Family business system & dynamics

Family businesses form a complex system made up of various layers—the founders and the next generations. As the upper layer becomes older, the transition process—setting up the next generation for success by choosing the right people based on facts and supporting them to carry on and develop the business—becomes paramount. These are the topics we love working on with families.

The world’s economy is being driven by family businesses. Some function like corporations, while many don’t, sometimes based on conscious reasons. Even the latter can sometimes be extremely successful.”

Working with the generation who founded the business or the generation who, having inherited the business, has to deal with the pressures from above, is rewarding.

Chemistry and trust are essential ingredients. It is important to take into consideration the interests of the major stakeholders in the family.

Working with the family to manage family dynamics effectively and individual leadership development areas can help unlock some of the deeply-rooted challenges connected to the relationships within the family. We can also focus on developing new ways of being, mindsets, or behaviours for promising family members who need a boost in their leadership capacities.

If you are interested to know more about our coaching approach towards teams and individual leaders, please consult our page, Executive Coaching