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Strategic Leadership
Build strategic clarity and a forward-looking entrepreneurial mindset to guide family enterprises through change and growth.
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Strategic Management
Executive Development Programme in Next-Gen Entrepreneurship and Family Business Leadership Batch-1
This programme equips managers transitioning into senior leadership with the strategic thinking, frameworks and decision-making skills needed to drive business growth and competitive advantage. Participants will learn to analyse industries, evaluate growth and diversification opportunities, understand M&A and international expansion, and respond to digital disruption, AI and changing market dynamics. It prepares professionals for leadership roles in general management, strategy, business development and consulting.
- Start date
- 28th March, 2027
- Class timings
Sunday-10 am-1 pm
- Duration
- 4 months · 55 hrs
₹ Rs 2,90,000+GST [Excluding Rs 3000+GST application fees]
Duration
4 Months(55Hrs)
Category
Strategic Management
Last Date to Apply
31st December, 2026
Program Directors
Medium of Instruction
English
Programme Objectives
Preserve the Legacy. Lead the Transformation.
Family businesses occupy a distinctive and deeply consequential space in India's economy and social fabric. From multi-generational trading houses to diversified conglomerates, they have shaped industries, created employment and anchored communities.
Being part of a significant family business legacy is both a privilege and a profound responsibility. It involves stewardship of accumulated financial, social and reputational capital with competence, integrity and foresight.
Today's family business leaders must reconcile tradition with transformation. Technological disruption, global competition, regulatory complexity and changing stakeholder expectations demand professionalisation, governance discipline, strategic clarity and an entrepreneurial mindset.
Governance & Professionalisation
Understand governance frameworks and professional management practices that support responsible business stewardship.
Succession & Continuity
Navigate intergenerational aspirations, succession planning and the responsibilities of sustaining a family business legacy.
Family Dynamics & Conflict
Understand the intersection of ownership, management and kinship, and address conflicts shaped by values and relationships.
Innovation & Risk-Taking
Evaluate innovation, strategic risk-taking and transformation opportunities in an increasingly complex business environment.
Programme Perspective: The Executive Development Programme in Family Business Leadership recognises family enterprises as both economic entities and socio-emotional systems. Integrating strategic management, governance, succession planning, conflict management, innovation and risk-taking within the context of family dynamics, the programme aims to equip owners and senior executives with the conceptual clarity, practical tools and strategic frameworks necessary to navigate complexity.
Programme USP
A Distinctive Executive Learning Experience
The Executive Development Programme in Family Business Leadership brings together XLRI certification, campus-based engagement, alumni membership, international immersion and AAFM learning sessions.
XLRI Certificate of Completion
Receive a Certificate of Completion from XLRI.
2-Day XLRI Campus Immersion
Experience two days on the XLRI campus, enabling peer learning and direct interaction with faculty.
XLRI Executive Alumni Membership
Executive Alumni membership of XLRI, presented globally, with an alumni fee of ₹20,000.
2-Day Denmark International Immersion
International immersion experience in Denmark spanning two days. Dates are to be determined.
40 Hours of AAFM Sessions
Participate in 40 hours of AAFM learning sessions as part of the programme.
* Denmark international immersion dates are to be confirmed. XLRI Executive Alumni membership fee: ₹20,000.
Target Audience
Who Should Attend?
The Executive Development Programme in Family Business Leadership is particularly relevant for individuals involved in leading, managing and shaping the future of family-controlled enterprises.
Next-Generation Family Business Leaders
Next-generation family business leaders preparing to assume strategic and operational responsibilities within the enterprise.
Promoters, Successors & Family Members
Promoters, successors and family members involved in leadership, governance, diversification or expansion initiatives.
Family Business Owners & Directors
Owners and directors of small, medium and large family-controlled businesses navigating succession, professionalisation and institutionalisation challenges.
Senior Executives & Non-Family Professionals
Senior executives and non-family professionals working closely with promoter-driven organisations and family business ecosystems.
