Step 1
IMD and Lombard Odier solicit nominations from family business alumni, contacts and all FBN Members. Self-nominations are not accepted.

Step 2
The initial research and evaluation process is supervised by the IMD family business Faculty and researchers, and carried out in close collaboration with local FBN Chapters: This phase results in a nominee shortlist.

Step 3
Advanced research and personal interviews are conducted with key family members from short listed nominees.
An evaluation booklet is prepared including full profiles, interviews and caselets for each of the nominees.

Step 4
The evaluation booklet is submitted to the Award Jury for review and discussion.

Step 5
The Award Jury votes individually and anonymously.

Step 6
The winner is contacted and a full case study and film are developed in preparation for the Award Ceremony.

Step 7
The announcement of the winner and the Award Ceremony take place at the FBN Summit.