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Asian Family Business Program

Asian Family Business Program

Leading for Growth and Sustainability

Family businesses face unique challenges in managing and growing the business, while nurturing family relationships and maintaining stakeholder relationships. Differences in generations, ownership structures and business maturity require different strategies for continuous growth and sustainability in emerging Asia.

The Asian Family Business Program is specially designed to address the needs of Asian family businesses and to help family owners and leaders design the most appropriate governance and ownership structures for their businesses. The program also provides strategic frameworks for sustainable business growth relevant to Asian families by incorporating our faculty's in-depth knowledge of Asian markets. Through relevant Asian case studies and interactive panel discussions with prominent Asian family leaders, participants will be equipped with best practices in managing family firms.

Dates and Fees

  • Dates: 18–20 Nov 2013
  • Fees: SGD 4,380 (excl. GST)

Early Payment & Team Enrolment Savings

Enjoy savings if you pay early using Visa or MasterCard:

  • > 45 days before start of program: 10% savings
  • > 30 days before start of program: 5% savings

Team enrolment benefits are available, please contact Program Advisor for details.

Core Focus

  • Advantages and constraints of family businesses
  • Growing family businesses across generations
  • Leadership and ownership transitions
  • Designing the governance structures of family businesses
  • Growing the business for the future

How You Will Benefit

This program will enable you to:

  • Understand the unique advantage and issues of family control
  • Develop strategies for succession planning and to preserve wealth across generations
  • Design an effective Board of Directors
  • Acquire new insights and best practices from professors and fellow participants that can be transferred to the workplace

Application Deadline

  • One month before commencement of program
  • Participants are strongly advised to apply at least 2 months in advance
  • Applications received after the deadline will be considered based on space availability

Who Should Attend?

  • Family members with senior level responsibility for leading and managing their family-owned businesses
  • Board members of family-owned companies
  • Founders, successors or CEOs
  • Family members working in the company
  • Next generation family members
  • Non-family board members, CEOs or senior executives

Participants are encouraged to attend the program with at least two members of the same family-owned business to enable members to learn together and implement changes more efficiently.

Testimonials

"The Asian Family Business Program is an absolute necessity for leaders or supermen who are serious about continuity and succession. I am glad to have met many business family friends in the region."
Daniel Chian
Owner, Fairview Global

"Definitely worth attending as it brings more insight on running a family business."
Edwin Tan
Director, Hatten Group Sdn Bhd

"This is a very good course. It is the first course I have attended in a long time, and I realise the benefits of structured training and discussions."
Scott Martin
General Manager, PT Pluit Cold Storage

"If you are among the next generation of your family business, do take this course."
Lam Nguyen Yen Anh
Deputy Managing Director, Cho Ray – M&C Corporation

Program Director

Marleen Dieleman

Marleen Dieleman
Senior Researcher and Associate Director,
Centre for Governance, Institutions and Organizations

Dr Dieleman is Senior Researcher and Associate Director of the Centre for Governance, Institutions and Organizations at NUS Business School. She holds a PhD from Leiden University and a master’s degree in business administration from Rotterdam School of Management, both in The Netherlands.

At Leiden University she was Assistant Dean of Leiden University School of Management and Director of the MBA program. Dr Dieleman’s research interests are in Asian family businesses, in particular in Indonesia. Her publications include a book on the Salim Group, articles in academic journals, book chapters, cases and reports. Her work has been featured in international media such as the Financial Times, and in most newspapers in Indonesia and Singapore.

She has taught strategy and family business courses at different levels, including BBA, MBA and executive teaching for various large companies, and she is a frequent invited speaker on Asian family business.

Program Instructor

Yupana Wiwattanakantang

Yupana Wiwattanakantang
Associate Professor, NUS Business School
PhD, Hitotsubashi University

Dr Wiwattanakantang is an Associate Professor at NUS Business School. Her research and teaching interests are in the area of governance of family firms – in particular, the role of the founding family and the impact of family affairs on corporate behaviour, such as succession and firm performance. She is an expert on the value of political marriages to family firms, as well as the unique adoption practices carried out by Japanese family businesses that result in superior performance. To understand how various succession practices affect business survival, she is currently extending her research to include top family firms worldwide. In addition, she is also investigating the post-IPO evolution of family firms with respect to ownership and control, focusing on the reasons that lead to the retention or sale of the business, as well as the choice between family and non-family CEOs.

Dr Wiwattanakantang's research has been published in top-tier academic journals as well as cited by media such as the Financial Times. She has been invited to present her research at many central banks and renowned universities such as the Harvard Business School, Columbia University, INSEAD, London Business School and University of Tokyo.

Research

Family firm governance in Singapore:

  • Drawing a portrait of family firm governance in Singapore: A study of SGX-listed family firms
    by Marleen Dieleman, Yupana Wiwattanakantang and Shim Jungwook
    This study takes a first step in collecting and disseminating information on family firms listed on the Singapore Exchange (SGX). The report presents detailed statistics on family firm importance, ownership structure, board structure and director profiles, with the aim of teasing out family governance practices.

Teaching cases on Asian family firms (Harvard Business Publishing):

  • Learn what issues the Wang Group faced when recruiting an outside CEO to run the family business
    by Marleen Dieleman and Jonathan Ho Wye Kit
    The Wang Group was created by Alfred Wang in Hong Kong after fleeing China during the turbulence that marked the beginning of the communist regime. The successful diversified trading business was subsequently taken over by second son Charles in 1995. Charles wished to create a more sustainable family business, tuned in to today's global trends. He hired an outside CEO to implement his vision. The 2008 global economic crisis however, caught the company halfway through the reorganization and brought losses and the departure of the newly hired CEO. Charles had no other option than to again take up the top job and reconsider the path towards a sustainable future for the family firm.
  • Other cases studies authored/co-authored by Marleen Dieleman
Program Finder

More Information
   Apply online
   Join our mailing list
   Request for brochure
   Call Advisor : Yun Cheng +65 6601 3017
   Email advisor yuncheng@nus.edu.sg
  



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