Formue has developed a research-based educational program to prepare responsible owners. Better understanding of what the key concepts of family business and responsible ownership can provide next-generation owners offers a higher possibility to successfully manage their wealth and businesses and ensure their long-term success.
The program is a collaboration between Formue and the Center for Entrepreneurship and Ownership (CeFEO) at Jönköping International Business School and is aimed at present and prospective owners.
The program is created around 3 digital modules and 3 physical events from lunch-to-lunch over approximately 6 months starting autumn 2023.
The content focuses on knowledge and skills of:
We have listened to our clients and their request for a research based family ownership based education program. Better understanding and skills help foster stronger family relationships and create a legacy that can be passed down to future generations.
The unique education program has been made possible thanks to a long-term collaboration Formue entered into with the Center for Entrepreneurship and Ownership (CeFEO) at Jönköping International Business School, with researchers from all over the world. JIBS is the No.1 research center in Europe for Family Business Studies.
Today, more than ever, is important to make an impact. To value the resources and act responsibly.
A responsible owner is a person that acts today thinking about tomorrow. The world needs a new generation of responsible owners who actively engage in shaping a better future, that embrace an entrepreneurial spirit in facing the challenges of sustainability.
Scandinavia is the context where this change started. Let’s make it stronger together.
We are in an unprecedented moment for humanity, where the economic, ecological, and social systems are all under stress. We see signs of a new stage of business ownership and leadership, conscious and engaged. This means moving from a reductive, mechanistic hierarchical mindset to a systemic, living, innovative, diverse, and regenerative one.
Ownership with purpose will bring a new logic and dynamic perspective for responsible and transformative ownership anchored in deep awareness, responsiveness, collaboration, synergy, and renewal.
The governance session is designed to provide you with a concise and effective picture of the key aspects of ownership in connection to company governance. In the session you will discover what different forms of ownership look like, understand what it means to have an active role as an owner, learn how to manage the relationship between owners and a company’s board of directors, including insights into board meetings agenda setting; and discuss how to set up appropriate family governance solutions can improve the family's role as an active owner.
We will provide insights on different options regarding succession to enable you to take informed decisions about your own involvement.
We will discuss alternative ways to transfer ownership and leadership between generations. And we will raise awareness on how to regulate ownership changes today to control for unwanted changes in the future.
To do so, we will also bring up important considerations regarding marriage and divorce, testaments, and gifts.
In most families the origins of wealth are connected to early actions of entrepreneurship that became part of the family legacy. Research shows however that entrepreneurship is important well beyond those initial moments typically associated with new ventures, it also plays a central role in stablished organizations.
We show how the next generation, thanks to their new mindsets and capabilities, can entrepreneurially contribute to reinvigorate and - why not - create the family legacy that is so crucial to innovation and the creation of both financial and social value.
A healthy self is essential for being a responsible owner. Although the question, “How are you?” may seem simple enough, personal well-being is a complex matter that concerns how people experience their lives and the degree to which a person is fully functioning. We will shed light on different dimensions of well-being and discuss how we can overcome difficulties, achieve our goals in life, reach self-realization, a sense of meaning, and happiness.
We as humans are inherently social beings, and social relationships are of crucial importance. Having shared ownership means conflicts and emotions will arise that have the potential to damage not just our financial wealth, but our personal goals and social relationships. This is even more visible when we - as a family - own together.
We look at how relationships work, the dynamics and types of social conflicts and emotions, the roles of justice and fairness, and how we can navigate this difficult terrain.
We want each participant to engage in Conscious Reflection about how their personal selves can influence investments as well as ownership decisions, and how – in the end – this can have an impact on the surrounding community and society.
We will consider the notion of “Impactful Ownership” and intrinsic drivers – such as Values, Spirituality, and Ethics.
We also take a look at Impact Investing, as an example of how personal principles can be combined with strategic investments.
Senior Associate Professor in Family Business and Ownership, Director of CeFEORead more
Assistant Professor in Business Administration with a focus on Entrepreneurship and Environment, CeFEO Head of OutreachRead more
Assistant Professor in Sustainable Supply Chain, JIBS Director of Societal EngagementRead more
Professor in Strategy and Entrepreneurship, JIBS Associate Dean of Research
Assistant Professor in Business Administration with a focus on Family Business JIBS Associate Dean of FacultyRead more
Assistant Professor in Business Administration with a focus on Entrepreneurial Identity CeFEO Faculty Member
Assistant Professor in Business Administration with a focus on Organizational Psychology and Family Business CeFEO Faculty Member
Assistant Professor in Business Administration with a focus on Corporate Identity, Values, and Social Responsibility JIBS Associate Dean of Education