Lucknow: Indian Institute of Management Lucknow will launch an MBA programme in family business from the next academic session to train the next generation of family-enterprise leaders and business owners.
IIML director Prof MP Gupta . said, “Through the MBA in family business, we seek to nurture these young leaders who aspire to transform family enterprises into professionally managed, future-ready organisations. An official press release said the combination of enterprise-specific problem-solving, cross-generational engagement and long-term strategic planning gave the programme a distinctive, practice-oriented approach. Chairperson, MBA in family business, IIML, Prof Garima Mittal said, “Family businesses are important engines of entrepreneurship, employment and economic growth. Officials said the programme is designed to leverage IIML Enterprise Incubation Centre (IIML-EIC) ecosystem, particularly in areas related to entrepreneurship, innovation, incubation, start-up ecosystem engagement and practitioner interface.