The University of Asia and the Pacific (UA&P) and Premier Family Business Consulting (PFBC) signed a memorandum of agreement to establish the Center for Family Business Excellence.
The center shall conduct research and share knowledge on the uniqueness of Filipino and Asian family firms, their impact on the economy, and issues on the challenges of generational transition, legacy perpetuation, as well as sustainable stewardship towards social impact.
Through educational programs and events, the center shall develop the skills and knowledge for highly effective family business leaders and professionals to become the catalyst of values-driven transformation in their family businesses.
“Family businesses face special challenges,” says Jon Ramos, CEO of Premier. “There are questions on who will lead the family and/or the family business into the next generation. Is the next generation ready to lead? How do we disentangle personal from business relationships? Should long-term investment take precedence over short-term dividends?”
The center shall promote and influence healthy relationships and family governance and advance family unity and trust as critical components to ensure family enterprise longevity.
The University of Asia and the Pacific is a private, not-for-profit institution of higher learning that offers some of the most outstanding academic programs in Asia.
The University believes that it has to be ever attentive and responsive to the real needs of the community that sustains it, seek to significantly contribute to human progress, and do everything it can to uplift the moral, cultural, and material level of the country and the region in which it operates. It desires to establish a niche in the field of family business science under the Entrepreneurial Management Program.
For more than 25 years, the Entrepreneurial Management (EM) Program of UA&P is the country’s pioneering Bachelor of Science program that effectively nurtures the next generation of entrepreneurs. It involves an intense, holistic, and integrated formation course uniquely designed to nurture the youth with entrepreneurial talent and mindset.
The EM Program is underpinned by comprehensive Liberal Education, developing students not to be mere technicians but leaders, innovators, and thinkers who can articulate their ideas well and aspire to envision a better economy and society.
Under the EM Program, students are challenged to start and run their businesses as early as the sophomore level. The Program prides itself on seasoned business mentors providing personalized business coaching and sharing real business applications with EM students.
The EM Program is also engaged in longitudinal research on the impact of entrepreneurship education on the youth as well as alumni tracer studies. It also conducts business consultancies which include market and industry research, case studies, and the development of innovative programs for the graduate level.
In addition, the program is running a modular Masters in Entrepreneurial Management with a specialization in Social Entrepreneurship and Innovation for the cooperative sector.
Premier Family Business Consulting (PFBC) is a holistic and multidisciplinary team of consultants who are thought leaders with global knowledge, local expertise, and regional coverage that inspires and influences business growth, family unity, and sustains generations of families in business.
Its building family unity and shared core program ability of wealth across eras aim to strengthen the family’s foundations by ideologies at the same time carefully plan fundamental preparations of a sustainable family enterprise.