Succession Planning for Family Businesses

One of the most difficult issues facing family businesses in Asia and around the world is succession planning. A suitable process for addressing succession planning is critical for family businesses that want to continue to thrive for generations to come. This course describes a step by step process that business owning families can follow to strengthen their governance and to make succession planning a topic that is easier to address.

Detailed Information

Highlights of the course include:

  • The three circle model of family businesses
  • Lifecycle of the Chinese Family Firm
  • Advisory & consulting styles when working with families
  • The role of the solicitor when working with families
  • The starting point: Assessing the family system
  • Building the foundation of family governance
  • Developing the Ownership Role
  • The family meeting & family council
  • Conflicts & communication
  • The Family Enterprise Philosophy
  • Family policies and family constitutions
  • The importance of having an exit mechanisms
  • The corporate board and the family business
  • Identifying & selecting the ideal successor

Registration Conditions

To view our registration conditions click here.