FAMILY BUSINESS COURSES & PROGRAMS
African Family Firms helps to professionalise family firms through personal, professional and community development.
AFF offers a range of courses specifically designed for families in business. AFF courses are the only ones in Africa that specifically address the challenges of family business in relation to the country they are in and the unique nature of the communities and cultures we serve. All courses have limited availability to ensure members receive maximum benefit from participation. We strongly recommend that attendees bring key members of their family and management team. Experience has taught us families in business who embrace courses collectively realise a greater benefit.
FAMILY BUSINESS DIRECTORS COURSE
This course will help you understand your duties and responsibilities, and how to structure a board appropriate to your family business needs.
This is the only directors’ course specifically designed for family businesses in Africa and specifically the country of operations.
◦ Two-day course
◦ Understand the unique challenges family business directors face
◦ Define the core areas of legal responsibilities for directors
◦ Consider the options for structuring a board of directors to suit your family business
Who should attend:
Executive and non-executive Directors of family businesses, CEOs and senior managers of family businesses, and Family business shareholders.
PLANNING SUCCESSION FOR FAMILY BUSINESS
This course is designed for everyone in family business at any stage – it is never too early to start thinking about your transition strategy.
◦ One day course
◦ Understand the fundamental ground rules for leadership succession
◦ Determine the key challenges of succession and how to manage these successfully
◦ Identify the personal attributes and characteristics that can assist in identifying successors
Who should attend:
Current and future leaders and managers of the family business. Non-family executives and other key stakeholders in the transition process.
FINANCIAL ESSENTIALS FOR FAMILY BUSINESS
This course provides a comprehensive understanding of business performance, enabling you to identify any warning indicators and assess the true value of your business to assist in making informed and effective decisions for the future.
◦ One day course
◦ Develop your key indicators for you to monitor the true performance of your business
◦ Learn how to use specific tools to enable directors to make accurate solvency judgements
◦ Use financial information correctly for strategic decision making
Who should attend:
Directors and shareholders, Senior management teams, and Future leaders and managers of the family business.
FAMILY BUSINESS
ESSENTIALS
This workshop provides you and members of your family business with the opportunity to spend half a day focussing on where your business is at, what areas need attention, and what you need to do from here.
◦ Half day course
◦ Understand the key elements of a successful family business
◦ Identify how those key elements apply to your family business
◦ Identify areas of your family business that require focus and prioritise them
◦ Develop an action plan to take back to your business to refine and implement
Who should attend:
All family members involved in strategically guiding the business. This course is particularly useful for family businesses that do not have the wisdom of previous generations to draw upon.
FAMILY BUSINESS WORKSHOP SERIES
These are a needs specific offering that differ from region to region. Please contact admin@africanfamilyfirms for assistance on local offerings near you.