Unique Challenges for Family-Owned and Closely-Held Businesses
Clients seeking our services generally cite one or more of the following concerns for their business:
Succession Planning:
How do you make a smooth transition from one generation to the next? How do you pass ownership and plan for future management of the company in a way which is both fair and effective?
Organizational Structure:
What is an appropriate organizational design and structure for the company as it grows?
Competence Issues:
Are individuals well suited to their jobs and the business? How can the senior generation accept "letting go" of the reins as a positive step?
Strategic Direction:
How should strategic planning be integrated with succession planning?
Communications:
How does a business improve ways of communicating and decision-making at all levels?
Clients seeking our services frequently are concerned over the following family issues:
Family/Business Overlap:
How can we manage personal relationships and business ties successfully? How can we successfully function in our multiple roles?
Communication Difficulties:
How can we talk about issues that are potentially hurtful or upsetting?
Managing Differences:
How can we more effectively deal with conflict and solve problems?