Family Business:  
  challenges:  
 
  • succession planning is based on relationship, emotion, loyalty and conflict.
  • short term business plan / no business plan / formal business monitoring / compliance monitoring
  • mutual dependence of two eco system - family and business / two sets of rules - family members and other
  • lack of innovation - use of technology - professionalism
  • attracting and retaining right competence and talent / micromanagement
  • potential nepotism, sibling rivalry, acrimonious fights for inheritance - legacy and control
 
opportunities:
  • to create outstanding and long-lasting structure of family business
  • opportunity for growth due to quick decision, easy access of finance, self-motivation, strong values and agility
  • to be ahead of competitors by acquiring the right mix of talent, technology and innovation
  our solutions:  
 
  • continuity planning / succession planning / generation change - developing next generation leaders.
  • strategic planning for the core business / aligned business / business restructuring / business re-engineering
  • creating family business governance structures 
  • professionalizing management
  • business excellence
 
  do you have similar challenges ?     contact us.    let's solve it.