Programme 1 - Family business advice & succession planning
Advice in 3 key areas:
PROGRAMME 1 - FAMILY BUSINESS ADVICE & SUCCESSION PLANNING
This programme explores the natural tensions in a family business between the family system and the business system which often leads to tension and conflict - especially as the shareholder base widens - and the different stakeholders in a family business arising from ownership and management.
Click the play button below to listen to this podcast in full or click here to download it for listening later. You can also listen to indivividual tracks using the menu below.
The range of stakeholders in a family business is illlustrated by the diagram below. Each has a different perspective, as does one generation to the next. By recognising these differences and putting in place a “system” that manages the potential conflicts, family businesses can build on their inherrent strengths.
Click the play buttons below to listen to individual tracks:
1. The issues
2. The stakeholders involved
3. The tensions leading to conflict
4. The challenges for the founder and siblings
5. Strengths
6. Approach to an assignment
