Shareholders in family companies frequently come into conflict as the company grows, the shareholder mix changes, generations succeed each other, an outside investors appear and the idea of hiring non-family professional managers comes up. The biggest divergence of interest develops between shareholders who previously participate in the management of the company (“founders”) and those who do not (“successors”).
At times, families are unable to preserve the business because of fissures within. These occur in later generations when the family has grown larger and the younger members lack an emotional connection with the business.
Some members see the business as a source of pride while for others, it is a financial investment. Some want to grow the business, take risks, diversify and introduce a meritocratic culture while others prefer to retain the old traditions and ways of running a business.
In our experience, family businesses that are able to foster solidarity, share a set of values, and are sensitive to changing equations are the ones that succeed.
This experience led ActionCOACH South Jakarta to develop a fixed-priced Family Business Alignment Program. We will help you take an in-depth look at your goals (both business and personal), align your current and future business strategies, communication strategies and execution strategies.
It’s basically a road map for the future of your business.
You’ll walk away with a complete list of strategies and ideas that you’re not currently using in your business, as well as identifying those you’re using that need to be improved. The process of going through the Alignment ensures that you, your life or family and your entire team are clear on your goals and objectives before we begin to change anything. This is vitally important to ensure we are able to clearly identify what each person is striving to achieve.
An alignment consultation is where an ActionCOACH starts with every business owner. What you invest and what your ActionCOACH invests with you will result in a clear understanding by both you and your ActionCOACH about the goals you want for your business, as well as your challenges, your sales, your marketing, your finances and so much more…
All of this is done with 3 goals in mind…
1. To know exactly where your business is at now
2. To clarify your goals both in business and personally
3. And third, to get the crucial pieces of information they need to create your businesses ActionCOACH Plan for the next 12-months
Here is what our clients say…
To start with a Business Diagnostic Test, click HERE.