Cambridge Judge Business School Executive Education is proud to announce the launch of its new Cambridge Family Business Leadership Programme, developed in collaboration with Emeritus. This six-month programme is tailored to equip family business leaders with the strategic skills needed for long-term success, addressing the unique challenges faced by family enterprises through an innovative curriculum and practical insights from industry experts. Enrolment is now open for the programme starting in December 2024.
Key Challenges in Family Businesses
Family businesses play a crucial role in the global economy, generating trillions in annual turnover and creating thousands of jobs worldwide. However, only 30 percent of these businesses manage to survive into the second generation, according to the Family Business Institute. Challenges such as generational transitions, leadership dynamics, and governance issues often hinder their longevity. The Cambridge Family Business Leadership Programme aims to tackle these issues head-on, offering participants the tools and knowledge needed to ensure the sustainability and growth of their enterprises.
Programme Structure and Content
The Cambridge Family Business Leadership Programme combines in-person and online learning modules to deliver a comprehensive educational experience. Participants will explore various facets of the founder-to-family business journey, including finance, operations, stakeholder engagement, and capital stewardship. The programme includes interactive sessions on campus with faculty and global leaders of family-owned businesses, providing unique insights into strategic thinking, growth strategies, and competitive positioning.
Key areas covered in the programme include:
- Long-Term Strategies: Developing strategies for sustainable growth and adaptability in a dynamic business environment.
- Wealth Management and Impact Investment: Managing family wealth and exploring investment opportunities that align with business goals.
- Mergers and Acquisitions: Understanding the complexities of mergers and acquisitions and their impact on family businesses.
- Governance and Conflict Management: Implementing effective governance structures and managing conflicts within the family business.
- Leadership and Succession Planning: Preparing for leadership transitions and planning for future generations.
Expert Insights and Networking Opportunities
Professor Khaled Soufani, Programme Director, emphasizes the significance of family businesses in driving economic growth, job creation, and community development. “The Cambridge Family Business Leadership Programme provides family enterprise leaders with an unparalleled chance to refine their management and leadership capabilities, ensuring their businesses remain resilient and successful across generations.”
Collaborative Efforts with Emeritus
Mike Malefakis, President of University Partnerships at Emeritus, highlights the value of the collaboration: “We are excited to partner with Cambridge Judge Business School Executive Education to help family business leaders enhance their skills and navigate the evolving business landscape. Through a blend of online and on-campus sessions, the programme will support participants in optimising processes, improving business performance, and gaining a global perspective on the unique challenges faced by family businesses.”
Programme Details
The Cambridge Family Business Leadership Programme is scheduled to commence on December 8, 2024. Family business leaders interested in enrolling are encouraged to apply early to secure their place in this transformative programme.
