What we do

We help families have clear and honest communication, implement family business best management practices, grow the business and build equity to support a successful transition from one generation to the next.While our services are customized to individual needs, the issues we help with include:

Ownership succession planning:

Helping clarify and articulate family core values, vision & long-term goals

Exploring individual and family levels of commitment to the business

Developing systems to support meaningful family career opportunities

Developing policies and procedures for next generation employment that help avoid challenges such as nepotism

Clarifying requirements of the next generation leadership in the context of the business strategy

Building a succession process that supports multi-generational families

Professionalization of the business:

Helping develop ownership, management and family systems that move the business from an owner-centric organization to a management- centric organization; from one that depends on constant family input on daily operations to a business that creates equity in itself and for the family.

Family dynamics and communication

Developing understanding of the nature and sources of conflict within your family

Helping develop stronger communication skills and relationships to support your family, management and ownership systems

Developing communication processes for family needs, emotional concerns and work-life balance stability

Family business peer meetings

These are peer-learning groups comprised of family memebers from different familiesi joined together in small groups with a facilitator to discuss family business issues, challenges and goals, as well as learn how others implement family business management practices.

Particpants are able to brainstorm situations, get feed-back on strategic planning ideas, explore strategic development strategies, discuss leadership issues among a network of peers who can empathize with your situation, share their experience, and provide perspective.

Next generation development

Does the next generation have the leadership to lead the family and the business? Are younger children struggling to understand their roles or clarify their position not only in the family but the workplace as well? We can help you identify and implement a proactive approach to help avoid significant challenges later to the family business.

Some specific challenges we can help with:

Mentoring the next generation

Making compensation decisions

Team building

Developing your board of directors or advisors

A CEO’s transition into a new life

Career development for family members not in the business

Family member’s transition out of the family business

Stress management

We can support our clients as an independent consulting firm, as well as part of a multidisciplinary team – either being brought in by advisors to the family business or we recommend other family business experts, including estate attorneys, accountants, and family therapists.

Next, find out why you should work with us.

The Family Business Leader
info@thefamilybusinessleader.com
212-777-0083
441 East 20th Street, Suite ME,
New York, NY 10010