Institutional Transformation Workshop
The first stage of the Institutional Transformation programme: an interactive workshop that raises awareness and builds family consensus.
A service that guides family business owners through the first step of institutional transformation and builds consensus in the family on the road ahead, for the business to last and grow, through an interactive workshop of group and one-to-one sessions with the owners and the next generation, where local and international best practice is discussed with specialists.
Objectives
- Building family consensus on the business plans
- Equipping owners with the knowledge and practice of the best administrative, legal and financial arrangements to run the company and keep it going
- Proposing and discussing local and international best practice with family business specialists
Procedures
Filling in a questionnaire on the company’s basic data and its main obstacles and challenges
Designing the programme around the company’s obstacles and challenges
Delivering the workshop
Measuring satisfaction
Outputs
- Agreement within the family on work plans and the road ahead.
- Owners and the next generation understand the best legal form for the business to last, the causes of disputes and their solutions, and the family charter and how to prepare it.
- Local and international best practice in family businesses, discussed with specialists.