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Transcript of 1 Succession is not the problem It’s the growth Family Business Conference August 2007 Facilitator...
1
Succession is not the problem
It’s the growth
Family Business Conference August 2007
Facilitator Adrian McFedries Managing Director, DC Strategy
www.dcstrategy.com
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Panel Members – Family Business
No. Family Members Involved
Year Est. Industry Family Generation Involvement
Stephen Donnelly 3 2002 Food Manufacturer/ Retailer
HQ = QLD
1st & 2nd Generation
David Cohen 5 1996 Homewares/ Gift Retailer
HQ = VIC
1st & 2nd Generation
Roger Bushell 5 2001 Software Development/ Distributor
HQ = VIC
1st & 2nd Generation
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Family Business - Built to Last
Why does growth impact succession planning so much?
Sustainable profitable growth is a primary challenge
Founder effect is difficult to scale in a family business?
Succession planning places too much emphasis on the people not the business?
Have advisors let family business down over the years?
Value Proposition
Customer
Sustainable Business Model