Family Business Succession Consultant
Business Continuity Consultant
Family Business Succession Problems & Their Solutions
Smooth transition of your family business to the next generation with the guidance of a family business succession consultant. Overcome common family business problems in Pakistan and train you next generation to effectively manage your legacy.
What I Provide
Family Business Transition Consulting
I help family businesses transition between generations smoothly. As a conflict resolution consultant, I resolve disputes to keep the business on track. I design training programs for the next generation, ensuring they’re ready for their roles. Plus, I establish family business constitutions for clear decision-making.
Inter-generational Transfer Facilitation
Smooth transition of ownership and leadership in Pakistani family businesses for future generations.
Next Generation Leadership Identification & Training Programs
Frameworks for identifying the next leader, assessing competency levels, and establishing criteria for entering the business and taking the lead
Family Business Constitution
Developing structured governance frameworks to guide decision-making, and establish procedures for all family members working in the business to follow.
Setting Standards for Next Generation Leaders
Defining roles, responsibilities, and expectations to successfully manage family businesses' operations, and their responsibilities in their homes.
Conflict Resolution Solutions
Expert resolution of family and business disputes to maintain harmony. A Pakistani-focused consultation addressing local issues.
Retirement Strategy
Practical solutions for transitioning from the family business, ensuring financial security by aligning needs and expectations.
FBS consultation can help in seeing your next generation managing your business smoothly
Maintaining business performance and family members won't fight as all have their set boundaries.
I help in developing family members to work in the business, ensuring they move in the same direction like well-oiled machine parts.
Inter-generational Transfer and Conflict Resolution Consultant
I have converted the transfer of family businesses across generations into an exact science. Just implement my solution & see your young generation managing your business successfully.
Need Information
FAQs About our FBS Consulting
Family businesses and their problems are complex, and we need personalised and customised solutions for them. The process to get the solution is the same, but the solutions are different.
For example, if I ask, “What’s your vision?” the question is the same, but the answer of different people are different.
Family business success depends upon two factors:
- Business performance (Business Grows and stay profitable)
- Family satisfaction (family members don't fight with each other)
Family business success does not solely depend on business success indicators alone, as it is a family business. The leader needs to consider both family satisfaction and business performance. For instance, if there is a conflict between two brothers in the business, it wouldn't just impact the business; it could lead to separation within the family. Business separation might be easier to endure than family breakup, which can be very painful.
Let's discuss this further on a phone call for better clarity. Book a free consultation, and let's talk.
The ultimate criteria for passing your business to your next generation can be summed up in three words: Competency, interest, and responsibility
i) A non-competent person should not enter into the business.
ii) If any family member has their interest outside the business, don't force them to enter into the business.
Ietadaal – Balance - miana ravi
Give Equal importance to Family and Business. When It Comes to Business, Business Is First, When It Comes to Family Then Family Is First
You certainly want your family members to lead friendly and satisfied lives without conflicts because unresolved conflicts affect both family life and business negatively.
A desire that every family business owner harbors is to pass on the business to their next generation. But when these businesses transition from the second generation to the third, they can't rely solely on business concepts and techniques to improve performance. They need to address the business's problems using different techniques.
- Transparency,
- Clear work authority, and job description, He should know his boundaries and should be allowed to play
- Supervising the young leader's actions, giving room for errors and learning chances.
- My children flourish in front of me.
- All family members live a friendly, satisfied life without fighting.
- My family business grows, and I see my kids have taken it to the next level.
- My children work with honesty and do not cheat anyone.
- My children don't waste time.