Governing Board
Anil Ambani*
Group Chairman and CEO
Reliance Anil Dhirubhai Ambani Group
Bernard Arnault
Chairman and CEO
LVMH
Uday Kotak*
Executive Vice Chairman
and Managing Director
Kotak Mahindra Bank Limited
Anil Kumar*
Director
McKinsey & Company, Inc.
Rahul Bajaj*
Chairman
Bajaj Auto Limited
Arjun Malhotra
Chairman and CEO
Headstrong Corporation
Manvinder S Banga
President - Foods
Unilever Plc
Harish Manwani*
President, Unilever Plc
Asia & Africa Chairman,
Hindustan Unilever Limited
Scott Bayman
Former President and CEO
GE India
Kiran Mazumdar-Shaw*
Chairman and Managing Director
Biocon India Limited
Riley Bechtel
Chairman and CEO
Bechtel Group, Inc.
Lloyd C Blankfein
Chairman and CEO
The Goldman Sachs Group, Inc.
Robin Buchanan
Dean
London Business School
Ronnie Chan
Chairman
Hang Lung Development Company
Purnendu Chatterjee*
Chairman
The Chatterjee Group
Aman Mehta
Former Chief Executive Officer
HSBC Limited
Heinz-Werner Meier
Chairman of Management Board
and Senior Vice President
Sanofi - Aventis Deutschland GmbH
Victor Menezes
Former Senior Vice Chairman
Citigroup
Lakshmi Mittal*
President and CEO
ArcelorMittal
Rakesh Bharti Mittal
Vice Chairman
Bharti Enterprises
Keki Dadiseth*
Chairman
Omnicom India
Sunil Bharti Mittal*
Chairman and Managing Director
Bharti Enterprises
Michael S Dell
Chairman of the Board
Dell Inc.
Yoshihiko Miyauchi
Chairman and CEO
Orix Corporation
Yogesh Deveshwar*
Chairman
ITC Limited
Jurgen Fitschen
Member of the Group Executive Committee
Deutsche Bank AG
Adi Godrej*
Chairman
The Godrej Group
Pawan Munjal*
Managing Director and CEO
Hero Honda Motors Limited
Sunil Kant Munjal*
Managing Director
Hero Corporate Services Limited
James Murdoch
Non-Executive Director and Chairman
British Sky Broadcasting
Prabhu Goel
Founder and Chairman
Signet Solar Inc.
N R Narayana Murthy*
Chief Mentor
Infosys Technologies Limited
Rajat Gupta*
Chairman, ISB
Senior Partner Emeritus,
McKinsey & Company, Inc
Shiv Nadar*
Founder
HCL Technologies Limited
Vinita Gupta
Founder
Quick Eagle Network
Sanjay Nayar*
CEO
KKR India
Vinod Gupta
Founder and CEO
infoGROUP, Inc.
Vikram S Pandit
Chief Executive Officer
Citigroup Inc
Urs Hofmann
Managing Director
Credit Suisse Group
Donald Jacobs
Dean Emeritus
Kellogg School of Management
Dipak Jain
Dean
Kellogg School of Management
K V Kamath*
Managing Director and CEO
ICICI Bank Limited
Vinod Khosla
General Partner
Kleiner Perkins Caufield & Byers
Bon-Moo Koo
Chairman
LG Chemical Ltd. / LG Electronics Inc.
Deepak Parekh*
Chairman
HDFC
Rajendra Pawar*
Chairman
NIIT Limited
Teh Kok Peng
President
GIC Special Investments Pte Limited
G V Prasad*
Vice Chairman and Managing Director
Dr Reddy’s Laboratories Ltd
N Prasad*
Group Chairman
VANPIC
Atul Punj*
Chairman
Punj Lloyd Limited
Srini Raju*
Managing Director and Co-Founder
Peepul Capital
Ajit Rangnekar
Dean
Indian School of Business
Girish Reddy*
Founder
Prisma Capital Partners LP
Syam Prasad Reddy*
Chairman and Managing Director
Indu Projects Ltd
Thomas Robertson
Dean
The Wharton School
Arun Sarin
Chief Executive
VODAFONE Group Plc
James Schiro
Chief Executive Officer
Zurich Financial Services
Ajay Shah
Founder and CEO
Shah Capital Partners
Analjit Singh*
Chairman
Max India Limited
K P Singh*
Chairman of the Board
DLF Limited
Pramath Raj Sinha*
Founding Dean, ISB
Founder and Managing Director,
9.9 Mediaworx Pvt Ltd
Charles Miller Smith
Chairman of the Board
Scottish Power Plc
Martin Sorrell
Chief Executive Officer
WPP Group Plc
Mallika Srinivasan*
Director
Tractor and Farm Equipment Limited
Mark Moody-Stuart
Director
HSBC Holdings Plc
Sanjay Subhedar
General Partner
Storm Ventures
Rana Talwar
Chairman
Sabre Capital Worldwide
Uday Khemka
Director
SUN Group of Companies
Perpetuating the Family
Enterprise
Daniel Vasella
Chairman and CEO
Novartis International AG
Romesh Wadhwani
CEO and Managing Partner
Symphony Technology Group
Family businesses today employ half the
Jacob Wallenberg
Deputy Chairman
Skandinaviska Enskilda Banken
world’s workforce and generate more
than half of the world’s gross domestic
Arshad Zakaria
President and CEO
New Vernon Capital LLC
product. In India, as much as 71% of the
Peter Zencke
Executive Board Member
SAP AG
Bombay Stock Exchange capitalization
is contributed by companies run by
families. In fact, though well-governed
family businesses have a competitive
edge in today’s turbulent market place,
their needs, problems, and prospects
are often not given the kind of attention
they deserve. The ISB’s aim is to
make you future ready by arming you
Marketing Services, Centre for Executive Education
Indian School of Business, Gachibowli, Hyderabad - 500 032, India
Ph: +91 40 2300 7041/42, Fax: +91 2300 7040, Email: [email protected]
PERPETUATING
THE FAMILY ENTERPRISE
www.isb.edu/execed
OCTOBER 24 - 28, 2009
with knowledge that will equip you to
stay competitive in a global business
environment. So you can be one step
ahead.
About the programme
This unique programme examines the special
challenges that a family leader faces in balancing
the needs of the business against the requirements
of the family. More importantly, it examines in great
depth the issue of perpetuity and continuity. The
programme discusses some key issues in running a
family business such as maintaining the profitability of
the business in the long term, and preparing the next
generation for taking over the responsibilities of the
family business.
previously with the Indian Institute of Management
- Ahmedabad. Over the years, Kavil has had varied
professional experience across the world. His focus
has always remained entrepreneurship and family
business. His research interests include challenges
of professionalization of family business, formation
of clusters of knowledge-based industries, growth
strategies and corporate venturing. He is also a
member of the National Advisory Committee on
Science & Technology Entrepreneurship Parks/
Technology Business Incubators, Government of
India since 2003.
Given the interplay between business and family,
many areas could be sources of potential conflict. The
programme explores best practices, tried and tested
for over 20 years, in proactively dealing with these
issues.
Who should attend
The programme also focuses on the difficult task that
Independent Directors face. That of creating value
for the business while conforming to the values of
the family. The programme is very comprehensive,
providing relevant insights through discussion of
International and Asian case studies.
We encourage participation of a team of members
from families and businesses to establish a shared
vocabulary and learning experience.
Management Category
Top
42%
54%
4%
Senior
Upper Middle
Industry Mix
Leaders of family firms, owners of family firms,
next generation leaders of family firms, spouses,
independent directors, and advisors to family firms.
Materials & Construction : 22%
Consumer Profucts & Service : 16%
Conglomerate : 13%
Health : 9%
Manugacturing : 9%
Energy : 8%
Services : 6%
Financial : 5%
Others : 5%
Mining & Metals : 4%
Technology : 3%
Programme contents
Programme dates
The programme starts at 7.00 pm on October 24,
2009 and concludes at 5.00 pm on October 28, 2009
at the ISB campus.
Programme fee
INR 1,50,000*
(*Inclusive of charges for accommodation and food.
Fee excludes mandatory taxes applicable)

