Family Enterprise Day

Next-Gen Here to Shape the Future of Family Businesses

Successful family business owners have a long view on prosperity and posterity. The transition of leadership and control from the founders to the next generations is a necessary yet complex process. Besides the emotional aspect of trusting the Next-Gen to perpetuate the vision for the business, the founders would have to strike the right balance between supporting and challenging for the long-term sustainability of the business.

On the other hand, the Next-Gen has to navigate the evolving economic landscape to anticipate the emerging trends and define what it means for the future of their family business. This could result in the reviewing of business strategy to drive positive environmental and social impact, changing the business model, investing in new ventures, divesting in others, diversifying its family office portfolio, or even transferring the legacy business.

The transition from the stewardship of owners and founders to the leadership of Next-Gen is an opportunity for business transformation. Next generation leaders are motivated to perpetuate the legacy with renewed perspective on family enterprise governance and its patriarchal structure while keeping family values at the core. They often play a key role in professionalising the family enterprise and fostering the structures for better family communication and wealth management for long-term growth.

Join us for the virtual Family Enterprise Day as we glean insights from academic experts, distinguished family enterprise guest speakers and MBA panelists on some of the key challenges and opportunities facing Next-Gen transition in family businesses today. Engage with us for a stimulating exchange on:

Processes involved in Next-Gen Transition
Navigating the Dynamic Duality of Challenge and Support
Empowering Next-Gen for success

We welcome all registered participants to an inspiring 2.5-hour session of learning and exchange!

For any additional information, feel free to contact us directly at [email protected] .

Agenda

The agenda is tentative and subject to changes. Be sure to check it regularly for updates.
Please note that the timings reflected below are based on CEST.

Saturday, 25 September 2021
9:00 - 9:05	Welcome and Opening Remarks Sonia Tatar, Executive Director, INSEAD Wendel International Centre for Family Enterprise and INSEAD Corporate Governance Centre
9:05 – 9:25	Fireside Chat on "Driving Responsible Ownership: Next generation’s leadership opportunity" Ramya Krishnaswamy, Head of ESG initiative and Institutional Communities, Member of the Executive Committee, World Economic Forum Moderated by Morten Bennedsen, Professor of Economics, The André and Rosalie Hoffmann Chaired Professor of Family Enterprise, Academic Director, INSEAD Wendel International Centre for Family Enterprise, Co-Director of the Hoffmann Research Fund
9:25 – 10:05	Academic Panel on “Legacy, Succession and the Transition Roadmap” Morten Bennedsen, Professor of Economics, The André and Rosalie Hoffmann Chaired Professor of Family Enterprise, Academic Director, INSEAD Wendel International Centre for Family Enterprise, Co-Director of the Hoffmann Research Fund at INSEAD Vikas Mehrotra, Professor of Finance at the University of Alberta School of Business Moderated by Morten Bennedsen, Professor of Economics, The André and Rosalie Hoffmann Chaired Professor of Family Enterprise, Academic Director, INSEAD Wendel International Centre for Family Enterprise, Co-Director of the Hoffmann Research Fund
10:05 – 10:10	Stretch Break
10:10 - 11:05	Family Business Panel on “Next-Gen as Catalyst for Business Transformation” Musaab Al Muhaidib, Board Member of Al-Muhaidib Group, Shaker Group, Dur Hospitality, and SABBAR Company, Chairman of Ebda Entertainment and Seedra Ventures and Chief Executive Officer of Al Muhaidib Entertainment Ventures Timothy Cosulich, CEO, Fratelli Cosulich Group Ho Ren Hua, CEO, Thai Wah Public Company Ltd. Ho Ren Yung, SVP, Brand HQ at Banyan Tree Group Mariana Zobel de Ayala, Board Member and/or Advisory Committee Member for a number of Ayala Group companies, across Ayala Land, AC Health, Ayala Group’s ACTIVE Fund and BPI’s Asset Management and Trust Company and Vice President, Bank of the Philippine Islands Moderated by Martin Roll, Distinguished Fellow, INSEAD Wendel International Centre for Family Enterprise, Entrepreneur-in-Residence, INSEAD Centre for Entrepreneurship, Business & Brand Strategist, Senior Advisor, Martin Roll Company
11:05 - 11:25	MBA Panel on “Insights on the Transition Journey” Reflections and perspectives by current INSEAD MBA students Moderated by Martin Roll, Distinguished Fellow, INSEAD Wendel International Centre for Family Enterprise, Entrepreneur-in-Residence, INSEAD Centre for Entrepreneurship, Business & Brand Strategist, Senior Advisor, Martin Roll Company
11:25 - 11:30	Wrap Up and Closing Remarks Sonia Tatar, Executive Director, INSEAD Wendel International Centre for Family Enterprise and INSEAD Corporate Governance Centre

