Agenda | Faculty | Testimonials | Register

Effective family business boards harness the energy and commitment of key family members as stewards of the business and its legacy. Yet, many family directors receive little formal governance training and may feel challenged separating their role as a board director from the role they play in the family, ownership or management teams. As the business and the board changes, family directors are asked to grow and build new skills, which happens best with a plan, process, and investment in developing human capital.

Family Director Essentials is a two-day virtual live training experience that lays the groundwork for family directors to develop their own skills while gaining an understanding of how effective boards work. The program is designed to lead participants through learning, sharing, and planning to add value inside and outside of the boardroom.

In this program, family directors will learn the frameworks and concepts that will support their full contribution to the company’s strategy and long-term planning while best leveraging the perspectives they uniquely bring.

Program Dates and Times

  • Friday, October 4, and Friday, October 11, 9 AM to 4 PM CT

Overview

This highly interactive experience is designed to help develop participants through engaging content, peer discussions, and real-world case studies. Attendees will also connect and learn from the successes and challenges of other families in an open, confidential environment — fully supported throughout the program by expert facilitators.

Over the course of the program, participants will focus on:

  • The role of the board (advisory or fiduciary) in a family business
  • Effective board function, including the board’s relationship with the family and management
  • The specific value of family directors, independents, the chair, and committees and how to leverage those strengths
  • The behaviors that make a family director effective in the boardroom
  • Key skills and knowledge that family directors should have and/or develop
  • Navigating the unique tensions that family directors experience
  • Participants will also receive materials that support their learning and can be used as resources for their boards.

Our Virtual Delivery Model:

Most attendees will participate in the entire session live and meet with other family business leaders on-camera to build community and new connections during the session. High-speed internet is recommended. For those who cannot attend live, recordings of main stage sessions will be made available for 30 days after the program. Small group discussions cannot be recorded.

“I learned so much in this program! Was fun, inspirational (learn from other families), informative (from the experts), and great investment of my time.”
Julie Gore, W. L. Gore & Associates

Who Should Attend:

This program is designed for family members in a multi-generational family business who are current or potential future board directors for their family enterprise. This program may be especially valuable for:

  • Family directors who are either new to their role or looking for fresh ideas to further their development
  • Family members considering joining the board of directors
  • Board leaders (especially chairs, vice chairs, governance committee members) seeking to build board effectiveness
  • Family owners in the beginning phase of establishing a functioning board, growing or changing the board structure, or adding independent directors to their board

The program would be a good option for families who want to efficiently share common governance approaches with a group of family members/directors. We welcome groups of up to six attendees per family. Please note that advisors to family businesses and independent directors may attend only with family members.

Registration Fee

The $1750 registration fee includes two days of live instruction, networking opportunities, recordings of the main stage sessions, and additional resources. These materials will be available via a participant portal until November 15th, 2024.

Early registration is highly encouraged!

Please refer all registration questions to Sierra Moen at smoen@thefbcg.com or (773) 661-4417.

If you would like to discuss the program and whether it is a good fit for you, please contact Kristi Daeda at  kdaeda@thefbcg.com or (773) 784-5008.

Cancellation Policy

All cancellations and requests for refunds must be submitted to The Family Business Consulting Group via this cancellation form by September 20th, 2024, to receive a refund. There will be an administrative fee of $150 for any cancellations. Refund requests will be processed within 5 to 10 business days.