About AMPs for FMB owners

SPJIMR’s Advanced Management Programmes for Family Business Owners have been designed for owners of family businesses who are specifically looking for a short-term programme covering a particular aspect of the business.

It provides hands-on practical application to the owners of family-managed businesses on problems they face in their day-to-day business lives. It also helps them plan for the future of their family and family businesses.

Programme modules

Module I

Rebuilding to grow again: Conducting diagnosis and finding organisational remedies

Programme objectives

  • In the context of the evolving megatrends in the new world of business, identify key focus areas which will remain the priority business segments for your firm.
  • Understand the strengths and weaknesses of your firm to cope with the new world of work, and realign business processes.
  • Learn from a cohort of peers on potential solutions that may help plug the gaps and kick-start growth in a specific area.

Learning outcomes

  • Understand the key megatrends in your sector.
  • Business segmentation and revenue prioritisation.
  • Complete an organisation health study.

Programme facilitator

Dr. Rahul Mirchandani
Chairman and Managing Director, Aries Agro Ltd.

Module II

Financial strategy for business – reading beyond numbers

Programme objectives

  • To interpret corporate structure, ownership, and control issues in corporate business.
  • To understand strategic financial architecture – Key value drivers, key management ratios, strategic understanding of P&L, balance sheet, fund flow and free cash flow, leverage, and key metrics for fundraising.
  • To appreciate inorganic growth strategy through strategic investments, JVs, private equity partnerships, mergers, and acquisitions.

Learning outcomes

  • Developing a deeper appreciation of finance as a key driver of business.
  • Connecting the dots to creating a financially strong and sustainable business with a growth-oriented financial strategy.

Programme facilitator

Prof. Pratap Giri S
Visiting Faculty – SPJIMR

Module III

Digital transformation for SMEs

Programme objectives

  • To understand and appreciate role of technology in creating business value in the new digital world.

Learning outcomes

  • Recognise the aspects of digital transformation.
  • Work towards relevant strategic initiatives as applicable to the businesses.

Programme facilitator

Dr. Anil Vaidya
Faculty, SPJIMR

Module IV

Setting up for the long haul: Surviving and thriving across generations

Programme objectives

  • Understand the stage at which family business is at.
  • Understand the resources and capabilities of the family business from the family subsystem.
  • Understand the limits and the constraints of the family business.

Learning outcomes

  • Undertaking a family diagnostic.
  • Working towards success, sustainability, and significance.
  • Undertaking professionalisation for the long haul.

Programme facilitators

Dr. Kamal Sharma
Vice Chairman, Lupin

Dr. Tulsi Jayakumar
Executive Director CFBE, Programme Chair PGPFMB, SPJIMR

Admissions

Eligibility criteria

A potential candidate for the Family Enterprise Advanced Management Programmes needs to fulfil the following criteria:

  • Be an owner of a family-managed business
  • Have an active role in the business currently
  • Have passed an undergraduate programme in any field
  • Should be comfortable with English

Admissions and fees

The fees for each module would be INR 40,000 +18% GST. Participants desirous of joining the programme need to fill out an online application form and pay the fees as per the fee schedule.

Benefits

Participants can avail the opportunity of getting an FMB Executive Alumni status by completing 5 credits of AMP’s for FMB Owners (5 Courses). Credits can be accumulated over a period of 3 years.

Listing your family business on the Indian stock market

Equity capital is one of the biggest constraints for a family business since businesses can only leverage to a certain extent with Banks and Financial Institutions in India. The need to raise equity capital/partner capital is of prime importance for growth. Listing on the stock exchange was always considered a big boy’s league and most family businesses which are SMEs either would not qualify (as they would not meet the basic listing criteria) or find the exercise too expensive and not cost-effective.

The SME exchange – BSE SME and NSE SME exchange – is a specialized exchange for SME companies to list and raise capital with appropriate relaxations and guidelines suited for SMEs to get listed. The SME Exchange is a great avenue for family businesses to move to the next level since a listed company has a wide variety of advantages and benefits. Participants of this programme will be given an in-depth understanding of the listing process on the SME exchange. This will include aspects such as -the listing process, cost, internal changes and requirements, the responsibility of being a promoter of a listed

Modules

  • Capital Structuring for Family Business
  • Private Capital v/s Public Listing for Family Businesses
  • Listing on the Stock Exchange, Going Public – Main Board v/s SME Exchange
  • Preparing a Family Business to Go Public and get Listed on a Stock Exchange
  • Procedure to get listed on the SME Exchange 1
  • Procedure to get listed on the SME Exchange 2
  • Cost /Economics of getting listed on the SME Exchange
  • Compliance post Listing / Corporate Governance to be followed
  • Guest lecture by BSE SME Team

Objective

To be able to assist Family Businesses that are looking for funds for expansion or capital investment but are unable to get the capital from the banks / NBFC and are looking at raising capital in form of Equity. Being a listed company is a matter of prestige and pride. Many large families are looking at listing at least one of their companies on the BSE (Bombay Stock Exchange) with the sole purpose of having a listed company within their group.

Mode of delivery

Mode of delivery: Hybrid mode (online + physical space). Classes would be conducted on Saturdays and Sundays

Admissions and fees

Participants desirous of joining the programme need to fill out an online application form and pay the fees as per the fee schedule. The programme fee is INR 60,000 + 18% GST payable in full at the time of admissions

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