Speakers & Panelists

We are in the process of updating the speakers list. Do visit this page to get the latest updates on speakers.

Fireside Chat Speaker

Ramya Krishnaswamy
Head of ESG initiative and Institutional Communities,
Member of the Executive Committee, World Economic Forum

Faculty and Academic Speakers

Morten Bennedsen
Professor of Economics,
The André and Rosalie Hoffmann Chaired Professor of Family Enterprise,
Academic Director, INSEAD Wendel International Centre for Family Enterprise,
Co-Director of the Hoffmann Research Fund

Vikas Mehrotra
Professor of Finance
University of Alberta School of Business

Distinguished Family Business Guest Panelists

Musaab Al Muhaidib
Board Member of Al-Muhaidib Group, Shaker Group, Dur Hospitality, and SABBAR Company
Chairman of Ebda Entertainment and Seedra Ventures
Chief Executive Officer of Al Muhaidib Entertainment Ventures

Timothy Cosulich
CEO, Fratelli Cosulich Group

Ho Ren Hua
CEO, Thai Wah Public Company Ltd.

Ho Ren Yung
SVP, Brand HQ at Banyan Tree Group

Mariana Zobel de Ayala
Board Member and/or Advisory Committee Member for a number of Ayala Group companies, across Ayala Land, AC Health, Ayala Group’s ACTIVE Fund and BPI’s Asset Management and Trust Company
Vice President, Bank of the Philippine Islands

Moderator

Martin Roll
Distinguished Fellow, INSEAD Wendel International Centre for Family Enterprise
Entrepreneur-in-Residence, INSEAD Centre for Entrepreneurship
Business & Brand Strategist, Senior Advisor, Martin Roll Company

Host

Sonia Tatar
Executive Director,
INSEAD Wendel International Centre for Family Enterprise
INSEAD Corporate Governance Centre

Pre-reading Material

To enrich your learning, we would suggest that you access the following pre-reading material before the session:

Book Chapter from "The Essence of Family Firms and Long-Term Planning" written by Morten Bennedsen
Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation by World Economic Forum

Read about our unique offer for INSEAD students and alumni: Family Business Next-Gen Mentoring Program

Practical Information

Technical requirements

Please click here to check in advance that you have the required system and technical configurations to support the webinar which will be hosted on Zoom conference platform.

Webinar access

We encourage you to join the webinar at least 5 minutes before the session begins to ensure that you have a proper connection ready.

Webinar etiquette

To faciliate smooth running of the agenda, we will appreciate your cooperation as we follow these etiquette:

During the webinar, everyone will muted and your video is turned-off by default
Please use the Q&A tab if you have a questions for the speakers
The chat box is disabled
The webinar is being recorded.

For further technical support, please contact us at [email protected] for assistance.

Webinar Recordings and Slide Deck
Click here for the playlist or access individual sessions below

Part 1 - Fireside Chat on "Driving Responsible Ownership: Next generation’s leadership opportunity"

Part 2 - Academic Panel on “Legacy, Succession and the Transition Roadmap”

Download presentation slide deck by Prof. Vikas Mehrotra
Download presentation slide desk by Prof. Morten Bennedsen

Part 3 - Family Business Panel on “Next-Gen as Catalyst for Business Transformation”

Contact

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