Research indicates family businesses consistently out-perform non-family businesses in terms of return on investment and market value.
So what are the advantages available to a family business that can make them more successful?
The Family Business Essentials workshop will provide you and members of your family with the opportunity to spend time focusing on the health of your family business, where you want to be and how you can harness your distinct competitive advantage to reach your goals.
Course outline
- Identify family and business as interconnected systems which need differing approaches to maintain performance
- Understand the structures and processes that will professionalise your family business
Content
- What makes a family business different
- The competitive advantages of family businesses
- The 3 intersecting elements of family business – family, business, ownership
- The conflicting systems of “family” and “business”
- Family business values
- 9 Key success factors for a family business
Key learning
- Understand the key elements of a successful family business
- Identify how those key elements apply to your family business
- Identify areas of your family business that require focus and set priorities
- Develop an action plan to take back to your business to refine and implement
Who should attend
- All members involved in strategically guiding the family business
- Family businesses that do not have the wisdom of previous generations to draw upon
Facilitator
Michael Simonyi | Simonyi Family Business
Michael is an Accredited Family Business Advisor who brings 20 years of recruiting for family and private businesses, and a genuine passion for the sector, to his relationships with owners.
Michael’s expertise is in recruiting roles which can have a profoundly positive impact, both on the businesses he works with and the careers of the people he places in them.
Be it the C-suite, roles within Senior Management Teams or leadership positions across various functions of a business, Michael’s process revolves around searching out high performers who can demonstrate a track record of, and continue to be motivated by, delivering outstanding outcomes.
Those eligible to register for this event
- FBA Family Business Member. This workshop is free for FBA members.
- Family Business Non-Member. For non-members, the $195 workshop fee is redeemable if you join FBA within 7 days of attending the workshop.
Note: This is a family business only event. Advisors should not register to attend.
Please contact the office on 1800 249 357 or education@familybusiness.org.au if you have any questions or need assistance registering for this event.
Click here to view the terms and conditions.
Share the events page with your family and colleagues - spread the word.
