The Indian and world economy are dominated by family owned businesses, which generate most of the economic output and wealth of a nation. In some regions of the world family-owned companies virtually control the economy. While family-owned companies are often strong competitors, they have vulnerabilities that need to be managed. A vast majority of family controlled businesses experience difficulties like moving from one-person general management to an institutionalized competence that results into competitive fitness across generations.
Welingkar's Family Managed Business Program explores and analyzes best management practices, governance practices and family continuity challenges, including issues relating to first generation entrepreneurs. It's designed for those of you, who are looking at making an existing successful business even more competitive. And also for those who are keen on creating business turnarounds or starting new ventures besides their existing ones.