Course Details

Family Enterprise: Understanding Families in Business and Families of Wealth

Concepts include:

Systems Thinking for the Family Enterprise Advisor

Concepts include:

Systems Thinking and why it is a vital tool in advising family enterprises.
The key complexities in a family enterprise that benefit from Systems Thinking.
How to adopt a Systems Thinking mindset.
Genograms as a practical tool for understanding the client system and how this tool can positively influence the work of the professional.
The role of Systems Thinking in the growth, development and personal engagement of all family enterprise advisors.

The Action Research Model as Applied to Family Enterprise Advising

Concepts include:

Delivering the nine phases of the consulting process
Supporting systems thinking and the multi-disciplinary approach
Applying core theories with the skills and tools required to work effectively with family enterprise clients
Executing planned change through strategies, implementation and communication
Recognising your own lens, filters and biases

Advising the Family Wealth System: A Multidisciplinary Approach

Concepts include:

Understanding the nature and complexities of families of wealth
Identifying and exploring the management structures used by families of wealth
Unique challenges and opportunities encountered by professionals working with families of wealth
Multidisciplinary tools needed to work with families of wealth

Evidence-Based Advising: Using Research to Empower Family Enterprises

Concepts include:

Helping advisors become critical users of research.
Creating awareness of the heterogeneity within family firms.
Clarifying the variances in family firms so professionals can avoid applying a ‘one size fits all’ mentality.
Understanding the need for family firm identities.
Identifying what influences a family firm’s economic and non-economic performance.
Helping advisors guide family enterprises in their quest for sustainability.