LeadershipOne's services are designed around what we believe are the most critical elements in perpetuating a family business from generation to generation. These Seven Critical Issues are: shared leadership, trusting relationships, fluid ownership structure, shared values and vision, sense of responsibility to the extended family, work/life balance and the gift of giving. We help family businesses:
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Develop a Family Vision Statement
- Alignment of the family's values and vision with the company's strategic plan is key to successfully perpetuating a family business. If we are not on the same page we will not achieve our goals and objectives.
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| 2. |
Clarify Governance & Ownership - Building a clear understanding between "in the business" family members, "non-active" family members and management about the differences between ownership and management is paramount to perpetuating a family business.
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Build Family Harmony - We believe that shared values, a common vision and trusting relationships will create family harmony. And developing clarity of governance, management and ownership roles and responsibilities will help maintain it
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Prepare the Next Generation
- We help family members gain knowledge about the family business and establish criteria for family members to enter and progress within the company. It is all about expectations and accountability.
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Create a Family Council
- Family councils range from the role of being the governing Board of Directors to an annual family reunion where information and education about the family business are part of the event. We design charters for Family Councils and help facilitate these most important meetings.
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| 6. |
Coach and Support
- We assist family members to effectively interact and communicate at work. There are many opportunities where a coach experienced not only in business management but also in family dynamics is vital to success.
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