Post Graduate Program In Family Managed Business (FMB) May 14, 2012 Influencing Practice & Promoting Value Based Growth.

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Presentation transcript:

Post Graduate Program In Family Managed Business (FMB) May 14, 2012 Influencing Practice & Promoting Value Based Growth

What ? Training and developing sons and daughters of Family Managed Businesses What For ? To prepare them with appropriate Knowledge and Skill and Attitude to influence and eventually lead their family business. Influencing Practice & Promoting Value Based Growth

How ? Unique architecture 1 week in college, 3 week in business Learn from Prof, mentor & manager 18 months duration 3 phases each of 6 months What is ‘a’ business What ‘is’ my business What ‘will be’ my business Influencing Practice & Promoting Value Based Growth

Why a separate Program ? Scales – SME context v/s MNC Stakes – Face the music Scope – Functional v/s Holistic Unique Issues – ownership & family Influencing Practice & Promoting Value Based Growth

For whom ? Graduates from FMB Over 90% business in India FMB SME Need contextualization Influencing Practice & Promoting Value Based Growth

For what ? Key Learning objective Ability to make and execute sound Business Plan Role Plan & Family Plan Influencing Practice & Promoting Value Based Growth

What is the result ? Started on 1997 with 16 participants … over 17 years Today annual intake of 300 Over 3,000 alumni From 160 cities and towns from all over India & few from overseas But that is not all …. Influencing Practice & Promoting Value Based Growth

Triggered MDP programs OMP – for fathers WMP – for mothers BEP – for employees FMB awards Hundreds of seminars Introductions in Pakistan Explorations in Saudi, Indonesia, Vietnam and South Korea Influencing Practice & Promoting Value Based Growth

Aspirations Promote pride in being FMB It stands for Commitment, Trust and Long Term Relations Moving from India to Asia Influencing Economy, Employment, Society and families. Thank you Influencing Practice & Promoting Value Based Growth