Lancaster University launches family business programme

Lancaster University Management School has introduced a new programme which will help family businesses to tackle their unique challenges and thrive throughout the generations.

Following a successful pilot, Family Business Excellence has launched as a six-month programme for family firms looking to develop long-term, productive and sustainable strategies.

It provides access to the expertise of the Lancaster University Management School Centre for Family Business, and includes workshop and residential sessions, as well as a visit to a regional family firm, and masterclass sessions delivered by world-class speakers.

The programme is fully funded programme, supported by the European Regional Development Fund (ERDF), and is delivered in partnership with Boost.

Matt Hutchinson, programme manager at LUMS, said: “There are so many challenges that arise from mixing business with family. Through years of research and engagement with global family businesses, the Centre for Family Business has developed a deep understanding of these issues, and how to tackle them.

“The new programme is based on academic theory, but is accessible to all and is firmly-grounded in the reality of family-run small and medium-sized businesses. It will give these firms the opportunity to explore the challenges they face, and the ability to put plans in place to drive them forward into a successful future.”

The new programme is accessible to all and is firmly-grounded in the reality of family-run businesses

Maitland Steel, from Lancaster-based coffee roasters and tea merchants Atkinson’s, completed the pilot scheme.

He said: “The programme helps you focus on the hard problems you need to confront to move forward. What’s definitely been useful from the whole exercise is taking a step back and thinking about what we want to do going forward and how we’re going to do it.”

Family businesses can find out more about what is on offer and how to get involved at a taster event, Culture & Communication in Family Business, on Wednesday, July 10, at Stanley House Hotel, Mellor, between 8.30am and 10.30am.

The event will feature a keynote address from two generations of the Hall Family, from Butlers Farmhouse Cheeses, as well as an interactive panel discussion featuring Dr Campopiano, business representatives and family business consultant John Oliver.