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Be the Champion of Family Business

Resolve Conflicts, Leverage Differences and Strengthen Bonds

About the Program

 Be the Champion of Your Family Business

As family business owners, we constantly strive for growth and continuity. Who does’nt? We always look forward to strong family relationships and long-lasting bonds to sustain our legacy. But then we realize that the journey of perfection has its own hurdles. The reality strikes hard, we face differences and disagreements which are quite natural but those instances often lead us to self-doubt maybe for a moment, maybe once in a while or in some cases quite often. The very easy way to go about it is to simply ignore, and move on. But do you think there is a more powerful way to deal with such situations?  Maybe if you have come across the examples of successful family legacies like GMR, Dalmia and Godrej, you do realize that albeit there is an alternative. An alternative which is a step forward for multigenerational growth and success.

But have you ever given a thought that what differentiates these families from others? The simple answer is the presence of a catalyst who acts as a binding force, a change leader who rises above the minor issues and barriers and facilitates significant development throughout the family by engaging and inspiring everyone to work collectively. A champion who takes initiative for self-development and family development, who invests energy into the family system to support and develop mechanisms, systems and processes for Sustained Individual Happiness, Family Togetherness and Business Growth.

Be the Champion of Your Family Business

Do you want to become that champion in your family? If your answer is yes, we would recommend you to consider joining us for the 6 month comprehensive journey where we will help you to build the muscle to break the barriers, to overcome them and to unlock your potential to move your family forward. We will enable you to play an essential role in inspiring and encouraging your family to become dedicated to a common goal and be responsible towards building a family legacy. By the end, we promise to mould you into a champion that helps the family develop their ability to communicate together and to manage their differences, disagreements, conflicts and multigenerational dynamics as strengths.

Come, join us for a roller coaster ride through the program “Be the Champion of Your Family Business”. The design of this masterpiece is curated with our experience of working with more than 150 business families across Southasia and the US in the last 16 years.

To hear more from our experts: https://www.bafconsultants.com/video-blogs/

Link to Our Youtube Channel: https://www.youtube.com/channel/UC5fbGXboEdXcuNoorgJ6Pag

Who Should Sign Up?

  1. Are there differences or conflicts in your family or business?
  2. Are you facing challenges in inducting new generation members to the business?
  3. Do you think the going is good as of now, but you want to future proof your family and business from conflicts?
  4. If you are planning to divide the business or want to create a policy for exit from business?
  5. Are you planning to create your family constitution?
  6. Are you having challenges in implementing your family constitution?

If the answer to any of these questions is yes, 

then this program is for you

Program Approach

Personal Victory always precedes Public Victory

  1. Personal Victory –
    • Identifying – Concerns/Issues, Opportunities, Barriers, My Current Strategy
    • Self Victory – Learning/Strengthening Performance Enhancing Habits (Proactivity, Personal Vision, Monthly Planning, Meditation)
  2. Public Victory –
    • Learning the art of compassionate communication
    • Solving one/two key issues or tapping into an opportunity by aligning relevant people

Program Delivery

  1. Complete Program on Zoom.
  2. 6 month program (Weekly sessions)
    • 12 Workshops (4 hours each)
    • 12 Coaching Sessions (2 hours each)
    •  Pre work for every session – reading, questionnaire, reflection, video watching etc.
  3. On demand Family Meeting with Coach & Master Coach on zoom
  4. Maximum Participants 25

Program Duration

  • Six Months

Program Content

Workshops

  1. Introduction to Basics of Family Business Governance
  2. Gives complete understanding of challenges in a family business with real life examples including extensive Q&A Session
  3. Apart from participant, entire family has opportunity to attend these workshops
  4. Burn & Bury Ghosts of The PAST
  5. Will focus on strengthening the ability to communicate with Key People in My Life
  6. Experienced BAF Partners will be leading these workshops

Projects/One to One Coaching

  1. Participant will chose 1 or 2 projects from a list of topics under Family and Business Constitution
  2. The Coaches will help the Participant identify, develop and implement these projects in fortnightly one to one sessions

Possible Project Areas

Specific Areas of Family Constitution:

  1. Mindset & Behavior:
    • Family Core Values
    • Business Core Values
    • Family Code of Conduct
    • Family Retreat
  2. Family Finance & Accounts:
    • Family Expenses
    • Family Accounting
    • Family Wealth Management
  3. Creation and functioning of Family Council
  4. Resolving Conflict

Specific Areas of Business Constitution:

  1. Leadership Development & Accountabilities of Promoters:
    • Roles and Responsibilities of Family Members (KRAs, KPIs)
    • Compensation, Performance Evaluation & Rewards to Family Members
    • Competency Assessment & Leadership Development of Family Member
  2. Succession Planning:
    • Ownership Structuring 
    • Ownership Succession
    • Transition Management
  3. Professionalisation: 
    • Decision Making in Business
    • Business Goals
    • Business Strategy
    • Annual Business Plan/Budget
    • MIS & Review
  4. Governance: 
    • Family Business Board
    • Exit Policy
    • Managing the Exit/Division Process

Characteristics of a Champion

  1. Sachi Baat Karta Hai – Authentic
  2. Seekhne ko Tatpar Rahta hai – Keen to Learn
  3. Samay par kaam karta hai – Takes timely promised action

Pricing

  1. Rs. 8 lakhs/for first participant and
  2. Rs. 5 lakhs for each additional participant

Invitation Pricing (only valid for First 15 Registrations)

  1. Rs. 6 lacs for first participant, and
  2. Rs 3 lacs for additional member

Payment Schedule

Total Fee

6,00,000

3,00,000

8,00,000

5,00,000

Registration

100,000

100,000

100,000

100,000

Before 3rd Workshop

250,000

100,000

350,000

200,000

Before 6th Workshop

250,000

100,000

350,000

200,000