What we do Preparing the Next Generation
We prepare tomorrow’s leaders for the complex and rewarding job of guiding a family enterprise.Ushering in the next generation of leaders can create tension around expectations and shifting roles. As the leading generation waits for the next to take charge, the next generation may be waiting to be empowered and equipped for their new responsibilities. What you need is forward momentum. What you get is gridlock.
Our consultants prepare tomorrow’s leaders to ensure the long-term sustainability of the business. We educate them on how decisions are made, map out ways to become more involved, and help them find a voice. For more than 25 years, we’ve helped them balance the changing and sometimes conflicting priorities they’ll face in a family enterprise.
Preparing for Ownership
The more owners know, the more confident and committed they are to the enterprise.
As a group, owners must understand how decisions are made to balance business and family needs. And a strong understanding of the ownership structure empowers current and future shareholders. Owners get a greater sense of satisfaction from their participation and personal contribution, and the business prospers.
We work with families to plan for ownership changes and create programs for educating new and future owners on their rights and responsibilities as shareholders.
Preparing to Work for the Family Business
The knowledge and skills to give the next generation the strongest platform for success.
It starts with an understanding of the business’s purpose, industry, policies and governance structures. Learning key leadership skills like communication and conflict resolution help them manage the different needs of the family, the owners and the business. And proactive career development ensures they continue to grow personally and professionally and bring more to the enterprise.
It’s important to lay the right groundwork with the next generation, and start early. We provide a variety of services and support to ready them for their future roles and responsibilities as employees, owners and stewards. We also help businesses set the stage for success by developing employment policies, clear job responsibilities, equitable compensation and systems for effective performance management.
Preparing to Work with Each Other
Working as a team, toward common goals, builds strategic advantage – and family bonds.
When owner groups become teams – highly aligned, knowledgeable and engaged – they become a competitive advantage for their family’s enterprise. To get there takes building lasting relationships based on trust rather than circumstance, as business partners, coworkers and family members.
We help the next generation learn to function as a whole and as individual contributors, regardless of their role in the family or the business. Learn more about how to prepare the future leaders of your business.