administrators (IC-A) in Good Corporate Governance.
Roberto F SimanTeacherConsultant in international corporate development, expert in governance processes, organizational culture and family businesses. He has more than four decades of experience as a strategic planner, developer and implementer of programs in the private sector in more than 10 countries in North America and Latin America, holding positions on boards of directors and leadership positions ...
Veronica MaldonadoTeacherVeronica understands the differences between administration, ownership and management as she has experienced them over the last 20 years. She knows what it means to build, lose and reconfigure the business and the family legacy. Growing up as part of the fourth generation of a family that impacted the agricultural and industrial sectors of Venezuela, Veronica developed a...
Wells Fargo Professor of Family Business, Professor of Management and Entrepreneurship, and former Executive Director of the Cox Family Enterprise Center at Coles College of Business, Kennesaw State University. He has received numerous awards for his research and service from family business, entrepreneurship, management, and research-oriented partnerships, including awards from the Family Firm Institute and Family Business Network International.
- 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
- 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