Program Highlight
For creating value based, sustainable and growth-oriented systems in companies, so that the business becomes worthy of handover to the next generation.
Importance of this training program
There are businesses of different kinds and sizes using different business models to run them. But you will find only few companies which are professionally run and successful, thereby the failure rate is high and ratio of survival is dismally low. The main reason for this is a lack of awareness of proper business governance, processes and systems for running a company effectively, and this training program nurture and develop talent that becomes self-sufficient and
will address all these issues.
Business owners’ training program can help to make a real difference to a company’s performance. It takes you through the mechanisms of the best performing organizations, and helps you explore your own challenges and explains about a practical and pragmatic approach – because all business entities have a unique role and responsibilityto its stakeholders.
Who should attend this program?
Owners of well-run companies, promoters, partners and proprietors and top managers of large business groups. They will get an opportunity to update their management skills, discharge their duties and responsibilities to the shareholders and other stakeholders of the Company, and keep abreast of new rules and regulations and market trends.
Medium and large private sector entities mostly family run. This program will help to professionalize the management and operations of these companies.
Start-Up companies in nascent stages. Board members of these companies could be educated on systems and procedures required to run the companies effectively and efficiently and make their Business House ready to take off / attract investors at any stage by building strong foundations.
Faculty
CA Shaji Varghese
Founder and Principal Consultant, Rho Consulting
Mr. Shaji Varghese who has about three decades of Industry experience and has headed Corporates from strategic positions can help re-lay the foundation of your business helping to strive towards progress and healthier profits by implementing better governing systems, keeping the values which have been upheld so far. Armed with such an experience over the years, Mr Varghese spins success with a unique human-centred approach enabling companies to nurture and develop talent that becomes self-sufficient and self-motivated over time. He takes a special interest in Lifecycle Management, Growth & Succession Planning in family business and Business Process Optimization. He played active leadership roles in Industry / Trade / Social Associations on a National level and contributed significantly.
Most business houses are family run and the succession rate of family run business is low, not because the choice of business model is wrong, but because of poor succession planning, family conflicts, lack of family governance, dissimilarity in vision between generations etc. Our expertise extends in bringing corporate efficiency, professionalization and internal controls so that your business is solid and intact when you are ready to hand it over to your successors.
TOPICS :
- Family Business — Family Governance vs Business Governance
- Importance of the Company’s Vision, Mission and Business Plans
- Finance for Non-Finance Business Owners
- Responsibilities of Top Management — Informed Decision Making, Effective Management Meetings
- Finetuning existing system to get a better edge before scaling up operations
- Legal / Statutory Obligations
- Costing and Cost Control
- Monetary Benefits, Importance of Periodic Reviews, Health Check of the Organization
- Importance of Market Research and Strategy
- Human Resource — Optimum Manpower Utilization, Effective Employee Engagement
- 360 Degree Operational Tips for CEOs across industries
- Case Studies — Successful & Failed Business Models