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Family Business: Achieving Excellence in Ownership, Leadership, Governance and Responsibility
‘A good company delivers excellent products and services; a great one delivers excellent products and services and strives to make the world a better place.’
– Bill Ford Chairman, Ford Motor Company
Ever-increasing pressure on businesses to pursue and report on their Corporate Social Responsibility (‘CSR’) objectives in a transparent manner adds to the momentum – and range of potential opportunities in this area.
Clients, end customers and regulators are all increasing demands for responsible business practices, ethically sourced products, and insisting on assurances regarding the entire supply chain from their suppliers – even beyond the part they actually control. NGOs risk
As the negative impact of climate change accelerates, diversity and equality issues become more visible, and as workplace safety concerns rise, companies now face the need to manage, and report on, a series of both internal and external issues. Increasingly, measurable performance in these areas is being required in order to comply with Global Reporting Initiatives and International Financial Reporting Standards.
Internal issues include: product security and quality, workplace safety, gender and other forms of diversity, business system/supply chain, compliance, reporting and governance.
External Issues include: issues with an impact on the environment, local communities, especially in poor countries and emerging markets, food standards, obesity, fair trade standards, and industrial bodies setting and monitoring standards.
A range of options has emerged to subscribe and support specific goals promulgated and promoted by the United Nations (Sustainable Development Goals), the World Business Council for Sustainable Development and its support for the Circular Economy, various industry bodies such as palm oil, sugar and other commodity sector groups, and other such entities.
The availability of ‘green finance’ from banks and investment funds has increased the interest of some companies in this area as well.
Course Deliverables
Course Documents
Course Deliverables
CSR Matrix To download, right-click on the link above and select “Save link as…”
Common Framework To download, right-click on the link above and select “Save link as…”
Advantages and imperatives for family business owners and leaders
BUS1005: Strategic Possibilities for your Business
BUS1006: Strategic Options Evaluation
BOS10 – Management Principles
BOS11 – Maximising advantages of a family business
Being a Good Owner (as both active and passive owner)
WMA1103: Being a Good Owner of Family Wealth
BOS22 – Diagnostic Step 4 – Business Dynamics
BUS1003: Being a Good Director of Family Enterprises and Family Governance Structures
Successful Business Governance: Board, Chair and Committees; Aligning FamilyBusiness Board and Family Council
Effective Leadership and Team Development
GLS1003: Leadership of a Legacy Family
BUS1308: Implementation Step 7 – Leadership and Motivation
BUS1002: The Company Ecosystem
Strategic Transactions: IPOs and sale of the family business
BUS1004: Successful Listing (IPO) of a Family Business
Strategic Career Pathing for Family Members in the Family Business
Preparing for leadership succession and generational transition
Your Own Business: History, Challenges and Objectives
Analyzing the Business and Evaluating Options: Seven Steps
Designing an Effective Strategy: Seven Steps
Implementing Plans and Maximizing Value: Seven Steps
Preparing For Leadership Succession and Generational Transition
Working With External Advisors to Integrate both ‘Best Practices’ and ‘Next Practices’
Educating the Family in Business Strategy
Course Information
Estimated Time: 1 week. “It is essential for family leaders to have a long term strategy for their businesses at three levels: ownership, governance and management”
Family Business: Achieving Excellence in Ownership, Leadership, Governance and Responsibility
$1,250
8 months of access
Advantages and imperatives for family business owners and leaders
Strategic Career Pathing for Family Members in the Family Business
This section does not have any lessons.
Preparing for leadership succession and generational transition
This section does not have any lessons.
Your Own Business: History, Challenges and Objectives
This section does not have any lessons.
Analyzing the Business and Evaluating Options: Seven Steps
This section does not have any lessons.
Designing an Effective Strategy: Seven Steps
This section does not have any lessons.
Implementing Plans and Maximizing Value: Seven Steps
This section does not have any lessons.
Preparing For Leadership Succession and Generational Transition
This section does not have any lessons.
Working With External Advisors to Integrate both ‘Best Practices’ and ‘Next Practices’
This section does not have any lessons.
Educating the Family in Business Strategy
This section does not have any lessons.
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