IE Family Business Club organized its first Family Business Summit in Madrid past October. “Next Generation at a Crossroad, truths and myths about the challenge ahead”, was aimed at helping the NextGen handle topics that arise, for instance, from ending an MBA to the succession some years ahead.
After the opening statements by Ricardo Pineda, president of the Club and Cristina Cruz, professor Family Venturing at IE, Santiago Perry and Carlos Boggio discussed the issue of succeeding or not in the family business. Luis Baón, consultant from EgonZehnder, followed to give his outsider perspective into the family company. Closing the day, a panel of three MBA alumni (two from IE) shared their experience on how they joined their businesses.
Saturday started with the “Finding your authentic leadership” workshop, led by coaches Carmen Lence and Borja Raventos. Next, Julia-Carolin Schmid continued with “How to manage the soft side of the family through a Shareholder’s Office”. Jesus Casado, Secretary General of European Family Businesses, shared his perspective on family businesses within Europe. The Summit was closed by an excellent presentation from Andrew Keyt about the challenges of succeeding a legend.
The first edition of the summit was a success! More than 100 participants shared and learned insights on how to take another step towards a sustainable family business future! We look forward to the next one!