Perpetuating the family business

Professionalizing the family firm

Strategic planning and the family business

Succession planning

Family business governance
Family meetings and business boards

Faculty
Professor Kavil Ramachandran is the Associate
Dean at the Indian School of Business. He received
his PhD from Cranfield, UK. Ramachandran is
also the Thomas Schmidheiny Chair Professor of
Family Business and Wealth Management and was
85%
General
Management
3%
Sales &
Marketing
Programme benefits

Professor John Ward is a Clinical Professor
and Co-Director, Center for Family Enterprises,
Kellogg School of Management. He teaches and
studies strategic management, business leadership,
and family enterprise continuity. He is an active
researcher, speaker, and consultant on succession,
ownership, governance, and philanthropy. He is the
Wild Group Professor of Family Business at IMD
(Lausanne, Switzerland), and is a regular visiting
lecturer at Hong Kong University of Science and
Technology, Bocconi University, the Stockholm
School, and IESE.
Functional Representation

The programme is very specifically designed
with the family business in mind. It will help the
participant take home an objective assessment of
the family business culture. The small group case
discussions will help in understanding how other
family leaders perceive the same issues that
concern the participant’s business.
5%
Strategy &
Planninig
4%
Operations
2%
Human
Resources
1%
Administration
Some of the companies that benefited
from the programme previously:
Dalmia Cement (Bharat) Limited
Desein Private Limited
Indo Asian Fusegear Limited
Again, the research and cases presented by
the faculty are based on many years of closely
working with family businesses of varying
complexity the world over.
Usha Martin Limited
Suzlon Energy Limited
Adani Wilmar Limited
Ajmera Group of Companies
Other programmes recommended
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
Leading Teams for High Performance
Biological E Limited

ISB-Kellogg Global Advanced Management
Programme
Cholayil Pharmaceuticals Private Limited

Transformational Leadership Programme
Application process
Please send the filled-in application form to the
Marketing Services team. Do take care to fill in both
the sections of the enclosed form - participant data
and company application, as incomplete applications
will not be processed.
For cancellations, if any, please send an advance
notice to the Marketing Services team. You can avail
the entire fee refund if information is sent 4 weeks
before the commencement of the programme; half the
fee refund if information is sent between 2-4 weeks
before the commencement of the programme. There
will be no refund if information is sent less than two
weeks in advance.
Be a part of the vibrant CEE
Alumni Network
Participation in this programme gives you an
opportunity to become a member of the
7000+ strong CEE Alumni Network with
Chapters in Hyderabad, Bangalore, Mumbai,
New Delhi.
This forum provides you with an opportunity
for lifelong learning with ISB through
networking opportunities with other senior
colleagues from a variety of industries
and across spectrum of different global
organisations. You also have 24/7 access
to knowledge hosted on our alum website,
the opportunity to be a part of seminars,
coaching and expert forums.