Leadership in the Family Business course at Tecnológico de Monterrey focuses on the complexities of family and business dynamics, providing tools to sustain and lead a family business over time. This comprehensive program delves into the roles and ways of thinking of family business leaders, emphasizing the importance of entrepreneurial talent development within the organization.
Throughout the course, participants will learn to apply strategies, tools, and models to lead and orchestrate family businesses, as well as to identify and apply the main characteristics that make a good business leader. The curriculum also covers forward vision in entrepreneurial families, next generation development, and leadership models for family-company dynamics.
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This course consists of five modules covering fundamental aspects of family business leadership, including the complexities of family and business dynamics, identification of roles, forward vision in entrepreneurial families, next generation development, and leadership models for family-company dynamics.
The first module, "Fundamentals of the Family Business," delves into the myths and realities of family businesses, providing an in-depth understanding of the complexities of family and business dynamics. Participants will explore the general objectives and topics, with a focus on developing a comprehensive understanding of family business fundamentals.
The second module, "Identification of Roles in the Family Business," focuses on the business-family-ownership system and the ways of thinking of family business leader-owners. Participants will gain insights into the roles within the family business and the key characteristics that make an effective business leader.
Module three, "Forward Vision in Entrepreneurial Families," introduces the structural risk model and the evolution of family business models. Participants will gain an understanding of the forward vision necessary for entrepreneurial families, setting the stage for sustainable business growth and success.
The fourth module, "Next Generation Development (NxtGen)," explores the commitment and successor competency inventory, focusing on developing entrepreneurial talent within the organization. Participants will learn about the critical success factors in succession and the development of the next generation of leaders within the family business.
The fifth module, "Leadership Model (Orchestration) for Family-Company Dynamics," delves into family business leadership and governance dynamics. Participants will learn how to lead and orchestrate family-company dynamics effectively, ensuring the sustainable growth and success of the family business over time.
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