Entrepreneurs from Business Families
Entrepreneurs from business families seeking to balance legacy preservation with innovation, digital transformation and growth orientation.
Family Business Boards & Councils
Members of family business boards, family councils and governance structures involved in strategic decision-making and conflict management.
Learning Methodology
An Interactive, Faculty-Led Learning Experience
The Executive Development Programme in Family Business Leadership will primarily be delivered through live online lectures facilitated by Times Studio, enabling participants to attend sessions from their desktops or laptops. The pedagogy combines faculty-led instruction with discussions, practical exercises, case studies and digital learning resources.
Live Online Faculty Sessions
Participate in live lectures delivered by XLRI faculty through technology facilitated by Times Studio, accessible on personal desktops and laptops.
Interactive Discussions & Exercises
Engage in classroom discussions, exercises and case studies selected according to the topics being covered to support applied understanding.
Learning Management System
Access the LMS for learning aids, reference materials, assessments, case studies, projects and assignments, as appropriate to the programme.
Continuous Faculty Interaction
Raise questions and clarify doubts directly with professors during live sessions or offline through the LMS throughout the programme.
Flexible and Engaging Learning: The programme integrates live interaction with digital learning support, allowing participants to engage with XLRI faculty in real time while accessing relevant academic resources and assignments through the Learning Management System.
Programme Assessment
Apply the Learning. Build Your Family Business Leadership Plan.
Assessment in the Executive Development Programme in Family Business Leadership is designed around continuous application of learning. From the beginning of the programme, participants will develop a Family Business Leadership Plan, progressively refining it as they complete the modules and apply the concepts, tools and frameworks within their organisations.
Family Business Leadership Plan
Begin developing a Family Business Leadership Plan at the start of the programme and progressively strengthen it through the course.
Continuous Module Assessments
Complete ongoing assessments across programme modules, applying the concepts, tools and frameworks covered during the learning journey.
Organisational Application
Plan and apply programme learnings within your own organisational context, connecting academic concepts with practical business challenges.
Evaluation & Feedback
Receive feedback on work completed during individual modules as well as on the final project submission.
Final Capstone Project & Submission
At the end of the programme, each participant will submit a project report based on their Family Business Leadership Plan. The capstone project will demonstrate the application of the concepts, tools and frameworks covered throughout the programme. The final submission will be evaluated, and feedback will be provided alongside the assessments undertaken during individual modules.
Programme Curriculum
Programme Content & Learning Modules
The Executive Development Programme in Family Business Leadership brings together business fundamentals, competitive strategy, governance, succession planning, innovation and family dynamics. The curriculum also includes AAFM sessions, an XLRI campus immersion and an international immersion component in Denmark.
MODULE 01
Business Fundamentals for Family Business Managers
- Understanding core business functions in promoter-driven enterprises
- Applying managerial frameworks across finance, marketing and operations
- Balancing socioemotional wealth with business performance
MODULE 02
Understanding Macroeconomic Business Environment for Family Managed Businesses
- Interpreting economic trends, policy shifts and geopolitical risks
- Applying PESTLE Analysis and scenario planning frameworks
- Managing volatility, inflation and market uncertainty strategically
MODULE 03
Resource-Based Strategy for Family Managed Businesses
- Applying RBV and VRIO frameworks for strategic advantage
- Leveraging family legacy, networks and relational capital
- Building dynamic capabilities for long-term competitiveness
MODULE 04
Competitive Strategies & Performance Management for Family Managed Businesses
- Applying Porter's Generic Strategies and value-chain analysis
- Designing KPI-driven performance management systems
