How can facilitation help your family business?
“I’m not worried about my competitors. I’m worried about my family.”
The facilitation process gives family business owners a realistic picture of the human and intellectual capital available to grow or transition the business. In many cases family conversations grow the appreciation for the founder’s legacy or even launch new ventures.
Enterprising Generations designs services to meet each family business unique needs.
Helping the family stay on track, providing needed professional development expertise and resources and understanding conflict dynamics ensure productive and efficient use of participant time.
Family Business Vision Planning
Founders considering their exit. The right conversations determine whether there is a shared family vision to continue the business.
Identify a family vision and mission
Address the impact of family conflict on the business future
Develop family policies such as employment or philanthropy
Assess business interest of the next generation
Family Business Strengths Planning
The core of succession. The process of matching family member strengths to the needs of the business requires honest conversations.
Determine individual strength profiles and conflict styles
Select a family leader
Identify professional and career interests either inside or external to the family business
Develop short and long-term educational plans for all family members
Family Business Leadership Planning
Renewing the business for future generations. Stronger leadership, both in the family and the business is needed. The complexity of the conversations increases.
Communicate succession planning needs for the business to the family
Address conflicts between the business and family
Develop professional leadership plans with timelines to prepare successors
Identify gaps where non-family leaders are needed
Design onboarding process for new family member employees
Family Enterprise Planning
Protecting family business success. Managing a portfolio of shared assets that support multiple generations requires productive conversations within a strong governance structure.
Evaluate governance structures for business, ownership and family discussions
Introduce key elements of shareholder or prenuptial agreements
Establish timelines for transition events
Disclose estate planning decisions
Strengthen family connections to business matters