Family Business Essentials & Principles
Pillars for Sustainability and Success
While 88% of African family businesses consider their family business as their most critical asset, only 16% make it to the third generation and grow their assets, and of that 16%, only 4% are SMEs. Those who fail to mature into the third generation (84%) are at risk of losing a significant portion of their wealth due to various reasons, such as failed mergers, family conflicts, or a lack of succession or exit strategy.
Despite 81% of EAC family-owned businesses aiming to establish a lasting legacy, less than 12% have created formal succession plans or developed effective multi-generational family governance structures. Family Essentials and Principles provide strategies to address this issue, such as enhancing communication, aligning business values, understanding historical business stories, and developing a future plan.
The programme provides classroom and experiential learning activities to equip participants with the necessary skills to navigate family cultural dynamics and prepare them for critical succession planning conversations. Facilitated by globally recognized scholars, practitioners, and executives from leading family-owned executives who will share their experiences and inspire innovative thinking
Upcoming Dates:
To be confirmed
To be confirmed
Notes
EXCLUSIVE CENTER FOR EXECUTIVE EDUCATION ALUMNI PORTAL
Exclusive invitation to virtual round table discussions with global subject matter experts.Confidential one-on-one conversations and mentoring from our Executives-in-Residence programme.
Special pricing for future programs and events.
Access to specialized statistics and research.
CONTACT
Email: ceeinfo@usiu.ac.ke
Phone: +254 730 116 113 | +254 780 431 383
Email: ceeinfo@usiu.ac.ke
Phone: +254 730 116 113 | +254 780 431 383