One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations. When done well, a program of family education offers many benefits including:
1) helping future owners prepare for their roles and responsibilities in the business and in the family;
2) providing a way to express interest in each individual;
3) providing a way to earn loyalty from family members; and
4) strengthening bonds among family members.
In the comprehensive book, Family Education: Strengthening Bonds By Learning Together, Family Business Consulting Group principals Amy Schuman and John Ward aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.
This brand new addition to the Family Business Leadership Series includes real stories from enterprising families. It covers, among other topics:
1). The Five Phases of Family Education.
2). How to develop your own family education curriculum.
3). Educating and keeping your family interested in the business.
4). How education can add to the longevity of your business.
As an added bonus, with the purchase of this book, you will receive an email address where you can contact our expert consultants and ask them questions related to your own family education needs at no extra cost.
“I would highly recommend Family Education for Business-Owning Families: Strengthening Bonds By Learning Together for anyone involved with the education of members of high net worth families. The book provides a insights into why education is critical to maintaining the family “glue” so necessary to keep business-owning families together over the long term. The authors include specific ideas on how to make your program a success, along with examples from real-life families. It is a quick read so you can get onto the business of creating a family education program.”
Joan M. Kampmeyer, CFA
Director of Education & Research