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Overview
Guided by a faculty of experts in family business practice, seasoned advisors and directors of best-in-class family enterprises, you’ll learn to differentiate the roles and responsibilities of owners, family members (whether involved in management or not), independent directors and executives.
As you work through real-world cases with peers from other respected families, you’ll develop new governance and leadership skills and gain confidence in your ability to apply them in practice. You’ll also see how a common vision can unite family owners in a long-term commitment to continuity. This Governing Family Enterprises program is offered at Northwestern University.
Key Benefits
- Define the roles and responsibilities of owners, directors, board chairs, the executive team and the family council
- Improve your board’s effectiveness
- Learn about critical governance policies needed to sustain the relationship between the enterprise and the family
- Learn how a common vision can unite family owners in a long-term commitment to continuity
- Learn how governance can be used to gain trust among family owners, directors and top management
- Leverage governance as a key competitive advantage of family business
Programme Structure
The program will focus on the roles of the board chair, independent directors, family council leadership, and non-family top management. The program focuses on the following areas:
- Governance Challenges Facing the Family Business
- Defining Roles and Responsibilities
- Board Development and Evaluation
Key information
Duration
- Full-time
- 11 days
Start dates & application deadlines
- StartingApply anytime.
- StartingApply anytime.
Language
English
Delivered
Blended
Disciplines
Entrepreneurship Management Studies View 242 other Short Courses in Management Studies in United StatesAcademic 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 nowStarting 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
Who should attend:
- Family and non-family directors, CEOs, board chairs and trustees of family-controlled firms. The enterprise must be 3rd generation or beyond, with a significant number of family owners and minimum annual revenue of US$100m with a preference for $500m or above (1st and 2nd generation enterprises should check out our Forming Family Enterprise Governance program)
- Family members involved in governing their family councils, family office or their family foundations
- Family shareholders
Tuition Fee
To always see correct tuition fees
-
International
11500 USD/fullTuition FeeBased on the tuition of 11500 USD for the full programme during 11 days. -
National
11500 USD/fullTuition FeeBased on the tuition of 11500 USD for the full programme during 11 days. -
In-State
11500 USD/fullTuition FeeBased on the tuition of 11500 USD for the full programme during 11 days.
- $11,500 or $13,000 depending on the session
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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