Passing the Baby -- The 8 Must Haves of Successful Succession Planning
Succession. No other issue strips family business owners of more sleep or peace of mind. Balancing the future demands and needs of the business and the family is a strange and beautiful dance that is filled with potential missteps and trip ups. When executed well, succession planning can create a proud and honorable legacy of principles and prosperity. If done poorly, the same can turn a healthy, profitable, growing family business system into a veritable nightmare of irrational decision-making and wealth destruction.
On Wednesday, October 19 from 1:00 p.m. – 2:30 p.m. Eastern time, Dana Telford will be conducting a ninety minute webinar: Passing the Baby -- The 8 Must Haves of Successful Succession Planning. Through the use of real-life case studies, anecdotes and data from years of practical experience working with hundreds of families from 14 different countries, Dana will provide you and your family with knowledge, tools and takeaways that can be applied immediately.
A consultant of the Family Business Consulting Group, Inc, Dana Telford specializes in helping family business owners to develop transition plans that fit the objectives of both generations, create governance systems and processes that build and sustain harmony, and proactively and optimistically manage the tension that is inherent to family business systems.
Dana is a third generation member of a commercial real estate firm based in the western U. S. While earning a graduate degree in business, Dana immersed himself in the study of family business and began his consulting career shortly after graduation.
Dana has advised hundreds of business families from a many business sectors in a variety of sizes on 5 continents and in more than 14 different countries, including Switzerland, China, Greece, Saudi Arabia, Belgium, Brazil, Kuwait, England, Mexico, Canada and the UAE. He works with multi- generational family enterprises of all complexities and sizes, and across multiple industries.
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Amy Schuman, a principal of the Family Business Consulting Group, Inc. works with family businesses on leadership development, communication skills and team building. Her experience is centered on helping family members collaboratively create systems, structures and relationships to help them function as effective stewards of their enterprise. Amy creates leadership and career development approaches tailored for sibling teams, young adults, teens and younger children in the next generation. She helps create conditions for successful generational transfers.
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