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Executive Education

Governance and management of family businesses

Governance and management of family businesses

Executive Certificate


Family businesses face specific challenge, but in times of crisis, they are often stronger and achieve better results than other organizations. A pronounced entrepreneurial dynamism combined with a patrimonial prudence contributes to their success. However, only one-third of these businesses survive the second generation. To avoid this situation, shared governance between the family and the board of management plays an essential role in facilitating the transition from one generation to the next.


The speed of decision making is the essence of good governance.– Piyush Goyal


The program will enable you to :

Improve or prepare for your role as an administrator,

Share the complexity and the specific nature of family businesses and better understand its psychology and the particular dynamics,

Reconcile your vision of company management and family governance,

Work on your family business issue by developing a governance project before a jury of experts.

Academic Director(s)

Philippe Pelé Clamour
Affiliate Professor, HEC Paris

Program content

Consists of 6 modules and 1 introductory module

Module introductif : Together !

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Module 1 : Family & Organization

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Module 2 : Leadership & Family

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Module 3 : Family & Inherritence 

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Module 4 : Governance & Strategy Management 

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Module 5 : Financial Management of Family Business 

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Module 6 : Board of management simulation 

HEC Paris Le Château (residential module)

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Find out more from the brochure

The program is aimed at :
Current or future administrators of a family business,
Shareholders and members of the family council,
New generations,
Managing Directors who are not family members and future executives of family businesses.

Executive Certificate Governance and Management of Family Businesses

Language: French
Cost: 18000 €*
Specialization: General Management, Strategy, Negotiation and Governance

Explore funding options

Find out more about possible funding options for the program you have chosen.

CPF eligible program

Registration CPF : 219937

* Preferential rate for IFA members: € 16,000 net

Download the brochure in English




Fields preceded by an * are mandatory. Failure to fill out the correct fields will delay your brochure request. By completing this form, you are giving consent to HEC Paris to collect your data in order to process your request for documentation, offer you its training programs and ensure their follow-up. You have a right to access, modify, oppose, delete, limit, transfer, and to inform us how you wish your personal data to be processed, in the event of your death, by contacting Find out more about the management of your personal data and your rights


Register for the program


Fill in the form to check your eligibility and start the registration process.


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