Building Cohesion, Ensuring Success, and Creating Impact
Family Business Initiative
The Lagos Business School Family Business Initiative (LBS-FBI) is an initiative of the Lagos Business School with the mission to inspire enterprising families in Africa to ensure family cohesion, business success, and significant ethical and societal impact.
The LBS-FBI understands family enterprises' unique challenges in securing their legacy across generations and is positioned to cater to their needs. We collaborate with industry leaders to empower African families, fostering cohesion, business success, and societal impact. Together, we are building a vibrant community of scholars, consultants, and esteemed business leaders committed to advancing family firms across the continent.
The LBS-FBI understands family enterprises' unique challenges in securing their legacy across generations and is positioned to cater to their needs. We collaborate with industry leaders to empower African families, fostering cohesion, business success, and societal impact. Together, we are building a vibrant community of scholars, consultants, and esteemed business leaders committed to advancing family firms across the continent.
Goals and Objectives
The LBS-FBI aims to make intellectual contributions by positively impacting African family businesses through advisory services, case studies, teaching materials, seminars, conferences, and family business awards. We plan to achieve:
Key Objectives
The Lagos Business School Family Business Initiative is dedicated to strengthening family businesses across all sectors through impactful programs and resources.
Our core activities are designed to enhance the capabilities of family-owned companies and create lasting value for generations. We achieve this through:
Our core activities are designed to enhance the capabilities of family-owned companies and create lasting value for generations. We achieve this through:
Training and Education for Family Businesses
We deliver specialised business management courses tailored for family-owned businesses. These programs focus on critical areas such as leadership succession within
families, financial strategy for long-term family wealth, innovation in family businesses, technology integration relevant to family operations, and ethical practices specific to family-run organisations.
families, financial strategy for long-term family wealth, innovation in family businesses, technology integration relevant to family operations, and ethical practices specific to family-run organisations.
Advisory and Consulting for Family Businesses
We offer customised consulting and advisory services designed explicitly for family-owned
organisations. Our expertise helps improve operational efficiency, strategic planning for generational transitions, and achieving sustainable growth while maintaining family values. We also create tailored solutions for family-led startups and established family businesses facing unique challenges in their respective industries within the African landscape.
organisations. Our expertise helps improve operational efficiency, strategic planning for generational transitions, and achieving sustainable growth while maintaining family values. We also create tailored solutions for family-led startups and established family businesses facing unique challenges in their respective industries within the African landscape.
Family Business Case Study Development and Educational Resources
We develop insightful case studies highlighting successful family-owned business models across various sectors, innovative approaches to family governance, and ethical leadership within African family businesses.
Furthermore, we create practical leadership guides, manuals, and teaching resources to equip family members and employees in family businesses with essential knowledge for sustained success across generations.
Furthermore, we create practical leadership guides, manuals, and teaching resources to equip family members and employees in family businesses with essential knowledge for sustained success across generations.
Research and Insights on Family Businesses
We conduct industry and academic research to identify current challenges and opportunities for family businesses operating in the African business environment across all sectors. Our findings provide evidence-based recommendations to drive progress and ensure the longevity of family-owned enterprises.
Thought Leadership and Advocacy for Family Businesses
We actively promote best practices in managing and governance family businesses, emphasising ethical operations and family values. We advocate by working with policymakers and relevant organisations to create a supportive ecosystem for family-owned businesses across all sectors. We also convene and participate in key industry events to discuss emerging trends, challenges and innovations relevant to African family businesses.
Networking and Community Building
We cultivate a robust network of leaders, experts, and entrepreneurs from family-owned
businesses across diverse industries to facilitate resource sharing, collaboration on family business challenges, and mutual professional support within the family business context.
We also host forums and roundtable discussions for family businesses to encourage knowledge exchange on family business topics and build strong partnerships within the African family
business community.
businesses across diverse industries to facilitate resource sharing, collaboration on family business challenges, and mutual professional support within the family business context.
We also host forums and roundtable discussions for family businesses to encourage knowledge exchange on family business topics and build strong partnerships within the African family
business community.
Programmes and Events
Carefully tailored programmes, initiatives and events aimed at scaling your family business.



