Next Gen Leadership Coaching
Founder and Next Generation Transitions
When a family business transitions to the next generation, it faces an emotional and challenging issue that must be prepared for in advance. This process needs thoughtful planning instead – not managed as simply one day deciding what will happen when things get too difficult or unmanageable!
The founder’s legacy is at stake; there could potentially never again see someone like them take control over their company because some people may have a vested interest like whether they own equity shares in the business. As the founder transitions out, they need to ensure that their company’s culture and values are upheld.
We help family companies with family business succession planning. We help plan for the transition by obtaining an accurate picture of their existing talents and motivations, benchmarking them against top internal resources (especially in a critical phase) as well as external partners/companies who can provide assistance during this time when founders are transitioning. We analyze potential opportunities with regards to future strategy; while also taking into account what is desired vision amongst other things like socio-economic climate or environmental factors which may affect business growth positively/negatively. We help families preserve the legacy of a business by ensuring objectivity and meritocracy in appointments. Our team will evaluate your next-generation leaders to find their fitting roles, as well develop plans for grooming these individuals so that they can fully realize his/her potential with our objective eye on what’s best for you now while looking at long-term success!