Chicago, IL (PRWEB) May 08, 2011
One of the unique challenges of the founder generation is developing a process for how the siblings will learn to work together when Dad and Mom are gone.
This shift in power to the next generation has a distinct impact on the siblings in a family business, they must determine a new way to make decisions. This particular transition in leadership has been researched and proven to be the most challenging one for family businesses to accomplish.
So how do family businesses that accomplish it manage to do so?
In this webinar our experts will discuss some of the challenges a sibling group might face:
- Overcoming a difficult history of family dynamics
- Decision making as a sibling team
- How to define the sibling partnership
- Learning to understand each other's unique perceptions of family, of business, and the world at large
- Roles and responsibilities as adults, owners of a business and family members
- Presented by: Stephanie Brun de Pontet & Kent Rhodes
- Price: $159, Multiple Site Discounts Available
- Time: 1:00 pm EDT, Noon CDT, 11:00 am MDT, 10:00 am PDT (90 minutes)
- Date: Wednesday May 18, 2011
- Click here to register
- Family firm shareholders, inside and outside the business
- Next generation members, particularly from Founder to sibling
- Board members in a family business
Key learning points:
- Understanding the specific challenges of this transition
- How to appropriately allocate management responsibility between siblings
- How to create a unified voice
- How to successfully "onboard" spouses in a family business
- Learning to develop the roles of family members both "in" and "outside" the business
About The Family Business Consulting Group, Inc.:
Founded in 1994, The Family Business Consulting Group is the leading business consultancy exclusively devoted to helping family enterprises prosper across generations. With 22 consultants in the United States, Canada and Europe, FBCG advises more business-owning families than any other firm in the world. In addition to assisting clients with strategic planning and succession planning, FBCG consultants conduct research, present seminars and author newsletters and books addressing key issues such as conflict resolution, board development, and improving family relationships and communications. The firm is headquartered in Chicago, Illinois.
For more information about The Family Business Consulting Group and its services, visit efamilybusiness.com.
To hear the latest on what industry leaders are saying about education as it pertains to family business, visit our blog at familybusinessconsultinggroup.com.
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