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    ... Right arrow Topic-Focused Programs Right arrow Families in Business Right arrow Overview

    Families in Business

    Families in Business
    • Dates: TBD
    • Format: In-Person
    • Location: HBS Campus
    • Fee: TBD
      • The program fee covers tuition, books, case materials, accommodations, and most meals.
      Download Brochure
      Download Brochure
    Welcoming the Next Generation to a Family Business
    Welcoming the Next Generation to a Family Business
    Bringing in the next generation requires a plan.
    Learn More
    Download Brochure
    Program Finder
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Welcoming the Next Generation to a Family Business
    Welcoming the Next Generation to a Family Business
    Bringing in the next generation requires a plan.
    Learn More
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Program Announcement
    The program originally scheduled for 08-13 NOV 2020 has been cancelled. We will update this program website once new dates have been confirmed. If you would like to explore other programs currently accepting applications, please visit our program finder. If you have any questions, please contact executive_education@hbs.edu.

    Summary

    Like every company, family businesses must strive for growth amidst fierce competition, an evolving marketplace, and demanding customers. But family businesses also face a unique set of challenges and opportunities. In this personalized learning experience, you'll discover how to leverage the intrinsic strengths of your family business and to implement practices that drive high performance, shareholder loyalty, and healthy family relationships.

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    Summary

    Like every company, family businesses must strive for growth amidst fierce competition, an evolving marketplace, and demanding customers. But family businesses also face a unique set of challenges and opportunities. In this personalized learning experience, you'll discover how to leverage the intrinsic strengths of your family business and to implement practices that drive high performance, shareholder loyalty, and healthy family relationships.

    Key Benefits
    In this family business management program, you'll learn how to establish more effective business policies, communication practices and family business structures. Collaborating with family members and colleagues to build an action plan for your business, you'll shape your family's future and prepare to lead your business through each stage of growth.

    DetailsCollapse All

    Address the complex dynamics of a family business Address the complex dynamics of a family business
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    • Establish a family office separate from the operating business
    • Manage expectations for the family's involvement with the business
    • Find better ways to reach common goals and address conflicts
    • Structure ownership and distribute wealth optimally to benefit the family and the business
    Establish a foundation for long-term business successEstablish a foundation for long-term business success
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    • Build on your business's strengths and minimize its vulnerabilities
    • Formulate strategies for growing the company and strengthening competitive advantage
    • Create a strong board of directors
    • Develop succession plans and successfully navigate leadership transitions
    Expand your personal and professional networkExpand your personal and professional network
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    • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries around the globe
    • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

    Key Benefits Dropdown up

    Key Benefits Dropdown down

    In this family business management program, you'll learn how to establish more effective business policies, communication practices and family business structures. Collaborating with family members and colleagues to build an action plan for your business, you'll shape your family's future and prepare to lead your business through each stage of growth.
    Details

    Address the complex dynamics of a family business

    • Establish a family office separate from the operating business
    • Manage expectations for the family's involvement with the business
    • Find better ways to reach common goals and address conflicts
    • Structure ownership and distribute wealth optimally to benefit the family and the business

    Establish a foundation for long-term business success

    • Build on your business's strengths and minimize its vulnerabilities
    • Formulate strategies for growing the company and strengthening competitive advantage
    • Create a strong board of directors
    • Develop succession plans and successfully navigate leadership transitions

    Expand your personal and professional network

    • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries around the globe
    • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

    Who Should Attend

    Family business teams of four or more individuals that reflect multiple generations, both genders, and executives from the family office for wealth management.
    Read More
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    Teams might include:
    • A chief executive officer or top family business leader and his or her spouse
    • Children of the business leader(s) and their spouses
    • Siblings, cousins, and their spouses/partners
    • Family members who are managers, employees, board members, or shareholders in the business
    • Nonfamily senior executives from the business
    • Nonfamily senior executives from the family office
    • Interested relatives, including in-laws
    Executives from a family office, wealth management office, or individuals with financial acumen are encouraged to explore our program, Building a Legacy: Family Office Wealth Management.

    Program for Leadership Development participants earn 5 PLDA Points on completion of this program.

