Certificate in Succession Planning and Family Governance
-- viewing nowThe Certificate in Succession Planning and Family Governance is a comprehensive course designed to meet the growing industry demand for professionals skilled in family business advising. This program emphasizes the importance of succession planning and family governance in ensuring the sustainability and growth of family-owned businesses.
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Course Details
• Introduction to Succession Planning: Understanding the importance of succession planning, the benefits it brings to the family and the business, and the consequences of not having a succession plan.
• Family Governance Structures: Exploring the different governance structures that can be used to manage family businesses, such as boards of directors, family councils, and shareholder agreements.
• Identifying and Developing Future Leaders: Techniques for identifying and developing the next generation of leaders, including leadership development programs, mentoring, and coaching.
• Communication and Conflict Resolution: Developing effective communication strategies and conflict resolution techniques to ensure a smooth transition of power and maintain family harmony.
• Legal and Tax Considerations: Understanding the legal and tax implications of succession planning, including estate planning, trusts, and gift taxes.
• Family Values and Vision: Defining and promoting family values and vision to ensure the long-term success of the family business.
• Continuity Planning: Developing a continuity plan to ensure the business can continue to operate in the event of unexpected events, such as the death or disability of a key family member.
• Implementing and Monitoring the Succession Plan: Steps for implementing and monitoring the succession plan, including regular reviews and updates to ensure the plan remains relevant and effective.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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