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Family Business Advisors Program (FBA)- Cohort I

Program Dates: To Be Announced

Venue:

Program Fee: For Equalifi Members: INR 17,700
For Non-Members: INR 29,500

The program fee includes
- The bespoke course manual
- Access to exclusive tools and techniques
- Dedicated course webinar
- Assessment fees
- Live online sessions
- Instructor PPTs
- Self-paced assignments
- Exam Fee

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Overview
Curriculum

Family-run businesses, by virtue of their outlook, structure and management control have different business models, values and cultures when compared with non-family businesses. They, therefore, have their own strengths and weaknesses. In India, the role of family businesses in nation building, wealth creation, employment generation and contribution to the exchequer is both significant and commendable. In India, family businesses have been the bedrock of the economy since centuries. Currently India has 108 publicly-listed family-owned businesses, the third highest in the world with more than 60% of the GDP being contributed by family-owned businesses. The financial performance of family-owned companies has been superior to that of non-family- owned peers. Furthermore, family businesses appear to focus more on long-term growth and they have outperformed their peers in terms of share price returns.

As Indian family businesses are more and more getting in sync with their global counterparts, Family owners are increasingly recognizing the need to professionalize while hiring team members as well as hiring qualified advisors and consultant.

Whether you are an accountant, lawyer, banker, financial advisor or a trusted family business insider, the Certificate in Family Business Advising (FBA ) will help you augment your formidable technical skills with the strategies and tools to incorporate social and human considerations while advising business families. By growing your skill set in family business advising, you achieve two critical goals: you will deliver better solutions for your clients; and create a lucrative niche for your practice in a marketplace with substantial potential and growing demand.

How will this course benefit?

On completion of FBA , you will be able to:

– Gain a firm understanding of the nature and complexities of families of wealth
– Analyze the family business, including governance issues and sources of conflict
– Understand the unique challenges and opportunities encountered by professionals working with
– families of wealth
– Assess the needs of the family enterprise and make recommendations for action
– Learn a range of practice tools to help the family businesses
– Develop the skills and knowledge expected of a competent family business advisor
– Explore various management structures used by family businesses

Session	Date	Day	Time	Topic	Faculty
1	TBA	TBA	TBA	Understanding Families in Business Nature of Family Enterprises Families of Wealth How Business Families are Different from other Clients Useful Concepts and Theoretical Frameworks Type of Professionals who work with Family Enterprise Myths, Realities and Trends in the Field of Family Enterprise The Glue that holds the World’s Largest Family Businesses Together	TBA
2	TBA	TBA	TBA	Business Family Dynamics Who is the Client- Head of the Business? The Family? The Enterprise itself? Family Business Systems Genogram- How to Create one for a Client Family Spectrum of Styles and Approaches for Practitioners/ Advisors Disputes- When Planning does not go as planned	TBA
3	TBA	TBA	TBA	Family Enterprise Strategy How to create long-term Family Enterprising How to blend Family, Business and Ownership Sustaining Family Businesses: the Key Imperatives	TBA
4	TBA	TBA	TBA	Business Boards and Family Council Introduction Purpose of Family Councils Membership of Family Council Value of Family Business Boards Effective frameworks	TBA
5	TBA	TBA	TBA	Facilitation and Communication Skills How to handle complexities of business relationships Practical facilitation practices Ingredients for effective family communication	TBA
6	TBA	TBA	TBA	Continuity Planning Legal, Tax and Estate Planning issues “Human Side” of Succession Process	TBA
7	TBA	TBA	TBA	Family Governance in the Family Enterprise Nature of Family Enterprise Governance Mission, Vision and Values- Why they are Critical? Unique Challenges and Opportunities Practical Tools needed to Build Family Governance Skills Needed to Assist Families	TBA
8	TBA	TBA	TBA	Knowledge Integration and Application Concepts and Applications Case Studies	TBA
9	TBA	TBA	TBA	Multi-Disciplinary Advising There is no “I” in “TEAM” Understanding Limitations How to Deploy a Family Business Consulting Model Skills Needs for Working Effectively with Family Enterprises	TBA
10	TBA	TBA	TBA	The Professional’s Toolbox Overview of Family Business Assessment Tools How to Choose Assessment Tools Methods for Identifying Risks and Benefits Family Enterprise Development Model	TBA
11	TBA	TBA	TBA	Philanthropy The Historical Evolution of Philanthropy Trends and Ways of Giving Social Impact Investing Challenges and Opportunities for Professionals	TBA
12	TBA	TBA	TBA	Next Gen Education Matters How the Next Generation is planning for change Gearing up for Growth Preparing to Succeed: Closing the Credibility Gap Balancing the Influence and Control	TBA

To be announced

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