Conflict management

Conflict in family businesses is widespread and is primarily due to the overlap of roles in these businesses; this conflict has its own complex and multi-dimensional dynamics, and is quite different from a normal dispute. So, it should be approached accordingly, in a professional manner that uncovers its true causes and allows for an effective resolution. Unresolved conflicts often become repetitive and disruptive

Family Vision and Strategic Plan

Successful families develop their own vision many years into the future, for clarity on the direction in which they want to evolve. This improves the alignment of family members and their business on common strategic objectives.

The family strategic plan is the roadmap to making the family vision a reality by articulating the actions that they envision to undertake for achieving the goals that they have set for themselves.

Family Constitution & Family Organization

These are a cornerstone in family governance. The family constitution encompasses the values and rules on the family conduct, benefits and relationship with their business. The family organization is tailor-made to streamline communication and decision-making between the business and the family.

Family Succession Planning

A delicate and complex process of identifying and selecting the next generation family leadership. Who succeeds the founder or family patriarch when he / she decides to pass-on the family leadership; or when circumstances suddenly impose such change? Has a successor been identified and prepared for this role, and how was he / she identified?

Vision & Mission

Defines the direction in which a company wishes to steer, and allows better focusing of its resources in order to achieve the vision. Without a clear vision a company could make inconsistent decisions in the short term that are not aligned with its stated vision.

Strategic Plan

Defines the goals that the company wishes to achieve over a period of time, the actions it intends to take and the resources it will be deploying to achieve these goals. It allows a realistic planning of the company’s resources and clarity on allocating roles and responsibilities

Board of Directors

Successful boards are carefully selected consistent with what best suits the requirements of the business, and they have clearly defined roles and processes. We work with our clients to put these in place and to ensure their effectiveness.

Business Succession Planning

We work with family businesses on having in place an effective management organization, and creating succession plans for the key positions to ensure continuity and enhanced performance.