Planning Succession for Family Business - Online

Every family business needs to start planning for their future leadership. Whatever your planning horizon is to transitioning your business, now is the time to start having the conversation.

Succession is one of the greatest challenges associated with running a family business. Planning well maximises the chance of continuing the legacy you have built. If not, the results can have negative long lasting impacts on both the operations of the business and the dynamic of the family.

The Planning Succession for Family Business course will provide you with hands on tools necessary to begin establishing a succession plan. Supported by the use of a case study, you will learn the different options for both leadership and ownership transitions. This is an opportunity for current business leaders, future leaders and managers as well as any other parties involved in the transition process to get a head start.

Course outline

• Addressing the two business exit models: sale or succession
• Feasibility, desirability and acceptability of family business succession
• The ground rules for the succession process
• The opportunities and issues presented by ownership succession
• Designing and implementing the leadership transition process and the obstacles to succession planning
• Nurturing and developing potential successors

Key learnings

• Understand the fundamental ground rules for leadership succession
• Determine the key challenges of succession and how to manage these successfully
• Identify the personal attributes and characteristics that can assist in identifying successors

Who should attend

• Current and future leaders and managers of the family business
• Non-family executives and other key stakeholders in the transition process

This online course is delivered across two weekly sessions, followed by an optional group coaching session. All sessions will be held via zoom.

Between sessions you will be provided with activities to help you work through the content and apply it back in your family business to help you gain the most from the course. You can then bring your questions and challenges to the next session to help resolve them.

Program Dates:

Session 1 Tuesday 6th September 1.00pm - 6.00pm (NZDT)

Session 2 Tuesday 13th September 1.00pm - 4.30pm (NZDT)

Optional Group Coaching Session Tuesday 20th September 1.00pm -3.00pm (NZDT)

Meet the Presenter

John Broons

John Broons has over 40 years’ experience working in, and with, family owned businesses focusing on the family. John is a Specialist Accredited Family Business Advisor with Family Business Australia and is a Fellow of the Boston based Family Firm Institute. Over the last 10 years John has facilitated two monthly Forum Groups for Family Business Australia. John has presented internationally, at the FFI Global Conference, and locally, including FBA education programs and CPA Conference. John is also a multi-award-winning TEC Chairman who coaches and mentors CEO’s.

John focuses on adding value to business owners, CEO’s, their families & their businesses.

Registration fees

Early bird rates close on the 30th August 2022.

Please contact us at events@familybusiness.org.nz if you have any questions or require assistance with your registration.