The Family Enterprise Challenge (FAME)
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New in 2010 – New session available in Abu Dhabi

Overview

Strengthening family business sustainability

With issues such as leadership and ownership succession, interaction of family and business, the role of owners, and family relationships, the challenges faced in family-owned firms differ substantially from those in other companies. And contrary to popular perception, family ownership is the most prevalent form of company structure internationally, including some of the world’s leading companies.

The Family Enterprise Challenge (FAME) programme offers a unique environment for family businesses to better understand and address their specific issues. It provides an overview of the latest thinking and best practices on a wide range of family enterprise topics, using real family business cases. As importantly, it is designed so that participants can immediately apply the learning to their own situations, and experience a higher level of communication within their family groups.

Strict confidentiality is maintained throughout the course. This environment of trust allows personal discussions to take place within each family team and between members of different families. These exchanges are part of the richness of the programme and of the learning experience.

Click here for a synopsis of FAME and other open-enrolment programmes running in Abu Dhabi or download a copy of the Abu Dhabi leaflet.

Key benefits
  • Greater understanding of the challenges and dynamics of family businesses

  • Better insight into governance structures and processes

  • Smoother transitions

  • Improved personal communication skills

  • Enhanced dialogue within the family team

  • Adoption of fairer decision-making processes

  • Development of concrete family action plans

Related articles

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June 09

De sleutels tot een succesvol familiebedrijf; Tips van de internationale expert Randel Carlock (INSEAD)

Interview with Randel Carlock, Senior Affiliate Professor of Entrepreneurship and Family Enterprise, on what to do to keep the family specificity as an advantage and not a handicap to the growth of a company.

Al Eqtisadiah

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1 June 09

Lawsuit destroyed family business of 30 years from economic history

Article by Randel Carlock on the power of family leadership, with an example of a company that moved from the family business of the year to liquidation due to conflicts.

The Business Times

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10 Mar 09

Family businesses in strong position to survive downturn

Presentation of the findings of a study entitled ‘Family Business: In Safe Hands’ – interview with Professor Randel Carlock.

Emirates Business

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26 Feb 09

Porsche makes great cars, remember?

Article by Professor Randel Carlock on how Porsche, the family business, became the automobile industry leader.

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