Responsible Family Business and Wealth Ownership Programme – Cambridge Judge Business School Executive Education Division
Philip Marcovici has been involved in the design of the Responsible Family Business and Wealth Ownership program for Cambridge Judge Business School’s Executive Education division, together with a friend and colleague, Iraj Ispahani of Ispahani Advisory.
The first program will be delivered in October 2018 and will be of real value to families from around the world. See Cambridge Judge Responsible Family Business and Wealth Ownership
A primary objective is to offer participants an engaged learning experience reflecting the quality and reputation of the University of Cambridge. The program will showcase Cambridge’s expertise as a centre of competence and leadership on issues in and around family owned businesses and wealth. The responsibilities of wealth and business owners to society and the importance of dialogue with governments and other stakeholders will also be a focus.
Beyond the program, families will also be able to arrange customised optional elements, such as an organised private family retreat immediately following the course. For business owning families, customised elements might include strategy sessions designed to have family members involved in the family business develop closer relationships with professional management. Appropriate faculty members from Cambridge Judge and the University of Cambridge generally would be involved, with Philip Marcovici and others, in such customized programs, permitting topics to include a variety of areas including perspectives on philanthropy and impact investing, the creation of good governance and reporting frameworks and many others. How to create and encourage open and effective communication across all generations is an important objective for most families, and could also be an area of focus of a private program for families.
Philip Marcovici is hoping to get input from potential participants and others which will help in the design of the detailed program agenda and take advantage of Cambridge Judge and University of Cambridge faculty appropriate to the needs of those participating. Envisioned is the participation of professors from areas ranging from psychology and psychiatry to law and politics. The program will be restricted to family members, affording a safe environment for sharing and learning from peers.