Succession Planning
Strategic Planning and Growth
Succession Planning
1. **Succession Planning**
- **Leadership Transition**: Guidance on how to smoothly transfer leadership across generations, ensuring continuity and preventing internal conflict.
- **Mentoring Next-Gen Leaders**: Coaching for younger family members to prepare them for leadership roles, focusing on skills development and responsibility.
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1. **Succession Planning**
- **Leadership Transition**: Guidance on how to smoothly transfer leadership across generations, ensuring continuity and preventing internal conflict.
- **Mentoring Next-Gen Leaders**: Coaching for younger family members to prepare them for leadership roles, focusing on skills development and responsibility.
- **Ownership vs. Management**: Clarifying the distinction between ownership and operational roles to avoid confusion and power struggles.
Family Governance
Strategic Planning and Growth
Succession Planning
Establishing Family Councils**: Coaching on setting up governance structures like family councils or boards to formalize decision-making.
- **Conflict Resolution**: Teaching conflict management strategies to resolve disputes among family members and ensure healthy communication.
- **Defining Roles and Responsibilities**: Helping family me
Establishing Family Councils**: Coaching on setting up governance structures like family councils or boards to formalize decision-making.
- **Conflict Resolution**: Teaching conflict management strategies to resolve disputes among family members and ensure healthy communication.
- **Defining Roles and Responsibilities**: Helping family members clearly define their roles within the business to avoid overlaps and inefficiencies.
Strategic Planning and Growth
Strategic Planning and Growth
Strategic Planning and Growth
Long-Term Vision Setting**: Coaching on aligning the family’s vision with business strategy for long-term sustainability and growth.
- **Innovation and Digital Transformation**: Helping family businesses adopt innovative practices and new technologies to remain competitive.
- **Global Expansion**: Advising on how to internationalize the family business while preserving core values.
COACHING CUSTOMIZED FOR HUNGARY
La Dolce Vita
Work-Life Balance and Family Dynamics
Work-Life Balance and Family Dynamics
Wealth Management and Estate Planning**: Ensuring that the business’s wealth is preserved and transferred efficiently to future generations.
- **Shareholder Agreements**: Crafting agreements to manage ownership shares among family members while maintaining unity.
Work-Life Balance and Family Dynamics
Work-Life Balance and Family Dynamics
Work-Life Balance and Family Dynamics
Balancing Family and Business Roles**: Coaching on how to maintain personal relationships while managing business responsibilities.
- **Work-Life Integration for Family Members**: Strategies for family members to achieve a healthy balance between business commitments and personal lives.
Professionalization of the Business
Work-Life Balance and Family Dynamics
Professionalization of the Business
Hiring Non-Family Executives**: Coaching on how to integrate non-family professionals into leadership roles while maintaining family culture.
- **Performance Management Systems**: Establishing clear performance metrics and accountability mechanisms for both family and non-family employees.
COACHING CUSTOMIZED FOR HUNGARY
Corporate Governance and Compliance
Financial Management and Capital Structure
Corporate Governance and Compliance
Corporate Structure Optimization**: Ensuring that the business’s corporate governance framework is legally sound and efficient.
- **Compliance and Risk Management**: Educating family members on regulatory compliance and risk management to avoid potential legal or financial issues
Cultural Heritage and Brand Legacy
Financial Management and Capital Structure
Corporate Governance and Compliance
Preserving Family Values in Business**: Coaching on how to maintain family traditions and values while modernizing the business.
- **Brand Legacy and Storytelling**: Helping family businesses build strong brand identities that reflect their heritage and family history.
Financial Management and Capital Structure
Financial Management and Capital Structure
Financial Management and Capital Structure
Sustainable Financial Planning**: Ensuring the business remains financially viable through proper budgeting, forecasting, and capital allocation.
- **Raising Capital**: Guiding family businesses on how to secure external funding while maintaining family control over the business.
COaching customized for hungary
Leadership Development and Emotional Intelligence
Leadership Development and Emotional Intelligence
Leadership Development and Emotional Intelligence
Emotional Intelligence Training**: Coaching family leaders on emotional intelligence, which is crucial for managing both family and business relationships.
- **Leadership Styles and Adaptability**: Helping family members develop leadership skills that can adapt to changing business environments.
Innovation and Digital Transformation
Leadership Development and Emotional Intelligence
Leadership Development and Emotional Intelligence
The need for family businesses to stay competitive by adopting new technologies and innovation strategies.
- How coaching can help family businesses innovate without losing their core identity.
- Key Focus Areas:
- Embracing digital tools and technology.
- Balancing tradition with innovation.
- Exploring new markets and business models.
Professionalization & Organizational Structure
Leadership Development and Emotional Intelligence
Professionalization & Organizational Structure
Transitioning from informal family management to a more professional, scalable business model.
- Coaching’s role in formalizing roles, responsibilities, and corporate governance.
- Key Focus Areas:
- Implementing a formal organizational structure.
- Separating ownership from day-to-day management.
- Introducing external managers and executives.
