Planning for succession and being aware of the challenges that may arise during the transition period are crucial to the future of the family business that you have established and have perhaps worked so hard to succeed and develop.
The UA&P Center for Food and Agri-Business (CFA) in collaboration with the UA&P Center for Family Business Excellence (CFBE) and the UA&P Continuing Real-World Education (CORE), invites everyone to a workshop on Family Business Succession entitled “How to Prepare the Family Business for the Next Generation” on June 21 and 22 at Richmonde Hotel Iloilo.
COURSE DETAILS:
- Date: June 21-22, 2024
- Venue: Richmonde Hotel Iloilo
- Learning investment fee: P25,000 (group rate available)
PROGRAM OVERVIEW
Succession planning is critical to the future of a family business. Awareness of the challenges expected during the transition phase of succession is vital for any family business decision-maker.
The purpose of this one-day-and-a-half seminar is to familiarize family business leaders with the succession challenges and issues they need to consider to successfully transition the family business to the next generation. The lecture workshops will provide possible remedies to overcome challenges when passing the baton, especially in light of new business objectives that include non-financial considerations atypical of family businesses.
Since the participants are engaged in family businesses, the insights, ideas, and experiences they will share can add to the treasure of knowledge that everyone can gather from the workshop.
This workshop—composed of lecture discussions, a case study, and an inter-generational family business simulation—aims to accomplish the following objectives:
- Appreciate the uniqueness of a family business, the issues facing it, and how to address them;
- Evaluate the impact of history and reputation on the objectives and time horizons of family businesses;
- Evaluate the usefulness of the family constitution as a governance structure for a family business;
- Simulate possible issues the next generation will likely face and how the present generation should prepare for them;
- Come up with concrete resolutions on how to successfully transition the business to the next generation; and
- Learn from the insights of fellow participants on the issues they face and how they resolve, deal with, and prepare for the
ABOUT THE INSTRUCTOR
Dr. Winston Conrad B. Padojinog, DBA
Work
Dr. Winston Padojinog, or Stan, is an associate professor of industrial economics and strategic management and is the fourth president of the University of Asia and the Pacific (UA&P).
At present, he lectures on industry dynamics, strategic management, finance, and business sustainability in the graduate, executive, and certificate programs of UA&P. He has authored several research publications and articles on books related to these topics. His extensive experience and research as an industry economist and business strategist make Dr. Padojinog a sought-after expert and consultant by industry associations, policymakers, and companies. He has spoken in international and local forums to discuss issues related to industry dynamics, strategic management, leadership, and business sustainability practices and reporting.
Stan is a member of the board of non-government organizations that promote good governance, education for the less privileged, and common good. Among them are the Center for Research and Communication Foundation, Inc., a think tank that promotes an enlightened private and public sector that should work for economic and business policies that bring about inclusive growth and development; the Jose Jon Tiamsuy Foundation that extends scholarships to deserving students in schools in Iloilo City; the Center for Strategic Reforms of the Philippines (CSR-Philippines); and the Center for Excellence in Governance (CEG), the governing body of the Institute of Solidarity Asia (ISA), the Institute of Corporate Directors (ICD), and the Center for Family Governance (CFG).
Before he assumed his present assignments in UA&P, Stan was involved in several family businesses. His work was initially confined to industry competitive analysis and studies, business planning, and strategy before he got engaged in more intimate family business issues. Much of his knowledge in the matter is obtained from his constant readings and dealings with family businesses. At present, he is involved with only two family businesses and intends to keep it that way
Education
He obtained his primary education in 1980 from the Colegio del Sagrado Corazon de Jesus and his secondary education in 1984 from the University of the Philippines Visayas. In 1989, he obtained his Bachelor of Arts degree, double major in Economics and Management, from the University of the Philippines Visayas as a student scholar. He earned in 1991 his master’s degree in Industrial Economics from the Center for Research and Communication as a scholar of the Hanns Siedel Stiftung Foundation of Germany, and his Doctor of Business Administration degree in 2009 at the De La Salle University’s Graduate School of Business. In the same year, he completed the International Faculty Program of the IESE Business School in Barcelona, Spain. He was recognized in 1989 as one of the outstanding alumni of the University of the Philippines Visayas and in 2017 of the Colegio del Sagrado Corazon de Jesus.