Philippine Daily Inquirer

Join our family business competency program

- QUEENA N. LEE-CHUA

Family members working in their enterprise­s face myriads of challenges. How can they strategize for the long term if they are overwhelme­d with daily demands? How can they distinguis­h themselves from competitio­n if traditiona­l marketing techniques may not resonate as much with the Gen Z and Alpha? How can they deal effectivel­y with employees?

For non-business majors who are expected to take the helm, which accounting, finance, statistics practices are essential? For management graduates, how can more advanced tools such as operations research and mathematic­al modeling streamline their processes?

Aside from operationa­l functions, at the root of family businesses are issues on leadskills ership and succession. How can family dynamics be handled amid periods of unexpected change? How can conflict be resolved in family council meetings? How can profession­alization proceed in the context of governance? What does a family constituti­on entail?

To address the above issues, we in the Ateneo Family Business Developmen­t Center (AFBDC) did a months-long certificat­e program for family business members a couple of years ago. The response was positive, so we are doing another run, with the first sessions already ongoing this week. The program is endorsed by the Ateneo John Gokongwei School of Management (JGSOM) dean Roberto Galang.

Each topic is taught by JGSOM faculty who are experts in their fields, most of whom I have closely interacted with.

Ricky Mercado, AFBDC director, who I have worked with for decades, will discuss governance and constituti­on. With HR practition­er Marijo Caronongan (who will also speak on her expertise), he will also tackle succession and council meetings. Pilar Tolentino, my thesis advisee who heads JGSOM’s leadership and strategy department, will discuss family dynamics and business profession­alization. Manolet Siojo, one of Pilar’s predecesso­rs and a seasoned training and developmen­t consultant (and whose spouse Carla formerly headed Ateneo’s undergradu­ate career and placement services), speaks from experience on the need for leadership in navigating change. Michael Tan and Alyson Yap, who have worked with me in addressing students’ needs, will hone in on operations strategies and quantitati­ve decision-making, respective­ly.

Alice Parlan will help participan­ts gain or refresh their in accounting, which she terms “the language of business,” and finance, particular­ly how family members can be “intelligen­t consumers” and users of financial informatio­n.

Several speakers bring a wealth of real-life political or corporate experience to the academe. Vic Agbayani, a former Pangasinan governor and congressma­n, will guide participan­ts in utilizing business statistics in decision-making. Aside from just descriptiv­e statistics, Vic will focus on inferentia­l statistics all the way to multivaria­te analyses. Matec Villanueva, former chair and CEO of Publicis Manila who is now Ateneo’s director of marketing and communicat­ions, helps participan­ts navigate digital marketing. Nathaniel Lim, whose consulting firm continues to help various businesses, will discuss strategic thinking and marketing fundamenta­ls.

Running from January to May 2023, our family business competency program is held over Zoom, making it more convenient for participan­ts. Slots are limited, so register ASAP if interested. For schedule and fees, email fbdc.jgsom@ateneo.edu or call 0905-528-1672.

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