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The course is designed to facilitate the all-round holistic development of the participant, which is a prerequisite for the dynamic global business scenario of the 21st century.
The programme primarily focuses on building the right knowledge, skills and attitude in the participant.
Program Objective
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 by 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 synergize the dual role played by a family member, as a member of the owner family, and as a business manager.
Cousre structure
The course is divided into three phases of six months each
| Phase 1 |
‘What IS a business’ – learning about basics of business |
| Phase 2 |
‘What is OUR business’ – understanding own business in its different dimensions. |
| Phase 3 |
‘What WILL be our business’ – working towards taking the business forward by applying the management insights learned during the programme. |
The course involves learning of all the management subjects that are involved in the above design. The stress is not so much on theory as on how to relate the theory to practical experience in the family business. The prime focus is the general management orientation with building capacity to be able to relate with functional specialists, and not on becoming a specialist of one function by oneself.
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