Stewardship Institute
Stewardship Institute
Practical education for family business members
Generational succession in family businesses demands a unique understanding of how family and business dynamics intertwine, distinct from non-family enterprises. Lacking this insight can put the business legacy at risk.
The Stewardship Institute offers comprehensive education in family business best practices for family members interested in responsible stewardship—whether they're active in the business, married into the family, or next-generation owners not directly involved. Participants are welcome to join as individuals or with family members.
Our small cohorts foster an interactive, engaging environment, allowing ample time for questions and learning. Exclusively for family business members, the Institute brings together peers who understand the journey, providing lasting support and insights.
Enroll in our 2025 Cohort
Our next cohort will launch on June 16-17, 2025. If you have questions, please email program manager Karyn Linn at klinn@luc.edu. If you're ready to enroll, click the button below to get started.
Key Topics
Our curriculum covers six important topics to help you become a steward of your own family business.
Relationships
Advance your intrapersonal, interpersonal, and leadership skills to foster trustworthy, healthy, and lasting family relationships.
Governance
Strengthen your ability to make informed decisions and lead with responsible ownership and governance in your family business.
Leadership
Prepare for the unique leadership and career planning challenges that come with sustaining family business continuity.
Finance
Gain insights into key financial measures and legacy planning that impact your family business.
Strategy
Build strategic thinking skills to guide both family and business decisions effectively.
Transitions
Equip your family to navigate the distinct challenges and opportunities of leadership transitions in the family enterprise.
Additional Information
Designed for
The institute is ideal for family members who want to be impactful and responsible stewards of their family business. Whether working in the business, a direct descendant, or an in-law the institute will expand your knowledge of family business best practices.
Participants should strongly value the legacy of their family business, want to be responsible stewards, and want to understand what’s different when taking on a family lens in business.
Meeting Dates
The institute meets 6 times for two consecutive days over the course of 18 months. Meetings take place in-person (this is not a virtual program) on Loyola's Water Tower Campus at the Schreiber Center, located at 16 E. Pearson Street in Chicago.
Meeting dates for our 2023-25 cohort:
- Module 1: Managing Relationships - October 4-5, 2023
- Module 2: Governance - March 4-5, 2024
- Module 3: Leadership - June 10-11, 2024
- Module 4: Finance - September 9-10, 2024
- Module 5: Strategy - December 2-3, 2024
- Module 6: Transitions - March 13-14, 2025
SPECIAL NOTE: Enrollment for our 2023-25 cohort will remain open until March 4, 2024. If you would like to join, please email program manager, Karyn Linn at klinn@luc.edu. New enrollees will participate in a catch-up session for module 1 and then merge with the ongoing cohort at the second module on March 4-5, 2024.
Program Benefits
No other program out there offers this level of family business education. Thought leaders, subject matter experts, and live case studies, along with confidential peer-to-peer learning, are all here to help you develop a set of tools and resources to foster responsible and effective stewardship.
Outside of meetings, you’re encouraged to take what you’ve learned back to your family business, see what impact it has, and report back to your peers on your challenges and successes.
But I already have an MBA...
Don’t get us wrong, MBAs are incredibly valuable. But what sets the Stewardship Institute apart from an MBA is the family business lens through which content is delivered. This perspective isn’t something you typically receive in standard academics.
For example, can you answer the following questions?
- What is the three circle model?
- What challenges do cousins face that are different from the challenges siblings confront in family business transitions?
- What are the three leading best practices for family businesses?
If you can answer these questions, then the Stewardship Institute probably isn’t for you. But if you cannot answer them and you’re passionate about being a responsible steward of your family business, we encourage you to enroll in this one-of-a-kind program!
Contact us
If you would like to learn more about the Stewardship Institute, contact us at 312.915.6490 or fbc@luc.edu.
The journey begins
Jenna Juday shares her thoughts about her experience in the Stewardship Institute.
Read
Leading with legacy
Meg McDonnell shares her thoughts about her experience in the Stewardship Institute.
Read
Building family bonds
Ben Juday shares his experience as a participant in the Stewardship Institute.
ReadPractical education for family business members
Generational succession in family businesses demands a unique understanding of how family and business dynamics intertwine, distinct from non-family enterprises. Lacking this insight can put the business legacy at risk.
The Stewardship Institute offers comprehensive education in family business best practices for family members interested in responsible stewardship—whether they're active in the business, married into the family, or next-generation owners not directly involved. Participants are welcome to join as individuals or with family members.
Our small cohorts foster an interactive, engaging environment, allowing ample time for questions and learning. Exclusively for family business members, the Institute brings together peers who understand the journey, providing lasting support and insights.
Enroll in our 2025 Cohort
Our next cohort will launch on June 16-17, 2025. If you have questions, please email program manager Karyn Linn at klinn@luc.edu. If you're ready to enroll, click the button below to get started.