Mini MBA for Family Enterprise’s Next-Generation Leaders
Become a trustworthy leader in the areas that matter
The Mini MBA program from the Coles College of Business and the Cox Family Enterprise Center is an innovative, experiential educational program designed to help family enterprises flourish by equipping next-generation leaders with the tools they need to lead the business and the family into the future.
A Leadership Development Program as Unique as Your Family Business
As anyone involved in a family enterprise can attest, working with your family brings its own unique brand of joy and difficulty. Interpersonal dynamics—such as poor communication, difficulty understanding each other, trouble managing conflict, and behaviors that bring out the worst in one another—can hold family enterprises back from full success. However, if family enterprises can learn to capitalize on their unique qualities, the results can be extraordinary.
The Cox Family Enterprise Center has been a resource hub for the family enterprise community and its various players: family members, nonfamily business executives, external advisors, and students. Over the course of this work, we have learned that family businesses should not be run like their nonfamily-owned counterparts. We created this program to enable family enterprises to harness their true potential by understanding and capitalizing on their unique dynamics, rather than follow traditional business practices that don’t work for them.
So, as the next generation of family enterprise leaders prepare to take the helm, why should they spend the time, money, and effort on a leadership development program that isn’t made for their business and family? Instead, we have developed an education program that is specifically geared toward next-generation family enterprise leaders and the unique challenges and opportunities they face.
The Mini MBA program will help next-generation leaders—and their family enterprises—become the best versions of themselves.
Program Credential: Executive Certificate & Digital Badge
Upon completion, participants will receive a KSU executive Certificate in Family Business Leadership.
In addition to that, because the Michael J. Coles College of Business, leader in higher education innovation, is paving the way, we offer the First and Only Digital Badge for Next Gen Leaders.
Digital badges are the new credential for validating knowledge and know-how among business leaders. Earn the new micro-credential for today’s LinkedIn world.
You will earn a Digital Badge (or Certificate) in “Next Gen Leadership Excellence” to be displayed in the "certifications" section of your LinkedIn profile; and shared among your stakeholders.
We are invested in your future!
Why invest in the leadership program
After working with countless highly motivated next-generation family enterprise leaders, conducting research on what creates successful leaders, and analyzing the roadblocks that prevent individuals from reaching their potential, we found that there are three key ingredients needed to ensure smooth transitions—knowledge/skills, strategic relationships, and trust! And, most of all, trust must exist among all key stakeholders of a family enterprise.
These stakeholders include:
- Senior non-family executives
- Non-family employees
- Board members
- Critical advisors
- Clients and customers
- Suppliers and vendors
All of these stakeholders have diverse sets of characteristics, needs, and expectations for the enterprise’s next-generation leaders. And yet, they also all share one common trait: They seek leaders with the competencies, character, and behaviors that will enable them to steward both the family and the enterprise for a long, successful leadership tenure.
“Trust is that one thing that has the potential to create unparalleled success and prosperity in every dimension of life. Yet, it is the least understood, most neglected, and most underestimated possibility of our time. Contrary to what most people believe, trust is not some elusive quality that you either have or you don’t; rather, trust is a pragmatic, tangible, actionable asset that you can create—much faster than you probably think possible.”
A look at our Mini MBA curriculum
The Mini MBA’s specialized curriculum is designed to help next-generation family enterprise leaders meet this expectation. By using the critical knowledge, skills, and expertise developed during this program, these emerging leaders will learn how to gain the trust of all key stakeholders within the family enterprise. The Mini MBA program will teach and coach these leaders how to successfully engage in one-on-one critical conversations as well as lead teams of stakeholders for long-term success. And along the way, program participants will also cultivate a powerful network of peers to look to for support and further growth in the years to come.
Finally—and just as importantly—the Mini MBA program is structured to fit with busy schedules and multiple commitments, as well as adhere to the key principles of effective adult learning and retention, developed by our partner Activ8.
- Develop a solid community of peers who are sharing the same intense experiences and who will stay with you far beyond the course
- Create your circle of trust, differentiating between those who can propel you forward and those who hold you back
- Strengthen cross-functional collaboration across your organization
- Form a network of connections relevant for yourself, your family and your enterprise
- Build your go-to team of experts
Who Should Attend
Next Gen members of enterprising families:
- involved in management and/or ownership
- committed to self-development
- focused on the growth of their family and business
- wanting to build their network of influential peers
This Mini MBA brings Next Gen Leaders from different organizations and industries together in a rich learning community, designed to create valuable peer interaction, and rich exchange with family and business experts.
Structure and Delivery Methods
The Mini MBA program distills traditional MBA programs down to the most essential information and supplements it with practical, valuable content and experiences as well as exposure to leaders from varied backgrounds. ALL THE KNOWLEDGE WILL BE DIRECTLY APPLIED TO PARTICIPANTS’ SPECIFIC FAMILY AND BUSINESS FOR A DIRECT APPLICATION OF THE MATERIAL. These components are geared toward helping next-generation leaders tackle the unique challenges and opportunities of running a family enterprise, as well as develop their leadership style.
The program has also been developed with next-generation leaders’ busy lives in mind. It consists of 10 monthly modules of 10 hours each over the course of one year. Every module is run once a month, typically on a Thursday afternoon and evening (with dinner) and a Friday morning. This format was designed to minimize the impact on work and family schedules.
- Thursday from 1:30 to 6:30 p.m. and 7 to 8:30 p.m. (activities and inspiring conversations with leaders you want to know)
- Friday from 8 a.m. to 1 p.m.
Registration and Payment