- Aligning execution, accountability and strategic growth
MODULE 05
Managing Innovation & Entrepreneurship in Family Managed Businesses
- Driving transgenerational entrepreneurship and innovation culture
- Applying Design Thinking and Lean Startup principles
- Balancing legacy preservation with strategic agility
MODULE 06
Growth Hacking and Expansion of Family Managed Businesses
- Identifying scalable growth and diversification opportunities
- Applying Ansoff Matrix and growth-hacking approaches
- Leveraging digital ecosystems and strategic partnerships
MODULE 07
Global Expansion & Cross-Border Complexity
- Understanding global market entry and expansion strategies
- Applying the CAGE Framework for internationalization decisions
- Managing cross-border risks and institutional complexities
MODULE 08
Non-market Strategy for Family Managed Businesses
- Managing government and stakeholder relationships strategically
- Building legitimacy through ESG and reputation management
- Navigating regulatory and institutional environments effectively
MODULE 09
Governance of Family Managed Businesses and Succession Planning
- Designing governance structures and family councils
- Applying Stewardship and Agency Theory perspectives
- Building structured succession and continuity frameworks
MODULE 10
Family Business in an AI Dominated World
- Understanding AI-led disruption and digital transformation
- Leveraging automation, analytics and data-driven decision-making
- Building future-ready and technology-enabled enterprises
- AAFM MODULE
- MODULE 11
Family Constitution, Communication & Conflict
- Developing family constitutions and governance protocols
- Strengthening intergenerational communication and alignment
- Managing conflicts through structured resolution mechanisms
- AAFM MODULE
- MODULE 12
Family Dynamics & Intergenerational Leadership in Family Businesses
- Managing family dynamics, identity and power structures in business families
- Managing intergenerational differences in leadership, risk orientation and decision-making
- Aligning legacy, succession expectations and future strategic vision across generations
- AAFM MODULE
- MODULE 13
Family Office Fundamentals & Wealth Governance
- Aligning family values, legacy and wealth objectives
- Alternative investments: PE, VC, real estate and private credit
- Risk management and intergenerational wealth preservation
AAFM MODULE
Immersion & Additional Learning Components
Campus Component
2-Day XLRI Campus Immersion
A two-day campus immersion at XLRI Jamshedpur towards the end of the programme. Attendance is mandatory for all participants. Dates will be communicated at least two months in advance. The campus component is subject to conditions prevailing at the time.
International Component
2-Day Denmark Immersion
A two-day international immersion in Denmark is planned during the fourth to sixth month of the programme. Specific dates are yet to be confirmed.
Additional Learning
40 Hours of AAFM Sessions
The programme includes 40 hours of AAFM sessions, covering AI and digital transformation, family constitutions, communication, intergenerational leadership, family office fundamentals and wealth governance.
* XLRI campus immersion attendance is mandatory. Campus dates will be communicated at least two months in advance. Denmark international immersion dates are to be confirmed.
PROGRAMME FEES
Programme Fee & Payment Details
Total Programme Fee ₹2,90,000 + GST
Academic Programme Fee ₹1,35,000 + GST
XLRI Campus Immersion (2 Days) ₹5,000 + GST
Denmark Immersion (2 Days) ₹1,00,000 + GST
AAFM Sessions (40 Hours) ₹50,000
Additional Information
XLRI Campus Immersion
Includes boarding and lodging on a twin-sharing basis. Attendance is mandatory.
Denmark International Immersion
Includes boarding and lodging for 2 nights and 3 days. Dates to be confirmed.
Optional XLRI Alumni Membership
Additional ₹20,000 payable after programme completion.
Payment Mode: ONLINE — Directly through the official XLRI website.
* Applicable GST is additional. Immersion and AAFM fee components are included in the total programme fee. Optional alumni membership is charged separately.
Programme Fee
Connect with Our Programme Partners
For programme-specific queries, admissions assistance, or additional information, please connect with our authorized programme partners.
PROGRAMME DIRECTOR
Learn from XLRI Faculty
The Executive Development Programme in Family Business Leadership is led by XLRI faculty with expertise in strategic management, entrepreneurship, family business strategy and governance.
