The UFM School of Business invites you to its next seminar:

Family Business Governance: Mechanisms, Best, and Next Practices, given by Pramodita Sharma

Savvy owners are well aware that both their family and their business are in a constant process of evolution. The structures and decision-making processes that work for one stage of their evolution may become unsuitable for the next. For example, what worked perfectly well during the controlling-owner stage of the family business, may be inadequate to support effective decision making in a sibling partnership, or a cousin consortium, or a group of unrelated owners and managers.

This interactive program draws insights from the very latest research and practices to increase your understanding of the role of governance structures and processes in the success of long-lived family enterprises. Case discussions will reveal the subtle cues that signal a need to revamp governance mechanisms. Reflective exercises are used to bring those insights to your family business and guide you to prepare your own skills as a board member. By the end of the program, you will feel confident that you understand what your family business needs, why and how to design the systems for effective decision making that will guide multi-generational continuity and success.