Founder and Next Generation Transitions

Founder transition is an emotional and challenging issue that faces every family business at some time. Each generational transition is an opportunity to reflect on the futures strategy and the ownership and management structure. Preparing for this transaction in advance is critical to the continued success of the business. This process needs to be thoughtfully planned rather than managed only as eventuality. We assist family companies in planning for transition by obtaining an accurate picture of existing family talents and their motivations, benchmarking them against the best available internal and external resources (especially in the critical phase of founder transition), and analysing their potential, using a unique methodology, in the context of future strategy of the business and vision of the family.

Ensuring objectivity and meritocracy in appointments is vital to the long-term success of a family business. We are frequently asked by our clients to evaluate and assess next generation family leaders with the objective of identifying fitting roles for the family members and to develop plans for grooming these individuals to fully realize their potential.