AM
Programme Director
Dr Arindam Mondal
Associate Professor, XLRI Jamshedpur
PhD, IIM Calcutta
B.E. (Electrical Engineering, with Honours),
IIEST Shibpur
Faculty Perspective
Brings expertise in strategic management, family business strategy, entrepreneurship and innovation, with a particular focus on promoter-driven enterprises, transgenerational entrepreneurship, governance and succession.
Dr Arindam Mondal is an Associate Professor in the Strategic Management Area at XLRI – Xavier School of Management, Jamshedpur. He holds a PhD in Strategic Management from the Indian Institute of Management Calcutta and a B.E. in Electrical Engineering (with Honours) from IIEST Shibpur.
His research over the past decade has focused on family multinationals from emerging economies and their business strategies. His work has appeared in international journals including Global Strategy Journal, Long Range Planning, Management International Review and the Journal of Business Research.
His teaching interests include Strategic Management, Entrepreneurship, New Venture Creation and Family Business Strategy. He has conducted executive training programmes for family businesses, multinational corporations and public sector undertakings, covering strategic decision-making, innovation and growth, governance, succession and ESG-led business transformation.
Academic Leadership in Family Business Strategy
Under the academic direction of Dr Arindam Mondal, the programme connects strategic management frameworks with the distinctive challenges of family-controlled enterprises. It addresses governance, succession, intergenerational leadership, entrepreneurship and sustainable business growth through a combination of conceptual learning and practical application.
ADMISSION DETAILS
Registration & Programme Information
Key admission requirements, registration details and programme information for the Executive Development Programme in Family Business Leadership – 01.
Registration Process
- Registration + Application: ₹13,000 + GST (includes ₹3,000 application fee).
- Application Fee: ₹3,000 + GST, non-refundable.
- Instalment 1: ₹60,000 + GST, within 3 days of selection.
- Instalment 2: ₹1,00,000 + GST, 6 May 2027.
- Instalment 3: ₹60,000 + GST, 6 July 2027.
- Instalment 4: ₹60,000 + GST, 6 September 2027.
- Payment: Online via XLRI website.
Eligibility
Indian Participants
Graduates (10+2+3) or eligible diploma holders (10+2+3 / 10+2+4) from recognised institutions. Diploma applicants with relevant experience may be considered individually.
International Participants
Graduation or equivalent qualification from a recognised institution in their country.
Work Experience
Minimum 3 years for non-family business candidates. No minimum for established family business candidates, subject to valid proof of involvement.
Professional Profile
- Next-generation family business leaders.
- Promoters, successors and family members.
- Family business owners and directors.
- Senior executives and non-family professionals.
- Entrepreneurs from business families.
- Family board and council members.
Important Dates
- Course Launch 21 Oct 2026
- Application Closure 21 Feb 2027
- Orientation 28 Feb 2027
- First Class 28 Feb 2027
- Programme End Feb 2028
- Campus Immersion Dates TBA
Programme Information
Duration
122 hours over 44 weeks (approximately 11 months).
Class Schedule
Sunday, 10:00 AM – 1:00 PM IST; one session per week.
Learning Components
58 hours virtual, 12 hours XLRI campus, 12 hours Denmark immersion and 40 hours AAFM.
Batch Size & Delivery
50–90 participants. Live interactive D2D sessions with campus and international immersion.
Certification & Institute
Certificate of Completion
Minimum 70% live-session attendance and successful project and assessments.
Certificate of Participation
Minimum 50% live-session attendance and successful project and assessments.
AAFM Certificate
Certificate of Completion from AAFM.
Institute
XLRI Leadership Education & Development, XLRI Jamshedpur. Certification jointly by XLEAD and XLRI Jamshedpur.
Payment Mode: ONLINE — Directly through the XLRI website.
Optional Alumni Membership:
₹20,000 payable after programme completion.
Life at Our Campus
Programmes at XLRI combine live online learning with time on the Jamshedpur campus, a green, historic setting where participants meet faculty and peers in person, join campus sessions and build a lasting professional network.
