In this period of economic uncertainty, we anticipate that many family businesses are looking for ways to respond to the effects of COVID-19 and thrive at the same time.
To thrive in the current economic downturn, family businesses need to identify, understand and address unique family in business dynamics, contexts and cultures. They need to address issues relating to ownership and family legacy continuity, generational conflict, management succession and professionalization, senior generation retirement and wealth, governance for the family and business, career development, remuneration and recognition, and future planning.
Using a logical GENERATIONS framework, participants will be exposed to the latest family business thinking and best practice.
This webinar will cover the introduction to the following topics:
- Family business dynamics
- Introduction to family business dynamics
- Family business life cycles, development cycles and patterns
- Family business success lies in shared dreams and values
- Sustaining the family business in the Covid-19 induced new normal