Succession is not the problem It’s the growth
-
Upload
kameko-mckenzie -
Category
Documents
-
view
30 -
download
0
description
Transcript of Succession is not the problem It’s the growth
![Page 1: Succession is not the problem It’s the growth](https://reader033.fdocuments.in/reader033/viewer/2022042718/56812fa4550346895d95238a/html5/thumbnails/1.jpg)
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
![Page 2: Succession is not the problem It’s the growth](https://reader033.fdocuments.in/reader033/viewer/2022042718/56812fa4550346895d95238a/html5/thumbnails/2.jpg)
2
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
![Page 3: Succession is not the problem It’s the growth](https://reader033.fdocuments.in/reader033/viewer/2022042718/56812fa4550346895d95238a/html5/thumbnails/3.jpg)
3
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