The Family Enterprises Management Program is specially designed for next-generation family business heirs. It is different from the normal MBA that produces functional managers. Family business inheritors who manage to get selected for the program will be transformed into future family business leaders.
The focus is on developing a holistic perspective about the issues and challenges in a family business. In the contemporary world no business can insulate and remain unaffected by global and technological trends in their industries.
Participants learn an entrepreneurial mindset that can be applied anywhere, in any context. They undergo experiential learning that emphasizes inquiry-based project learning. They learn to take the family business into the next generation, lead innovations within the family enterprises to sustain newer trajectory of growth.
The program encourages the participants to continue engaged with the family business. It facilitates them to immediately apply new concepts and methods regularly through special projects designed in consultation with their sponsors. Participants spend 4 days every month, for 11 months, in the classroom environment with the faculty in a LEED Platinum rated green campus in Chennai.
The Global Post Graduate Program for Family Enterprises Management has an International Immersion experience anchored at the Babson College, MA. Besides broadening participants’ intellectual horizons, the program aims to increase knowledge of local customs, cultures, and historical perspectives of rapid transformation and disruptive technology-led growth of the USA.
Participants undergo about 4 months intensive coaching and mentorship with a select group of family business leaders and their respective sponsors. The learning outcomes of the program are:
- Sustainable Family Enterprises Growth by finding innovative solution to prioritized family enterprise challenge.
- Transform a business idea into a new venture incubation plan. Opportunities will be created to incubate the venture at Atal Innovation Centre – Great Lakes Balachandran Incubator.
- Craft a Personal Improvement and Progressive Role Enhancement Plan.
I look forward to welcoming you to the Global Post Graduate Program for Family Enterprises Management and facilitate your journey to transform yourself to a family business leader.
Dr. K C John,
Program Director and Distinguished Chair Professor of Strategy and Entrepreneurship
Great Lakes Institute of Management, Chennai