Go beyond the technical legal, tax, and estate planning issues traditionally associated with succession planning. Instead, explore the “human” side of the succession process that must be considered in transitioning the family, the business and the ownership successfully.

Core Teachings

• Identify Succession Requirements – Discover specific succession planning needs and opportunities—including planning, policies and procedures—in your family clients, their businesses and their ownership groups
• Identify Successive Leadership – Learn the characteristics of successful next generation leaders, and proven ways to assist them into post-succession roles
• Grasp Succession Essentials – Understand how all aspects of successful transition and succession fit together, through shared experiences from both the organizational and individual perspectives

Set the Stage for a Successful Transition

From the Organizational Context:

• Learn effective structures, practices and policies for each of the three circles in a business family (family, business and ownership) that create the conditions for success
• Understand your role as a trusted advisor in helping families transition, as well as the roles of family leaders and other family members

From the Individual Successor:

• Learn about the roles of, and differences between, Family Leaders and Business Leaders
• Learn models for sibling leadership and the derailment factors for sibling teams