Family Governance Program (FGP)

Family Governance Program (FGP)

Preparing Family Enterprises for Sustained Success Across Generations

Development Solutions

About the Family Governance Program (FGP)

The Family Governance Program (FGP) is a transformative executive learning journey tailored for family business owners and next-generation leaders. FGP empowers families to navigate the delicate balance between ownership, governance, and management, while building alignment for long-term legacy and sustainability.

Participants explore the evolving needs of family enterprises through interactive learning formats and engaging dialogue. This program is not just informative, it’s mindset shifting.

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Program Objectives

FGP is designed for progressive family enterprises looking to:

  • Institutionalize their governance structures.
  • Separate ownership from daily management.
  • Overcome third-generation syndrome.
  • Build family alignment and continuity plans.
  • Sustain wealth and legacy across generations.

Participants Profile

This program is specially designed for family business owners (first, second or third generations), to increase the understanding of the unique characteristics of family businesses. It is designed for any family member who is a current or potential:

  • CHAIRMAN of the board
  • DIRECTOR of the board
  • SENIOR family member
  • Family members in managerial positions
  • Any interested family member
  • Non-family executives in family firms

Training Methodology

FGP is built around the proprietary LOGIC Family Governance Knowledge Wheel, a framework that aligns family business roles, responsibilities, and decision-making models. Key tools include:

Practical insights drawn from real organisational challenges.

Hands-on sessions designed to engage participants and deepen learning.

Collaborative tools that encourage participation and collective decision-making.

Expert-led talks offering unique perspectives and industry experience.

Immersive scenarios that build real-world decision-making skills.

The balance of academic knowledge and practical application ensures that every stakeholder, owners, next-gens, board members, and executives are equipped for impactful governance.

Program Themes

  • Global challenges facing family businesses
  • Building a legacy rooted in sustainability
  • Ownership aligned with the needs of the business
  • The Family Constitution
  • Leadership from the top: The art of chairmanship
  • What makes a board effective?
  • The CEO who creates real impact
  • Leadership overlap: Balancing the Chair and CEO roles
  • Transforming executive committees into strategic engines
  • Sustainable Succession: Passing the baton beyond titles
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Global Challenges for Family Businesses

Family businesses all over the globe face similar issues related to the business as well as the family. We will share most of them and discuss possible solutions. The module covers:

Key challenges facing family businesses

Deadly sins in family business

Conflicts between family members

Building a Legacy Rooted in Sustainability

A core objective for any family business is the sustainability of the business across as many generations as possible. Businesses should live longer than their founders. The module covers:

Ownership Aligned With Business Needs

Managing the family business and owning it are two very different things. All current and potential owners of a family business need to understand well how to own and control their business, even if they do not manage it.

The module covers:

  • Intro to being an owner
  • Types of owners
  • The ownership attitude
  • Preparing & nurturing good owners
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The Family Constitution

The family constitution is a statement of the principles that outline the family commitment to core values, vision, and mission of the business. It defines the relationships among the governance bodies and how family members can meaningfully participate in the governance of their business.

The module covers:

Family Policies:

  • Family Constitution
  • Family Shareholding Policy
  • Family Dividend Policy
  • Conflict Resolution Policy
  • Family Employment Policy
  • Family Director Nomination Policy
  • Family Education Policy
  • Family Institutions
  • The Family Assembly
  • The Family Council

Leadership from the Top: The Art of Chairmanship

Chairing a board is a critical role that requires a special skill set.

The module covers:

  • The most important questions chairmen need to ask
  • Guidelines for running effective board meetings

What Makes a Board Effective?

Boards are the core of implementing strong Corporate Governance practices. A family business must ensure the establishment and management of a strong board. The module covers:

Benefits of the board

Independent directors

The board roles

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The CEO Who Creates Real Impact

Transformative CEOs grow businesses and take them to other places. Their role is foundational. The first non-family CEO is usually facing substantial challenges.

The module covers:

  • What is the transformative CEO?
  • What should a transformative CEO do?
  • How do you do the transformation?

 

Leadership Overlap: Balancing the Roles of Board Chair and CEO
Should the Chairman and CEO of family businesses be one or two jobs? What defines the thin lines between their work? What grants a healthy relation between them?
The module covers:

  • What does it take to ensure separation of Chairman & CEO roles?
  • CEO – Chairman separation
  • What is the N-Seat Framework?

Transforming Executive Committees into Strategic Engines

Succession is the process of identifying high-potential individuals, evaluating and grooming their skills and abilities, and preparing them for leading managerial positions that are key to the success of the business.

The module covers:

  • Benefits of the board
  • Independent directors
  • The board roles

Sustainable Succession: Passing the Baton Beyond Titles

Succession is the process of identifying high-potential individuals, evaluating and grooming their skills and abilities, and preparing them for leading managerial positions that are key to the success of the business.

The module covers:

  • Family succession planning
  • Issues and challenges for the boards
  • Psychological barriers to succession planning
  • CEO succession planning
  • Steps to construct a CEO succession plan
  • Planning for the transfer of bus. Interest
  • Selecting the “right” CEO
  • Long term actions to support CEO succession
  • CEO reward strategies
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Program Outcomes

The FGP program provides a distinguished platform that brings together participants from different generations of family businesses, creating a rich environment for learning and interaction through:

  • Sharing experiences from diverse sectors.
  • Real stories that reveal common challenges.
  • Exposure to multiple successful governance models.
  • Trusted and confidential group discussions.

This experience goes beyond knowledge exchange—it builds long-term relationships among family business leaders, strengthens collaboration, and opens the door to future opportunities.

Program Lecturers

Program lecturers are consultants specialized in family governance.

Program Agenda

Intensive 4-day program
Location: Riyadh
Languages: Arabic & English

Cancellation Policy:

  • More than 45 days before the program: no deductions
  • 45–20 days before the program: 20% deduction
  • 20–10 days before the program: 50% deduction
  • Less than 10 days before the program: no refunds

 

 

Seats are limited; Register now to secure your place.

For enrollment or group bookings contact our team.

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