About the Centre

The Centre for Family Managed Business (FMB) offers the Family Managed Business Programme for young family business managers.

Sensing the need to impact management practices in family managed businesses SPJIMR pioneered the Family Managed Business Programme for young family business managers which is now in its 12th Year.

The Family Managed Business (FMB) Programme has a custom designed architecture reflecting the central theme of preparing the participant for leadership of his/her family business. The architecture adopted focuses on the objectives and pedagogy for fulfilling the theme.

The objectives are to:

Equip young family business managers with management concepts and techniques for meeting the distinct challenges in managing a successful, growing family business.

• Prepare the family member for developing a strategic and general management understanding of the business backed up with a global perspective.
  
• Inculcate in the family member the attributes of continuous learning and reflection which would enable him/her to keep abreast of the future.
  
• Develop a keen business interest in the external world beyond the family and the business.
  
• Understand and synergise the dual role played by a family member, as a member of the owner family, and as a business manager