PLANNING SUCCESSION FOR FAMILY BUSINESS - ONLINE
Family business succession is not one thing but many. It is not a single event that occurs when a leader retires and passes the baton to a new leader, but a process that is driven by a developmental clock. The process is not always rational and planned.
Every family business needs to start planning for their future leadership. Whatever your planning horizon is to transitioning your business, now is the time to start having the conversation.
Succession is one of the greatest challenges associated with running a family business. Planning well maximises the chance of continuing the legacy you have built. If not, the results can have negative long lasting impacts on both the operations of the business and the dynamic of the family.
FBA’s Planning Succession for Family Business course will provide you with hands on tools necessary to begin establishing a succession plan. Supported by the use of a case study, you will learn the different options for both leadership and ownership transitions. This is an opportunity for current business leaders, future leaders and managers as well as any other parties involved in the transition process to get a head start.
Online Session Dates
Tuesday 16th March 2021
Tuesday 23rd March 2021
Tuesday 30th March 2021
Group Coaching Session
Tuesday 13th April 2021
This online course is delivered across three weekly sessions, followed by a group coaching session. All sessions will be held via zoom.
Between sessions you will be provided with activities to help you work through the content and apply it back in your family business to help you gain the most from the course. You can then bring your questions and challenges to the next session to help resolve them.
$1,095.00 (incl GST)
2-3 people$995.00 (incl GST)
4+ people$895.00 (incl GST)
$1,995.00 (incl GST)
Addressing the two business exit models: sale or succession
Feasibility, desirability and acceptability of family business succession
The ground rules for the succession process
The opportunities and issues presented by ownership succession
Designing and implementing the leadership transition process and the obstacles to succession planning
Nurturing and developing potential successors
Understand the fundamental ground rules for leadership succession
Determine the key challenges of succession and how to manage these successfully
Identify the personal attributes and characteristics that can assist in identifying successors
Who should attend
Current and future leaders and managers of the family business
Non-family executives and other key stakeholders in the transition process