INSEAD Family Enterprise Summit - Reimagining Family Businesses for Wealth Regeneration
INSEAD Family Enterprise Summit - Reimagining Family Businesses for Wealth Regeneration
Overview
In a time of unprecedent change – with significant technological, climate, societal and geo-political shifts among others, the conventional view is that such tumultuous terrains are a challenge to be managed by incumbents. Yet, this era also presents extraordinary opportunity for next generation leaders to discover new innovation strategies, wealth regeneration pathways and effective governance architecture that foster resilience for long-term success and sustainability of the family business.
This Summit focused on the theme "Reimagining Family Businesses for Wealth Regeneration" will address how business families while preserving their values, legacy and social capital could go back to their entrepreneurial roots as skilled founders & builders of organisations to engage and leverage talents of new generations, in ways that lead to wealth regeneration. These include practices and pathways for current and next generations of family to act as (i) founders & owners – rejuvenating existing businesses as well as incubating new ventures and as (ii) investors – backing new ventures that drive commercial, social and environmental impact.
The Summit aims to stimulate novel thinking on these issues through an ecosystem approach, with opportunities for frank discussions and knowledge sharing among a diverse set of experienced next-generation families, first-generation founders, investors, professional executives and advisors. Together with the Summit Chair, Bala Vissa, INSEAD Professor of Entrepreneurship and Family Enterprise, we invite members of family businesses to join us for an exclusive experience where we put together plenary sessions led by leading academic experts, fireside chat with distinguished family business practitioners, workshops to facilitate in-depth interactions and exchange.
Limited seats are allocated for third-party service providers to family enterprises who are invited by a member of a family business to ensure an atmosphere of trust and confidentiality applying Chatham house rule.
May we encourage you to register as soon as possible to secure your seat and book your hotel accommodation early as demand is high during this period.
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.
Day 1 - Monday, 24 June 2024 | |
|---|---|
| 8:30 - 9:00 | Registration and Welcome Coffee & TeaVenue: Outside Amphi Maag, Off Camembert |
| 9:00 - 9:05 | Welcome and IntroductionVenue: Amphi Maag, Off Camembert Sonia Tatar, Executive Director, INSEAD Wendel International Centre for Family Enterprise and INSEAD Corporate Governance Centre |
| 9:05 - 9:20 | Opening Remarks and Setting the StageBalagopal Vissa, Professor of Entrepreneurship and Family Enterprise at INSEAD and the André and Roslie Hoffmann Chaired Professor of Family Enterprise |
| 9:20 - 10:05 | Academic Session: Deep Dive on External Challenges – Digital DisruptionNathan Furr, Professor of Strategy at INSEAD |
| 10:05 -10:35 | Coffee Break & Networking |
| 10:35 - 11:35 | Academic Session: Deep Dive on External Challenges – SustainabilityLudo Van der Heyden, Emeritus Professor of Technology and Operations Management and INSEAD Chaired Professor of Corporate Governance Fireside chat with guest speaker:Dominique Moorkens, Honorary Chairman of the board of Alcopa |
| 11:35 - 12:05 | Fireside Chat: Fostering Resilience in Family Firms in the Era of DisruptionsTimothy Cosulich MBA'08J, IDP-C'16Oct, CEO and Board Member of Fratelli Cosulich Group |
| 12:05 - 14:00 | Networking Lunch at the Cercle |
| 14:00 - 14:45 | Academic Session: Corporate Venturing – Rewiring the Entrepreneurial DNA in A Family BusinessClaudia Zeisberger, Senior Affiliate Professor of Entrepreneurship and Family Enterprise at INSEAD and Founder, Global Private Equity Initiative (GPEI) |
14:45 - 15:15 | Fireside Chat: Lessons on Leading Innovation in Family BusinessesSéverine Mulliez, Supervisory Board Member of AFM (Association Familiale Mulliez) and entrepreneurial families coach on onboarding new generations, family governance and succession issues |
| 15:15 - 15:45 | Coffee Break and Networking |
| 15:45 - 16:30 | Panel Discussion: Partnering with Private Capital to Enable InnovationAndreas von Specht, Family Shareholder and Non-Executive Director of Berenberg Bank and Shareholder of Bergos Bank AG |
| 16:30 - 16:45 | Wrap-Up and Closing RemarksBalagopal Vissa, Professor of Entrepreneurship and Family Enterprise at INSEAD and the André and Roslie Hoffmann Chaired Professor of Family Enterprise |
| 16:45 -18:30 | Free time to refresh and change in preparation for group dinner (Shuttle bus pick up available at 18:30 from Plessis Mornay Building.) |
| 19:00 | Networking Cocktail & Dinner with Group Photo |
| 22:00 | Departure from Dinner Venue (Shuttle bus drop off at Plessis Mornay Building) |
Day 2 - Tuesday, 25 June 2024 | |
|---|---|
| 9:00 - 9:10 | Reflections and Takeaways from Day 1 and Introduction to Day 2Venue: Amphi Maag, Camembert Balagopal Vissa, Professor of Entrepreneurship and Family Enterprise at INSEAD and the André and Roslie Hoffmann Chaired Professor of Family Enterprise |
| 9:10 - 10:00 | Workshop on The Path to Launching your Next Generation of Family BusinessesFacilitated by Joachim Vandaele MBA'10D, Founding Partner of Wright Partners; Lecturer and Entrepreneur-in-Residence at INSEAD; Board Member, Trusted Family |
| 10:00 - 10:30 | Academic Session on Effective Corporate Governance in Family FirmsStanislav Shekshnia, Senior Affiliate Professor of Entrepreneurship and Family Enterprise at INSEAD |
| 10:30 - 11:00 | Networking Coffee Break |
| 11:00 - 11:30 | Academic Session on Designing the Blueprint on Family GovernanceChristine Blondel, Programme Director, Family Enterprises - Engaging Generations for the Long Term (FEEL) Programme and Lecturer in Family Business at INSEAD and advisor to family businesses |
| 11:30 - 12:20 | Workshop on Dualities of Governance in Family Firms: Governing the Business and the FamilyStanislav Shekshnia, Senior Affiliate Professor of Entrepreneurship and Family Enterprise at INSEAD |
| 12:20 - 12:50 | Fireside Chat on The Need To Reinvent Family Governance in Accordance With Business GovernanceJens von Wackerbarth MBA'94J(representing 6th gen in a German business family) |
| 12:50 - 13:20 | Closing Address by Dean of INSEADFrancisco Veloso, Dean of INSEAD and Professor of Strategy |
| 13:20 - 13:35 | Summit Takeaways and Closing RemarksBalagopal Vissa, Professor of Entrepreneurship and Family Enterprise at INSEAD and the André and Roslie Hoffmann Chaired Professor of Family Enterprise |
| 13:35 onwards | Lunch Bags provided outside Amphi Maag Departure from INSEAD |
Speakers & Panellists
We are in the process of updating the speakers list. Do visit this page to get the latest updates on speakers.
