Executive Development Programme in Family Business Transition Planning

Name: Executive Development Programme in Family Business Transition Planning
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The Executive Development Programme in Family Business Transition Planning is a certificate course designed to address the unique challenges of family businesses in transition. This program emphasizes the importance of proper succession planning, governance, and leadership development for a smooth transition.

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AboutThisCourse

With the family business sector contributing significantly to the global economy, there's an increasing industry demand for professionals with specialized skills in this area. By enrolling in this course, learners will gain essential skills in strategic planning, conflict resolution, and communication, all of which are crucial for managing family business transitions. They will also learn how to balance the interests of family members and the business, ensuring long-term sustainability. These skills will not only equip learners for career advancement in family businesses but also in other sectors where succession planning and leadership transition are key concerns.

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CourseDetails

• Family Business Dynamics
• Understanding Family Business Systems
• Succession Planning in Family Businesses
• Legal and Tax Considerations in Family Business Transition
• Communication and Conflict Resolution in Family Business
• Leadership Development for Future Generations
• Financial Management in Family Business Transition
• Family Business Governance and Wealth Management
• Strategic Planning for Family Business Transition
• Case Studies and Best Practices in Family Business Transition Planning

CareerPath

In the UK, family businesses contribute significantly to the economy, accounting for around 12% of the GDP, and creating 9.2 million jobs. To ensure a smooth transition of these businesses to the next generation, professionals with relevant skills are essential. Here's a glimpse into the various roles in family business transition planning, represented in a 3D pie chart. - **Legal Advisors** (15%): They play a crucial role in protecting the family's assets and ensuring the business complies with all legal requirements during the transition. - **Financial Advisors** (20%): They help manage the family's financial assets, advise on investment strategies, and ensure the financial stability of the business during and after the transition. - **Succession Planners** (18%): These professionals focus on creating and implementing a solid succession plan that addresses the transfer of ownership, management, and control of the family business. - **Business Coaches** (25%): They provide guidance, support, and training for the next generation of leaders, helping them develop the necessary skills to run the business successfully. - **HR Strategists** (22%): They are responsible for managing the workforce, ensuring employee satisfaction, and facilitating a positive work environment during and after the transition. The demand for these roles is on the rise, as more family businesses seek to transition smoothly to the next generation. Salaries vary depending on the role, location, and the size of the business, but the average salary for these roles ranges from £40,000 to £80,000 per year in the UK.

EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
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FastTrack GBP £140

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ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME IN FAMILY BUSINESS TRANSITION PLANNING

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London School of International Business (LSIB)

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05 May 2025

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