Leading and assuring the continuity of your family enterprise
FAMILY ENTERPRISE CONTINUITY
We help you and your family find a common platform, a clear strategy and a good framework to ensure continuity.
Family businesses are fundamentally structured differently from other firms. This leads to demanding internal conditions in addition to commercial and market challenges. As the family grows, complexities increase. While different expectations evolve around the heritage and maintaining the traditions on which the company is built, continuous innovation and development are required.
Participants: The program is for individual family businesses and all family members including current and next generations, active or not active as well as owners and board members.
Through the program, we provide a unique learning opportunity for families who want plan solid and long-term ownership between generations and family branches. By raising awareness of a range of challenges and dilemmas, we help you and your family find a common platform, a clear strategy and robust frameworks to ensure continuity.
Learnings of a lifetime
The following topics are addressed:
- How other successful families have managed and nurtured entrepreneurs over generations.
- Different ownership roles in a family business and their responsibilities - how to own and develop a successful business together over generations.
- Develop a platform for knowledge sharing, learning and decision making.
- Create a strategy that brings together owners (vision, goals, values, risk, liquidity, growth).
- Management of the family's relationship with the external world including social, societal, philanthropic and political activities of the busines.
Families often get emmeshed in conflict, family roles and responsibilities, difficult conversations and misalignment of the family with the business. We help families agree on their values to build a strong mission and vision for the family and for the firm: preserving harmony and laying the grounds for a sustainable future for both
How is this done?
Our advisory starts with a conversation with the family/owners where we introduce the fundamental opportunities, challenges, and issues that all family firms face. We address the understanding of an owners’ role and responsibilities, and provide you the frameworks for good synergies between different owners.
In addition, we help you build a clear ownership strategy. We start the work with each individual family member: this is important for creating engagement and not least - getting everyone to become a strong team member.
Each family enterprise is unique and therefore the training and content are adapted to individual families and their members.
Dates: Since the program is tailored for you and your family, we we find dates that suit everyone.
FEE: Contact us for more information.
Language: This program is offered in Norwegian, English, Danish and French.