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Training Programme

Executive Certificate on Family Business: Planning & Succession

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Overview
Introduction
  • Family businesses are the backbone of the global economy, accounting for a significant majority of all enterprises worldwide. However, these unique organizations face a number of distinct challenges, from navigating complex family dynamics to ensuring a smooth transition of leadership and ownership to the next generation.
  • Effective succession planning is critical for the long-term survival and success of family-owned companies, yet studies show that only about 30% of family businesses successfully transition to the second generation, and a mere 13% make it to the third.
  • This executive training course is designed to equip current and future leaders of family enterprises with the essential frameworks, strategies, and best practices to overcome these obstacles.
Objectives
  • Explore innovation, entrepreneurship, ESG principles, and finance management.
  • Engage with successful entrepreneurs, venture capitalists, and sustainability experts.
  • Gain insights into sustainable business practices and responsible investment.
  • Deep dive into advanced financial concepts and investment strategies.
  • Develop a global perspective for driving sustainable business growth and positive change.
Target Participant
  1. Current family business owners, CEOs, and senior executives who are preparing for or actively managing a leadership transition.
  2. Next-generation family members who are poised to take on increased responsibilities or leadership roles in the family firm.
  3. Non-family managers and professionals working in key positions within family-owned organizations.
  4. Family business consultants, advisors, and other service providers looking to deepen their expertise in this domain
Date

To be determined (Jul/Aug 2024)

Time
  • Morning session : 10:00am to 1:00pm
  • Evening session : 2:35pm to 5:30pm
Venue
Places that mentioned for Corporate Visits and HSU Campus.
Target number of student
20-30 participants
Medium of Instruction
English / Mandarin / Cantonese
Certificate of Attainment
A Certificate of Attainment (issued by the Institute of Knowledge Exchange of The Hang Seng University of Hong Kong) for each student upon successfully completing the programme.
Cost

CNY$6800

 

*Instructor(s) fee: HKD$2500 or above
*Travelling expenses, room, and board will be covered
*Please note that the instructor fee depends on their overall qualifications.

Tentative Schedule

Session No Programme Details
Morning 1
  • Unique dynamics and challenges of family-enterprises
  • Importance of effective succession planning
  • Identifying Family Business Goals and Priorities
  • Aligning family and business objectives
2
  • Governance Structures for Family Businesses
  • Establishing a family council or assembly
  • Developing a family constitution or charter
  • Clarifying roles, responsibilities, and decision-making processes
3
  • Succession Planning Fundamentals
  • Assessing next-generation talent and readiness
  • Implementing a structured succession process
  • Addressing sensitive topics (e.g. ownership)
Afternoon 4
  • Estate and Financial Planning
  • Wealth preservation and transfer strategies
  • Tax considerations and minimization techniques
  • Establishing a family office or trust structures
5
  • Conflict Resolution and Communication
  • Managing family dynamics and interpersonal tensions
  • Effective family meeting facilitation
  • Developing a family communication plan
6
  • Case Studies and Best Practices
  • Examining successful family business transitions
  • Identifying common pitfalls and lessons learned
  • Developing an actionable succession plan

1 Session = 1 Hour

For more information about Programme Details and Instructor, please download brochure below.

Download Brochure