This document describes a post-graduate program for sons and daughters of family managed businesses. The 18-month program trains participants to develop the knowledge, skills, and attitude to influence and lead their family business. Participants spend one week in the classroom and three weeks working in a business. The program helps participants understand their current business, create a business plan, and plan for their role and the family's role in the business. The program was started in 1997 and has since trained over 3,000 alumni from 160 cities in India and some overseas countries. It has led to additional management development programs and exploring expanding the program to other Asian countries.

1. Post Graduate Program
In
Family Managed Business (FMB)
May 14, 2012
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2. What ?
Training and developing sons and
daughters of Family Managed Businesses
What For ?
To prepare them with appropriate
Knowledge and Skill and Attitude to
influence and eventually
lead their family business.
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3. How ?
• Unique architecture
• 1 week in college, 3 week in business
• Learn from Prof, mentor & manager
• 18 months duration
• 3 phases each of 6 months
• What is ‘a’ business
• What ‘is’ my business
• What ‘will be’ my business
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4. Why a separate Program ?
• Scales – SME context v/s MNC
• Stakes – Face the music
• Scope – Functional v/s Holistic
• Unique Issues – ownership & family
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5. For whom ?
Graduates from FMB
Over 90% business in India
FMB
SME
Need contextualization
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6. For what ?
Key Learning objective
Ability to make and execute sound
Business Plan
Role Plan &
Family Plan
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7. What is the result ?
Started on 1997 with 16 participants
… over 17 years
Today annual intake of 300
Over 3,000 alumni
From 160 cities and towns from
all over India & few from overseas
But that is not all ….
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8. Triggered
MDP programs
OMP – for fathers
WMP – for mothers
BEP – for employees
FMB awards
Hundreds of seminars
Introductions in Pakistan
Explorations in Saudi, Indonesia,
Vietnam and South Korea
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9. Aspirations
Promote pride in being FMB
It stands for Commitment, Trust
and Long Term Relations
Moving from India to Asia
Influencing Economy, Employment,
Society and families.
Thank you
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