IMD Annual Report 2021

Faculty and Research 58

Global Family Business Center

The Global Family Business Center is a pioneering hub for family enterprise education, research and outreach that has worked with theworld’s leading family businesses for over three decades. IMD was the birthplace of family business education in 1988 and, today, the center’s team continues to build on its legacy, supported by two Chairs dedicated to the study and support of enterprising families – the Wild Group Chair for Family Business and the Debiopharm Chair for Family Philanthropy.

Year in review

“Peter (Vogel) is an amazing teacher and his ability to create a safe space for us to engage and be vulnerable is incredible. Peter made us use our minds and our hearts to understand challenges in the family business, which is critical to ensure rational but emotional thinking.” LEADING THE FAMILY BUSINESS PROGRAM PARTICIPANT

Programs The center designed and delivered several open and custom programs for families, family businesses, family offices and family foundations. In 2021, the center was pleased to run its two flagship open programs on campus: Leading the Family Business and Leading the Family Office. On the custom program side, the team worked with a large European business-owning family to create a “family campus” with a one-year journey to help the next generation focus on and define its role in the future of its family enterprise system. A multi-year program with another large European family focused on board strategy and leadership development. Work with a mid- sized Asian family enterprise involved implementing a world-class corporate governance structure, while the center also helped ultra-high-net-worth families develop or enhance their family offices.