Skip to main content

Professionalizing the Family Business - The RIGHT Way

You are a startup success. Fine! But if you want to achieve your bigger ambitions and sustain the continued growth of your family business, you need to professionalize it the RIGHT way.

According to Dr. Eric Flamholtz, author of the book on family businesses, Growing Pains, businesses go through stages of development: new venture, expansion and growth stage, then comes professionalization. The new venture and expansion stages constitute the entrepreneurial phase of an organizational development. It is during this phase that the need to make the transition from entrepreneurship to a professionally-managed, entrepreneurially-oriented organization begins to occur.

Those family businesses who were able to transition successfully experience a more rewarding and fulfilling journey in growing their businesses. However, to most families, this becomes a challenge.

To address the clamor of founders, family members of second, third, and fourth generation, business owners, entrepreneurs and anyone who wanted to learn the science of professionalizing family businesses, the Center for Global Best Practices will host a pioneering training entitled, Professionalizing the Family Business – The RIGHT Way to be held on Friday, March 8, 2019 at the Manila Marriott Hotel, Pasay City, Philippines.

This special program is designed to help founders, family business owners, successors, professionals in family business, and business consultants understand the challenges and the changes that must be implemented to professionalize their companies effectively. As the company cannot merely add people, money, equipment, and space to cope with its development, it must undergo a transformation or metamorphosis to a more improved organization. This way, business owners can confidently turn over its business to the next generation of owners and to ensure the longevity of one’s organization.

This special program will feature, Jacob Cabochan, who was the director of the Family Business Development Center of John Gokongwei School of Management at the Ateneo de Manila University (2012-2013). He specialized in family enterprise management, professionalizing the family business and crafting family constitutions. He completed his Bachelor of Science (Magna Cum Laude) in Management from the Ateneo de Manila University. He also holds a certificate on Family Business Advising from the Family Firm Institute (FFI) Boston, MA and on Family Dynamics and Counseling from the Center of Family Ministries, Ateneo de Manila University. At present, he is managing a family business with over 100 branches.

Whether you are a single-family or multi-family business structure, a startup or an established family business, this program will help you professionalize it the RIGHT way!

Interested participants may choose to avail of the following:
a) 5% Early Registration Discount (valid until February 8)
b) 5% Early Payment Discount (valid until February 28)
c) 5% Group Discount

Note: Registration is open to the general public. CGBP is accredited by the Securities and Exchange Commission and Bangko Sentral ng Pilipinas on corporate governance for board directors.

It is also accredited by the Civil Service Commission. Attendees from the government can earn points for their career advancement and are exempted from the Php 2,000 limit when attending training conducted by the private sector based on DBM circular 563 dated April 22, 2016.

You may also find of interest the following Best Practices programs:
1)Manager Effectiveness Program
    Wednesday and Thursday, February 13 & 14, 2019

2) Best Practices Guide on How to Import Goods to the Philippines
     Wednesday, March 6, 2019

3) 2019 MCLE Program
     Wednesday - Saturday, March 13 - 16, 2019

4) Best Practices in Managing Cost and Profit
     Wednesday & Thursday, March 27 & 28, 2019

5) Best Practices in Implementing Effective Business Controls (CPD-Accredited)
     Friday, April 12, 2019

6) How to Structure and Compute Salaries, Wages and Benefits
     Wednesday, April 24, 2019

7) Best Business Practices on How to Set Up an Internal Audit System
     Wednesday & Thursday, May 29 & 30, 2019

8) How to Really Read Financial Statements
    Wednesday & Thursday, July 10 & 11, 2019

9) Best Practices on How to Conduct Strategic Planning and Prepare Strategic Action Plans
     Friday, July 12, 2019

10) How to Use Parliamentary Procedures for Effective Meetings
       Friday, July 26, 2019

11) Best Practices in Succession Planning
       Friday, September 6, 2019

12) Corporate Governance Board Effectiveness Best Practices
       Friday, November 8, 2019

13) Best Practices in Managing Financial Performance
       Wednesday & Thursday, November 27 & 28, 2019

14) More at www.cgbp.org

For inquiries, you may contact
Center for Global Best Practices
Telephone Numbers:
Metro Manila: (+63 2) 842-7148 or 59 (+63 2) 556-8968 or 69
Baguio City: (+63 74) 423-2914
Cebu City: (+63 32) 512-3106 or 07
Legaspi City: (+63 52) 736-0148

CGBP also accepts in-house training and consulting for individuals, families, and corporate clients. We invite you to check our website for a complete list of Best Practices programs.

#BestPractices #UpcomingSeminars2019 #CSCAccredited #FamilyMatters#FamilyBusinesses #familyoffice #familybusinesses #familyowned #entreprenuers #businessdevelopment #businessowners #businessandmanagement #businessgrowth #businessstrategy #managementdevelopment
Labels:

Comments

Post a Comment

Popular posts from this blog

2019 Revised Corporation Code of the Philippines

The 2019 Revised Corporation Code of the Philippines that took effect last February 21 will have tremendous impact on all corporations in the Philippines. To educate corporations about this, the Center for Global Best Practices will host a special program entitled 2019 Revised Corporation Code of the Philippines to be held on Thursday, April 11, 2019 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. This program is designed to help you in your compliance, in structuring your deals and to avoid the legal pitfalls when making decisions in board and management meetings or when doing business and investing in the Philippines. The new legal framework introduces fresh concepts aligned with international best practices aimed at improving ease of doing business in the country. This program is SEC-Accredited for corporate governance. Board directors and top management attending this training will greatly benefit from this learning event. This one-day training will...
Post a Comment
Read more

Don't leave your success to chance!

Letters of Credit (LC) is one of the safest and most reliable commercial payment instrument and most commonly used in international trade transactions. With the ASEAN integration and expected increase in global trade, many businesses want to learn how to use this mode of payment. To help businesses effectively use LCs, the Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will host a two-day training entitled, Mastering the Useof LC for Import & Export to be held on Thursday & Friday, April 25 & 26, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. This program will guide you on everything you need to know about LC transactions and operations. Attendees will learn practical steps and valuable tips in issuing proper LCs and how they work, what to do to avoid pitfalls, and actions to take in cases of discrepancies. Discussion will also cover revised regulations and applications of UCP 600 involving letters of cr...
Post a Comment
Read more

BIR Computerized Accounting System Compliance for Medium and Large Taxpayers

There are over 3,780++ large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS). This becomes relevant also to the top 500 medium-sized provincial taxpayers in every revenue district which has the equivalent classification of a large taxpayer. To help medium and large taxpayers regarding their compliance issues, the Center for Global Best Practices is launching a training entitled, “ BIR Computerized Accounting System Compliance for Medium and Large Taxpayers ,” scheduled on Friday, February 15, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. With the activation of the BIR special task force called Computerized Systems Evaluation Team (CSET) to monitor medium and large taxpayers, one can expect more active campaigns and stricter enforcement from the tax authorities. The lecture will include discussions on the regulations and rulings, presentation of ...
Post a Comment
Read more