Topic: How to effectively manage a Family Business
Participants: Kayseria Group’s Family Members
Duration: Day-long program
The Executive Education Center’s first program was a short seminar during the Family Council meeting of the Kayseria Family. All the family members (including wife and daughters-in-law) were present during the seminar. The goal of the program was to highlight the roles, rights and responsibilities of the different business family members.
Key takeaways:
- Shared Dreams
- Strengths of a Family Business
- Mentoring the next Generation
- Pros and Cons of Staying Together v/s a Strategic Split
- Issues and differences between Owner Controlled, Sibling Partnerships and Cousin Consortiums