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Date
July 13, 2026
Program Duration
3 days
Language
English
Fees
18,400
In Class Training
Riyadh
About Program
A comprehensive program designed to help family businesses build and implement effective governance systems that sustain growth and preserve family legacy across generations. The program combines Saudi legal and regulatory frameworks with international best practices, focusing on governance structures, family-business dynamics, succession planning, risk management, and long-term sustainability.
Program Goals
Understanding the Legal and Regulatory Framework for Family Businesses
The program aims to equip participants with a comprehensive understanding of the legal and regulatory frameworks governing family businesses in Saudi Arabia, including relevant governance guidelines and regulations.
Designing and Implementing Effective Governance Structures
The program aims to develop participants’ ability to design and implement governance structures tailored to family-owned businesses, including boards, family councils, and family charters.
Strengthening Business Continuity and Leadership Succession
The program aims to enable participants to establish effective succession and generational transition frameworks that support business sustainability and preserve family legacy.
Join us for an unforgettable journey of exceptional learning
The program adopts a practical learning approach that combines Saudi regulatory frameworks with international best practices through case studies, practical exercises, and real-world family business governance examples.
Program Structure
8 Modules
Number of Modules
3 Days
Program Duration
English
Program Language
In-Person
Delivery Mode
2
Number of Case Studies
01
Capstone Project
Program Agenda
In Class Training
Economic contribution of family businesses to the Saudi economy
Typical challenges in the Saudi context: succession, informality, conflict of interest
Overview of the 2014 Ministry of Commerce Family Governance Guidelines
Key updates under the Companies Law 2022 relevant to family firms (LLC and closed JSC structures)
In Class Training
The Ministry of Commerce guidelines (2014): objectives, key sections, and implementation approach
CMA's Corporate Governance Regulations (for listed family firms)
Companies Law 2022 and Family Charter provisions
Role of notaries, shareholders' agreements, and dispute resolution mechanisms
Case analysis: legal structures for ownership and control continuity
In Class Training
Family Dimension
Purpose and function of the Family Council
The Family Constitution (Charter): values, mission, participation, communication, and dispute resolution
Relationship between the Family Council and the Board of Directors
Role of non-family advisors and external governance consultants
Case example: Saudi family business applying structured governance
In Class Training
Distinction between family governance, corporate governance, and ownership governance
Board composition and committees in family companies
Balancing family interests with professional management
Mechanisms for transparency, accountability, and information flow
Group exercise: designing an effective decision-making map for a family firm
In Class Training
Legal mechanisms for ownership transfer under Saudi law
Next Generation Education and Development
Role of the Board and Family Council in succession planning
Interactive exercise: mapping generational transition scenarios
In Class Training
Typical governance risks in family companies
Tools for managing conflict and balancing interests
Role of arbitration and mediation in family disputes
Ethical governance and accountability frameworks
Case study: lessons learned from a regional family business dispute
In Class Training
Overview of OECD Principles on Corporate Governance for Family-Owned Enterprises
IFC Family Business Governance Handbook (key insights)
Comparative look: GCC family business governance trends (UAE, Qatar, Kuwait)
How to adapt international practices within Saudi cultural and regulatory realities
Practical exercise: benchmarking Saudi family business governance maturity
In Class Training
Institutionalizing governance for long-term survival
Integrating ESG and philanthropy within family enterprises
Governance of family offices and investment portfolios
Designing KPIs for governance effectiveness
Capstone: drafting a Family Governance Action Plan
Trainers
Venture into a whole new realm of knowledge
This stage contributes to clarifying the program requirements and facilitating communication between participants and the ad
Admission Criteria
Founders and family business owners.
It targets founders and family business owners, focusing on enhancing business sustainability, supporting growth, and enabling effective generational transition to ensure continuity and strong governance.
Next-generation family members preparing for leadership roles.
It focuses on preparing and equipping next-generation family members for leadership positions by developing their leadership capabilities and enhancing their understanding of family business sustainability, growth strategies, and governance.
Board members and non-executive directors of family firms.
It targets board members and non-executive directors of family businesses, focusing on strengthening their role in governance, strategic oversight, and supporting the sustainability and growth of family enterprises.
Family office executives and governance advisors.
It targets family office executives and governance advisors, focusing on developing best practices in governance, family wealth management, and enhancing the sustainability and strategic planning of family businesses.
Legal, compliance, and corporate affairs officers within family-owned enterprises
It targets legal, compliance, and corporate affairs officers within family-owned enterprises, focusing on strengthening regulatory compliance, risk management, and supporting effective governance and business sustainability.
Application Process: Your Journey Starts Here
The admissions team will carefully review all elements of your application. The selection process will take up to eight weeks from the date of submission of a completed application.
Step 1
Online application and video interview
Step 2
Pre-selection and decision
Step 3
Interview with acceptance
Step 4
Admission Committee
Step 5
Final decision
Investing In Your Future
The program enhances participants’ capabilities in family business governance by strengthening their understanding of regulatory frameworks and international best practices, enabling them to build effective governance structures, manage succession planning, and support long-term business sustainability across generations.
Key benefits for you and your organization
70%
50%
70%
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