Forming Family Enterprise Governance, Short Course | Northwestern University | Evanston, United States
Studyportals
Short Blended

Forming Family Enterprise Governance

18 days
Duration
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

The Family Enterprise Governance program provided by Northwestern University is focused on what skills owners need to design appropriate governance architecture, lead effective decision making across all stakeholders and set a vision that will guide multi-generational continuity.

Overview

Forming Family Enterprise Governance provided by Northwestern University is a blend of three different learning modes:

Pre-Program: 

  • Establish bonds before your learning begins, aided by a custom participant-profile book, live virtual sessions and a diagnostic tool.

Live Virtual Component: 

  • Virtual half-day sessions on Kellogg’s state-of-the-art interactive platform will establish a foundation for the rest of the program. You’ll be introduced to the core concepts of the program and equipped for the meaningful, productive and transformative in-person experience to come.

Program Diagnostic:

  • At the end of the live virtual foundation models, each family group will take a diagnostic that identifies family governance priorities. The diagnostic will guide selection of a meaningful family project to apply the concepts from class to address a governance priority for the family.

Family consultation and project:

  • A three-week period between the live virtual and in-person program modules gives you the time to identify and work on your family project, engaging other family stakeholders in the work as needed. You will have access to a family consultation to gain faculty input on the challenges your family is facing

In-Person: 

  • An immersive experience where you are encouraged to unplug from work in a university living-learning environment Kellogg's Miami campus. Forge deep connections to a global network of peers and engage with faculty formally and informally. Program sessions, meals and supplemental and social activities are face-to-face, giving you the opportunity to focus completely on learning and growth.
Our blended format, scheduled over multiple weeks, allows more time for deeper reflection and exploration. It also gives you the opportunity to share learnings with family members who haven’t enrolled in the program, include them in your consultation, put concepts into practice and spend more individual time working on the group project.

Programme Structure

The program focuses on:

  • Develop a theory of family business governance.
  • Design an appropriate, optimal governance structure for your enterprise.
  • Learn how governance structures and policies interact to elicit constructive shareholder engagement and organizational effectiveness.
  • Acquire skills needed to effectively lead the processes of governance.
  • Understand the roles of owners and the responsibilities of family, boards, and executive management.
  • Maximize board and family leadership effectiveness.
  • Differentiate ruling from governing.
  • Explore the use of influence within a family system.
  • Build awareness of the process of creating and refining a family constitution.

Key information

Duration

  • Full-time
    • 18 days

Start dates & application deadlines

Language

English

Delivered

Blended

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Northwestern University and/or in United States, please visit Student Insurance Portal.

Other requirements

General requirements

This Approval Program is limited to individuals with specific business experience. All applications will be subject to review and approval from the program’s Academic Director.

Tuition Fee

Living costs for Evanston

1100 - 1500 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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