Next Generation Leadership Institute
Training for future family business leaders.
The Next Generation Leadership Institute (NGLI) is an 18-month program that prepares family business members for leadership. Participants meet once a month to develop and practice their leadership style, create a lifetime development plan, and increase their effectiveness as responsible family business leaders.
Additional details
Ideal candidates
NGLI is designed for 25-50 year-olds who are set to assume leadership positions in their family business. Enrollment is open to members and non-members.
Curriculum
Unit 1: Self
- Coming Together
- Setting Priorities
- Life Stages
- Hogan Personality Assessment
- Leadership and LVI (360 feedback)
Unit 2: Family
- Difficult Conversations
- Creating Culture
- Succession
- All Things Money and Legal
- Field Trip to Family Business
- Strengths, Engagement and Well-Being
Unit 3: Business
- Leadership in the Business and Board
- Interpersonal Dynamics
- Leading in Change and Through Crisis
- HR in Family Business
- Strategy: Family and Business
- Graduation
Program benefits
- Interactive workshops
- Individualized career coaching
- Off-site retreats
- Confidential personal assessment testing
- Monthly facilitated peer group meetings
- Personal CEO mentor
NGLI participants graduate with:
- A deeper understanding of their strengths
- An awareness of areas that need improvement
- A better understanding of their family culture and
- A clearer vision for their business
Coaching
Each NGLI participant is paired with a career coach. You’ll work on your professional and personal goals through monthly one-hour sessions, scheduled at a time that suits both parties. These sessions provide valuable insights to apply in both your family and business.
Schedule
NGLI kicks-off with an opening retreat weekend (Friday-Saturday), usually at a hotel in the Chicagoland area. After the kick-off, the group will meet once a month over the course of 18 months. Each meeting is a full day and takes place on Loyola's Water Tower Campus in downtown Chicago. We try our best to accommodate participants' schedules and aim for meeting dates that are convenient for everyone.
Community
Your community is composed of three parts. Peers act as a trusted, confidential cohort of friendship and support. Your coach will be a guide through your journey, helping you create a professional and personal development plan. And your facilitator will lead the group by exploring areas of self, family, and business, and how they relate to your leadership development.
Alumni
Since 1998, the Next Gen Leadership Institute alumni community has grown into a dynamic network of accomplished leaders dedicated to family business excellence. Learn more about them here.
Contact us
If you would like to learn more about the Next Generation Leadership Institute, contact us at 312.915.6490 or fbc@luc.edu.
Future cohort and waitlist
If you have questions or if you would like to place your name on a waitlist for a future cohort, please email program manager Karyn Linn.
Enrolled for the October 2024 NGLI Class?
Click here to access important information that will support you throughout your leadership journey.
Training for future family business leaders.
The Next Generation Leadership Institute (NGLI) is an 18-month program that prepares family business members for leadership. Participants meet once a month to develop and practice their leadership style, create a lifetime development plan, and increase their effectiveness as responsible family business leaders.
Enrolled for the October 2024 NGLI Class?
Click here to access important information that will support you throughout your leadership journey.