One-third of the S&P 500 and approximately 80% of the world’s businesses are family businesses. Many students will lead successful careers in or with family businesses. Careers in investment banking, wealth management, consulting and management all depend to some extent on family businesses. This course promotes the continuity of successful family businesses and provides the knowledge necessary to support those families for whom continuity of family in business is a strategic objective. The best practices examined provide a road map to enable the family business to avoid the universal “shirt sleeves to shirt sleeves in three generations” proverb.
The course investigates the unique characteristics that allow family businesses to create inimitable competitive advantages that result in their outperformance of non-family businesses. The issues and risks which lie at the intersection of ownership, control, and management of family businesses and the practices necessary to ensure effective optimization of all of the family business subsystems for the long-term benefit of the family business will be explored.
The experiences of many families will be brought to bear on issues of family control, non-family management, next-generation talent and development, estate and tax planning, wealth management concerns, philanthropy and family business financing.
Course Objectives:
? Understand the qualities which typify family businesses;
? Appreciate family businesses’ unique capacities and potential for superior returns;
? Understand developmental needs of family members at various stages of the businesses;
? Develop the management and communication skills to build trust and understanding;
? Identify and cope with foreseeable obstacles to continuity of a family business.
? Understand and appreciate the Opportunities and Challenges in succession plans
? Understand and appreciate Opportunities and Challenges in sourcing of finances for family business
Bangalore Central Campus
The Office of Admissions,
CHRIST (Deemed to be University), Hosur Road,
Bengaluru - 560 029, Karnataka, INDIA
Ph. No: +91 92430 80800
Ph. No: +91 80 4012 9400
Email IDs
Indian candidates: admissions@christuniversity.in
NRI candidates: nri.admission@christuniversity.in
International: isc.admission@christuniversity.in
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Bangalore Bannerghatta Road Campus
CHRIST (Deemed to be University) Hulimavu, Bannerghatta Road, Bengaluru - 560 076, Karnataka, INDIA Ph. No: 080 4655 1306
Email: admissions.bgr@christuniversity.in |
Bangalore Kengeri Campus
CHRIST (Deemed to be University)
Kanmanike, Kumbalgodu, Mysore Road, Bengaluru - 560 074, Karnataka, INDIA
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Bangalore Yeshwanthpur Campus
CHRIST (Deemed to be University)
Nagasandra, Near Tumkur Road,
Bengaluru 560 073, Karnataka, INDIA |
Delhi NCR Campus
CHRIST (Deemed to be University),
Mariam Nagar, Meerut Road,
Delhi NCR Ghaziabad - 201003
Ph. No: 1800-123-3212
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Pune Lavasa Campus
CHRIST (Deemed to be University),
Christ University Road, 30 Valor Court,
PO Dasve Lavasa, Mulshi, Pune - 412112, Maharashtra
Ph. No : 1800-123-2009,
Email: admission.lavasa@christuniversity.in |
Dharmaram College Post, Hosur Road, Bengaluru - 560029,
Karnataka, India
Tel: +91 804012 9100 / 9600
Fax: 40129000
Email: mail@christuniversity.in
Web: http://www. christuniversity.in
EXCELLENCE AND SERVICE
CHRIST (Deemed to be University) is a nurturing ground for an individual's holistic development to make effective contribution to the society in a dynamic environment.