Strengthening the Family Business

​Towards Survival​ and Sustainability

A Private Seminar Series for Family Businesses by the Ateneo Family Business Development Center
Avoiding Unnecessary Vulnerability and Meeting the Challenges of Family Business during the Pandemic of Covid - 19

Family Business Governance, Constitution, Council

by Ricky Mercado

The seminar will expose the participants on the importance of family relationships preserved with the understanding that the family business is composed of three circles that make up family governance. Family, Business and Ownership have different orientations that family members must understand influencing their behavior and attitude. Family Constitution puts rules and policies in place for guidance of family members. Family Council as a formal structure to meet, discuss and make decisions for the family business. All these contribute to the professionalization of the family business.

Objectives
  1. Understanding the family system, interlocking relationships and communications.
  2. Learn the different components that are important for the healthy growth of the family business. Establishing the family council, board of directors, and effectively conducting meetings with family members.
  3. Understand the basic structures of Family Governance such as the Family Council, the Board of Directors and how these can be structured in the Family Constitution.
  4. Managing the Paradox: Family system & Business system
  5. Learn the importance of a Family Council - how it works and its purpose
  6. Conducting meetings in the Family Council
  7. Importance & relevance of a Family Constitution
  8. Culture of professionalism

Program Content

Family Council
Essential purpose is to periodically provide a forum where family values, needs, and expectations tied in to the business are discussed and integrated.
Managing the Paradox: Family system and the Business system that seem to oppose each other need to be managed and be supportive to the family business. It is the opportunity for the family to create or rekindle the shared family vision.

Family Constitution
The Family Constitution is a formal document developed collaboratively by family members to encapsulate the values, beliefs and objectives of the family, as a family, with specific reference to the family’s relationship and dealing with its family business.
The family constitution contains policies governing the interface between the family and its business before problems occur. It is the ideal vehicle for family members to anticipate potentially contentious issues and decide as a group how to handle them. With concrete policies contained in the family constitution, problems will be less difficult to resolve and that decisions will be consistently applied to each family member.
​
Methodology
  • Lectures brought to life through dialogue with lecturer/resource person’s framework for managing family firms.
  • Interaction/discussion of actual experiences. Brief workshop discussing family and business concerns.
  • Lecture on the process of Crafting a Family Constitution.
  •  Interaction with the lecturer on his experiences with various families in the crafting process and how it has helped them.
  • A brief hands-on workshop -- actually engaging in a crafting activity with other participants in a Family Meeting setting. (if time allows)

Strengthening, Survival, Sustainability: Strategic Management in a Global Health Crisis

by Nathaniel Lim

History has taught us that crisis offers opportunities.  This global health crisis due to Covid-19 is no different.  Businesses implement tactical survival measures, strengthen their capabilities, and prepare for a sustainable future.  For all these, family business leaders should have a strategic mindset. A strategist needs to be aware of the  strategic management process.

Objectives
Upon completion of the course, participants should:
  1. gain a conceptual understanding of the strategic management process;
  2. understand what Vision, Mission, and Values are and their importance to the family’s strategic direction;
  3. appreciate the importance of Environmental Analysis to the formulation of strategy;
  4. know the role of Objectives in both corporate and functional area environments
  5. refresh their knowledge on various Strategy options given specific situations;
  6. differentiate between long term strategy formulation and short term operations planning;
  7. be enjoined to apply the concepts of Strategic Management to their family businesses.

Program Content
  1. Strategy Formulation, (Visions-Mission-Values, External and Internal Analysis, Setting Long Term Goals/Objectives, Identifying Strategy Options, and Formulating Strategies)
  2. Strategy Implementation
  3. Strategy Evaluation
  4.  Annual (short term) Operations Planning
​

Human Resource Management in the New Normal: Strengthening the Family Business for Survival and Sustainability

by Marijo Caronongan
In this time of COVID19, businesses are forced to make decisions to stay afloat and minimize job losses.  HR, together with business owners and senior management, needs to work on how to reconfigure workflows, redeploy and/or reskill employees to help them stay relevant in the new normal.  The seminar gives emphasis on HR's role in this challenging time - which is to engage employees, keep up the morale while ensuring employees' continued productivity.

Objectives 
At end of the workshop, participants will be able to:
 
  1. Know the different HR functions
  2. Know some basic HR tools used to manage employees
  3. Appreciate and understand the role of HR in strengthening the family business for survival and sustainability in the new normal
 
Program Content 
  1. Overview of Human Resource Management
  2. Recruiting and Selecting the Right People
  3. Managing Employee Performance
  4. Compensation and Benefits
  5. Employee Relations
  6. Training and Development
  7. Role of HR in the new normal
 
Methodology 
This is an interactive program that includes lectures, guided discussions, structured learning exercises and group activities.
​

Family Factor and Succession Planning in Family Businesses

by Ricky Mercado and Marijo Caronongan
The seminar-workshop is designed to give the participants an overview of how the family should understand the dynamics that affect its members specially the older generation in relation to the younger generation. “Succession Planning” or “Leadership Transition” is and what it means for the continued success of the Family Business.
 
Part 1
 
Understand the “family factor” in a family business succession process.  Know the people who are involved and are affected in the process. Recognize the common individual and relational struggles that make the transition difficult.  Learn effective ways of managing the family dynamics and addressing individual and relationship challenges that come during this very crucial period in a life of a business family.
 
Part 2
A study by the University of Connecticut Family Business off 800 family businesses said that the ultimate collapse of firms was precipitated by the founder’s death or incapacity in 47.7% of businesses. That compelling statistic surely affirms the importance of Succession Planning.
 
The actual physical “Changing of the Guards” is an event, but the Succession Planning that should precipitate that should be a process consciously engaged in by the family so that the actual event is not an imposition but a result.
 
Succession Planning is a professional, rational and perpetual process in any successful business enterprise. How come when applied to Family Business where the contenders are family members, the process losses professionalism and rationality? Worse, it is put in the back burner not addressed at all.
 
The participants should put all relevant succession issues in a structured format and address potentially emotional issues in professional framework so that these issues can be addressed effectively and enable the family to formulate guidelines for the smooth generational transition and leadership – identification of the potential successors, leadership training, etc.
 
Objectives
 
  1. Develop an understanding of the complexities that exist in the Succession Planning Process
  2. Develop an in-depth understanding of Succession Planning, generational & leadership transition in a family business setting
  3. Gain insights into the concept of Ownership with Management and the concept of Ownership without Management
  4. Appreciate the benefits of Planning for Succession in the long term survival of the Family Business.
 
 
Program Content
​
  1. The meaning of Succession Planning or Leadership Transition
  2. Family Dynamics that affect the Succession Process
  3. Family Member’s role/s and responsibilities in the Succession Planning Process
  4. The Other Stakeholders: the Non-Family member professionals
  5. Guidelines in training and mentoring the younger generation
  6. Tools used in identifying and developing successors
 
Methodology
  • Lecture on Family Dynamics, Struggles of family members and the Succession Planning Process.
  • This seminar will be highly interactive.
  • There will be exercises/workshop activities that will enhance appreciation of the concepts that will be presented
REGISTER HERE
Picture

For Inquiries call 0905 528 1672 
Email: [email protected]

Office Hours
Monday to Friday 8:00 AM to 5:00 PM
Saturday: 8:00 AM to 12:00 PM

UA-221144508-1