Uploaded June 2024 | Updated September 2026, 1 week ago

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Given the critical role and contribution of owners in the long-term success of a family enterprise, it is important that the owners remain a strong, unified, and capable team. This requires deliberate effort, especially over time and across generations as the ownership group grows larger and more diverse and complex.

MIT Sloan faculty John Davis and Deborah Ancona will discuss why building an owners team is crucial, and what makes an owners team strong and effective. Equip your family enterprise with the tools and knowledge to cultivate a united and resilient owners team for lasting success.

Key takeaways:
• Why capable owners—especially active owners—are a key advantage for family businesses
• The qualities of a strong ownership team and how they are developed
• The challenges and practices of building a cross-generational team of owners in your family enterprise

Learn more from Davis and Ancona during their course:
Future Family Enterprise: Sustaining Multigenerational Success
executive.mit.edu/fam