Guest of Honour
Professor of Strategy
Presiding Faculty and Host
Professor of Entrepreneurship and Family Enterprise
Executive Director of INSEAD Corporate Governance Centre and INSEAD Wendel International Centre for Family Enterprise
Faculty and Lecturer
Professor of Strategy
Emeritus Professor of Technology and Operations Management
Senior Affiliate Professor of Entrepreneurship and Family Enterprise
Associate Professor of Entrepreneurship and Family Enterprise
Senior Affiliate Professor of Entrepreneurship and Family Enterprise
Guest Speakers and Panellists
Honorary Chairman of the Board, Alcopa
CEO and Board Member, Fratelli Cosulich Group
Supervisory Board Member of AFM (Association Familiale Mulliez) and entrepreneurial families coach on onboarding new generations, family governance and succession issues
Former Secretary General of CREADEV, Board Member of METI (Mouvement des Entreprises de Taille Intermédiaire) and President of SMT Consulting
Family Shareholder and Non-Executive Director of Berenberg Bank and Shareholder of Bergos Bank AG
Managing General Partner and Co-Founder, Experior VC and Founder, European Women in VC
Founder, Aries Holdings
Jens von Wackerbarth MBA'94J
Family Business Guest Speaker (Representing 6th Gen in a German Business Family)
Moderators & Facilitators
Distinguished Fellow, INSEAD Wendel International Centre for Family Enterprise Entrepreneur-in-Residence, INSEAD Centre for Entrepreneurship Business & Brand Strategist, Senior Advisor, Martin Roll Company
Founding Partner of Wright Partners; Lecturer and Entrepreneur-in-Residence at INSEAD; Board Member, Trusted Family
Fees
Please refer to the table below for the fee category which are inclusive of prevailing tax (VAT) according to the law and regulations applicable in France.
| EUR 150 |
| EUR 500 |
| EUR 550 |
| EUR 600 |
| EUR 650 |
Cancellation policy
Please take note of the cancellation policy that will be applied for this event.
- Full refund for cancellation request made by 23 May 2024
- 50% refund for cancellation request made between 24 May to 7 June 2024
- No refund for cancellation request made after 7 June 2024
Practical information
Getting to INSEAD
INSEAD Europe campus is just 65km south of Paris. The Fontainebleau/Avon train station is located 3km from INSEAD. You may refer to the campus map here.
Taxi reservations
Should you wish to make a taxi booking, please contact the ResaTaxiPro transfer company using their website (Tel: +33 6 78 78 17 81). Please note that facemasks are mandatory in the vehicle.
Dress code
The dress code is business casual for on-campus events.
Photos and videos
Please take note that we have engaged an official photographer who will take photos of the sessions during the course of the two-day Summit and group photo will be taken on Monday afternoon, 24 June.
Accommodation
There are several hotel options within the vicinity of the INSEAD Fontainebleau campus.
You like to refer to the hotel options listed here to secure your accommodation ahead of time as demand during this period is high.
Pre-Reads
For Academic Session: Deep Dive on External Challenges – Digital Disruption (supplementary reads)
- Don’t Put a Digital Expert in Charge of Your Digital Transformation by Nathan Furr, Jur Gaarlandt, and Andrew Shipilov, Harvard Business Review, August 05, 2019
- Digital Doesn’t Have to Be Disruptive by Nathan Furr and Andrew Shipilov, Harvard Bussiness Review Magazine (July-August 2019)
For Academic Session: Corporate Venturing – Rewiring the Entrepreneurial DNA in A Family Business
3. Corporate Venturing and Innovation: Driving Growth and New Business Development by Sara Lim, MBA ‘19J and Alexandra von Stauffenberg, MBA ‘14D, under the supervision of INSEAD Professors Claudia Zeisberger, Vikas Aggarwal and Vibha Gaba
For Academic Session on Effective Corporate Governance in Family Firms
4. How to Be a Good Board Chair by by Stanislav Shekshnia, Harvard Business Review Magazine (March–April 2018)
5. Building Your First Board: Lessons for Founders by Stanislav Shekshnia and Vip Vyas, INSEAD Knowledge, 13 May 2024