    Dive Deeper into the Experience
    Image/@Alt Play video
    Image/@Alt Play video
    Inside the Classroom
    See how exchange with faculty and peers yields new insights into critical business trends.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    We Celebrate New Ways of Thinking. Are You Ready?
    Thrive in a learning environment that welcomes diverse ideas and perspectives.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    Discover more about business. And yourself.
    Global perspectives > Leadership growth > Organizational impact.
    Watch the VideoWatch the Video

    Who Should Attend Dropdown down

    Who Should Attend Dropdown down

    Family business teams of four or more individuals that reflect multiple generations, both genders, and executives from the family office for wealth management.
    Teams might include:
    • A chief executive officer or top family business leader and his or her spouse
    • Children of the business leader(s) and their spouses
    • Siblings, cousins, and their spouses/partners
    • Family members who are managers, employees, board members, or shareholders in the business
    • Nonfamily senior executives from the business
    • Nonfamily senior executives from the family office
    • Interested relatives, including in-laws
    Executives from a family office, wealth management office, or individuals with financial acumen are encouraged to explore our program, Building a Legacy: Family Office Wealth Management.

    Program for Leadership Development participants earn 5 PLDA Points on completion of this program.

    Dive Deeper into the Experience
    Image/@Alt Play video
    Image/@Alt Play video
    Inside the Classroom
    See how exchange with faculty and peers yields new insights into critical business trends.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    We Celebrate New Ways of Thinking. Are You Ready?
    Thrive in a learning environment that welcomes diverse ideas and perspectives.
    Watch the VideoWatch the Video
    Image/@Alt Play video
    Image/@Alt Play video
    Discover more about business. And yourself.
    Global perspectives > Leadership growth > Organizational impact.
    Watch the VideoWatch the Video

    Learning and Living at HBS

    When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

    Dropdown down Dropdown up

    Learning and Living at HBS

    When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

    Admissions Criteria and Process

    We admit candidates to specific sessions on a rolling, space-available basis, and encourage you to apply as early as possible. Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities.
    Read More
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    Answering Your Questions

    Our Program Advising team can help you at any stage of the admissions process—starting with identifying the program that best addresses your learning and development goals. Contact a program advisor via email or call 1.800.427.5577 (outside the U.S., call +1.617.495.6555).

    Application Submission

    We recommend that you apply at least four weeks before the program start date. You may use our online form or download an application. HBS maintains all application information in strict confidentiality. We acknowledge receipt of applications via email. In the unlikely event that you do not receive an acknowledgment, please email us at exed_admissions@hbs.edu or call us at +1.617.495.6226.

    Application Review

    To optimize the learning experience and maximize the exchange of ideas, our Admissions Committee makes selections that balance each participant's experience, scope of current responsibilities, and type of organization. HBS seeks candidates who reflect a broad range of industries, functions, countries, and backgrounds. We review applications monthly and will contact you via email with the Admissions Committee's decision.

    Fee, Payment, and Cancellations

    The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment.

    Admissions Criteria and Process Dropdown down

    Admissions Criteria and Process Dropdown down

    We admit candidates to specific sessions on a rolling, space-available basis, and encourage you to apply as early as possible. Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities.

    Answering Your Questions

    Our Program Advising team can help you at any stage of the admissions process—starting with identifying the program that best addresses your learning and development goals. Contact a program advisor via email or call 1.800.427.5577 (outside the U.S., call +1.617.495.6555).

    Application Submission

    We recommend that you apply at least four weeks before the program start date. You may use our online form or download an application. HBS maintains all application information in strict confidentiality. We acknowledge receipt of applications via email. In the unlikely event that you do not receive an acknowledgment, please email us at exed_admissions@hbs.edu or call us at +1.617.495.6226.

    Application Review

    To optimize the learning experience and maximize the exchange of ideas, our Admissions Committee makes selections that balance each participant's experience, scope of current responsibilities, and type of organization. HBS seeks candidates who reflect a broad range of industries, functions, countries, and backgrounds. We review applications monthly and will contact you via email with the Admissions Committee's decision.

    Fee, Payment, and Cancellations

    The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment.
    Download Brochure
    Download Brochure
    Download Brochure
    Program content, dates, schedule, fees, technology platforms, and faculty are subject to change. In accordance with Harvard University policy, Harvard Business School does not discriminate against any person on the basis of race, color, sex or sexual orientation, gender identity, religion, age, national or ethnic origin, political beliefs, veteran status, or disability in admission to, access to, treatment in, or employment in its programs and activities.
    Welcoming the Next Generation to a Family Business
    Welcoming the Next Generation to a Family Business
    Bringing in the next generation requires a plan.
    Learn More
    Download Brochure
    Program Finder
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Welcoming the Next Generation to a Family Business
    Welcoming the Next Generation to a Family Business
    Bringing in the next generation requires a plan.
    Learn More
    Need Help? Contact Us:
    Program Advising team
    Email: executive_education@hbs.edu
    Related Programs
    Building a Legacy: Family Office Wealth Management
    Date TBD
    Format In-Person
    Location HBS Campus

    Program Details
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