Is your Family Business Healthy, Productive and Positioned for the Future?
You’ve had an amazing amount of success, but you know you won’t be around forever.
So what’s your plan to ensure your business keeps thriving long after you’re gone? Is the next generation prepared to continue your success?
Creating the right transition plan is critical. And then beginning to execute it now is even more important. This is the definition of win-win, win scenario. Because, when done right, everybody benefits tremendously. The organization is positioned to thrive. You are enabled to enjoy and extend your career in a new and improved role, without unnecessary stress and worry. And the next generation leaders are gaining trust, confidence, competence and respect of the organization.
If you’ve already been through a succession process, you’re probably aware of the pitfalls and dangers of doing it wrong....
...as well as the rewards and benefits of running the business with the future leaders in mind. Creating a long term plan, no matter how early it is, dramatically increases the likelihood of a successfully transition when the time comes. Ongoing training, education and preparation of the next generation of leaders is a key activity along with ensuring that the fundamentals of your business are robust and strong.
Next Generation Leaders
Are you being taken seriously in your family business?
Are you trusted and respected by your parents and the team? Do you have to ask permission and approval for even the smallest things? Do you have to adjust who you are daily to fit someone else’s idea of who you should be?
It’s time to turn around the past resentments, expectations and conditioning, and using the tools you’ll discover on this site, take a new level of initiative and gain the trust and respect that positions you as the logical choice successor.
Do you experience friction in your relationship because of your business?
Is your business not being fully optimized because of your relationship?
If you said yes to either one of these questions, there is an opportunity for improvement that would benefit you, as well your organization. Imagine being able to express your full truth and that truth being received fully and gratefully. How would it feel to be fully aligned with your partner around the current and future initiatives in your relationship and business? What if there was a way you could be on the same page when it comes to decisions around the development of the next generation, would you be interested?
Are there long standing resentments that are standing between you and your brother or sister? Do you find yourself dancing around certain issues and not being able fully express yourself and address the way you work together?
What if you could find a way to communicate that would allow you to be heard? How can you align and collaborate with your sibling in a way that would complement each other’s strengths? Building a strong partnership, based on mutual trust and respect, with your brother or sister goes a very long way in securing your family business legacy in your and future generations.
I have served on a Board of Directors with Ivan for the last 9 years. I have seen first-hand his mastery at uncovering the problem, slicing through the fluff to find the heart of the matter and prescribing solid advice to advance the ball and correct the problem. I have a great deal of respect for Ivan and his business acumen and would count him as one of the very few who can be relied on for business advice that actually works.
- Keith J. Cunningham, www.keystothevault.com
To me, one of the most core foundations to any relationship, personal or professional, is to be able to appreciate and understand ourselves and each other better. The more proactive we can be about this, the more successful all of our relationships will be. Mariana’s and Ivan’s approach to helping individuals get clearer on their strengths and how their unique brains and personalities function is a powerful vehicle to helping people do just that. Their style is light, fun, credible, and strong in all the right places.
- Anese Cavanaugh, Bestselling Author of “Contagious Culture”, International Speaker and Advisor on Business Culture and Performance - anesecavanaugh.com
My wife and I at times had a very hard time relating to each other in business, and it was affecting more than just one area of our lives. We ended up working with Ivan and Mariana. They helped us understand things about each other that brought us closer together; helping us see things about each other we never saw before and has given us a powerful vision for the future. Through working with them we have a totally new understanding and appreciation for each other and will help us grow both individually and synergistically.
- Dr. Isaac and Erica Jones, Founder and CEO of DHC Inc.
Will your Family Business stand the test of time?
Take the Family Business Future Readiness Assessment and find out how prepared you are for what the future holds.
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