Strategic Planning
Plan strategically for both family and business
The values inherent in family and businesses sometimes collide… after all the one is about human relationships and the other about increasing wealth. These clashes can complicate the process of achieving goals.
As you delve deeper into planning, you will set goals for both – such as defining the business’s future direction, or the family’s investment in human capital. You will need to ensure both are accomplished without contradiction.
Our recommendation in dealing with these tensions is to strategise for both sets of objectives separately, but in parallel. This means keeping an eye out for areas where family and business impact on each other and minimising negative effects.
- Evaluation of your current strategies and identification of opportunities
- Review of the family’s vision and philosophies, coupled with management insights
- Posing simple questions that sharpen a vision for the future
- Removal of all obstacles
- Implementation
Clear goals improve success
By its very nature, there are multiple voices involved in family business, all articulating competing objectives. This can result in serious gridlock. A family business that speaks with a single voice rooted in agreed goals can reach its endpoint with greater speed and efficiency.
Our services include assisting your business and family to align both goal sets for growth, risk and future direction, so that you can move towards achievement as one, steadily and with purpose.