ISB launches family business management programme

The Indian School of Business (ISB) has launched its new management programme for family business(MFAB), which has been specially designed to groom the younger generation of family-owned businesses for leadership.

The curriculum for MFAB, which will begin in January 2013, will focus on enhancing analytical and functional skills, strengthen strategy and leadership as well as bring to the fore solutions to unique family business related challenges. MFAB will support the business scions to realize their growth aspirations by providing modern management tools and help professionalize their businesses. It will equip them with diverse learning opportunities through interactions with world-class faculty, international exposure, industry interventions and experiential learning.

Spread over a span of fifteen months, MFAB has been contextualised to the needs of family businesses. It will be delivered in modules of seven days, every sixth week at the ISB campuses in Hyderabad and Mohali.

"Family-owned companies around the globe are currently facing unique challenges as they navigate a highly competitive business environment— developing their next generation leadership and managing succession, governance, generational struggles around business strategy and professionalization. We believe that MFAB will play a crucial role in addressing these complex challenges," said Kavil Ramachandran, professor, ISB