Leadership Development Programme for Children in Family-Owned Businesses

Course Outline

The Leadership Development Programme (LDP) for Children in Family-Owned Businesses focusses on leadership training and development of the children in Family-Owned Businesses. Their privileged positions also results in some unique challenges that they face, some of which are that many of them have come into the businesses straight out of school or university with very little, if any, work experience. They have generally not gone through any selection process and interviews that non-family employees have to endure. Their promotion in the business is not always based on merit. The handling of non-performance by some children in the businesses is very sensitive and so is succession planning. If these challenges are not adequately managed it could lead to the death of the businesses.

The programme aims amongst other things:
• To impart leadership skills to the children who are the current or future leaders in the businesses,
• To develop excellence in character, and
• To address the challenges faced in Family-Owned Businesses

One of the unique features of this programme is that the attendees are exposed to the latest thinking in Family-Owned Businesses, with input from experts in the field, and they are also mentored. The LDP for Children in Family-Owned Businesses can be best described as the, “Training of Tomorrow’s Leaders Today.”
Q. What is the duration of the programme?
A. One year comprising of monthly half- day workshops on a week-day and a one full day workshop.

Q. What is the maximum and minimum number that can be accommodated on the programme?
A. A minimum of 10 and a Maximum of 20.

Q. Is it limited only to the children in the family-owned business?
A. Yes, unless there are valid reasons for deviating from this requirement.

Q. Is there an age limit?
A. No.

Q. Can the programme be run in-house?
A. Yes.

Q. When did the programme commence?
A. In 2017 with a group of 20 participants representing about 14 family-owned businesses in KwaZulu-Natal. By all accounts the programme has thus far proved to be a success with the participants having acquired heightened self-confidence and new skills in leadership generally and family businesses in particular.

Q. Who are the facilitators and what is their experience?
A. The programme has been developed and is conducted by Adv. Mahomed Vahed, the founder of the Young Leaders Academy, who has had 20 years of diverse legal experience as a Magistrate, Advocate and Law Lecturer at UKZ-N; he has been with Albaraka Bank for 15 years, the last five as an Executive. He has been conducting leadership training and public speaking workshops for many years for Business Schools, corporates, schools, religious organisations (`Ulama Bodies and Darul Ulooms) and the public. He has published 11 books, the last two on Public Speaking, and is the director of the Khamissa Vahed Public Speaking Academy.

Other facilitators are experts in their respective fields, including Shaykh Yawar Baig of India, the author of the hugely successful The Business of Family Business, Mr. Abdul Razak Moosa, the former MD of the Willowton Group, Mr. Abdul Kader Essack, the former MD and senior partner at Price Waterhouse Coopers (PWC) and Mr. Gaff Osman, CA and director of companies and Mr. Ebrahim Patel, Chairman of the Minara Chamber of Commerce.

Q. What are the topics covered?
A. Some of the topics are: (1) Perceptions and Prejudices; (2) Discovering Yourself comprising of - Who am I? Change begins with me; What is preventing me from changing; Managing hinge moments; Discovering my passion? If not now than when? (3) Challenges and Opportunities in Family Businesses; (4) Steven Covey’s 7 Habits of Highly Effective People comprising of - Being proactive; Planning ahead; Time-management; Conflict-resolution; Understanding others’ needs first; Working in teams; Self-development; (5) Conducting Meetings & Group Think in meetings; (6) Case studies of successful family businesses; (7) The Joys of Public Speaking; (8) Diversity Management; (9) Apartheid –The reality and the impact. (10) The leadership role of the youth; (11) Giving is the greatest joy; (12) Securing one’s financial future in the shortest possible time. (13) Teamwork; (14) Presentation of research by participants about their family businesses. (15) Financial Management in Troubled Times.
The programme also includes some company visits.

Q. What does the programme cost?
A. Fees are kept at a reasonable amount and determined by the number of participants and the location – it could be held outside KZ-N.

Q. Where is the programme held?
A. Currently at a central venue in Durban. It could be held in other regions and in-house as well.