This is a partial preview of Family Business: Effective Succession Planning (21-slide PowerPoint presentation (PPTX)). Full document is 21 slides.

Please register (it's free!) or login to view the remaining preview.

Save to List

Family Business: Effective Succession Planning (PowerPoint PPTX)

$25.00

ALL FEES INCLUDED

Add to Cart

HIGHLIGHTS

Author: LearnPPT TOP AUTHOR [?]

Immediate, digital download

File Type: 21-slide PowerPoint presentation (PPTX)

Part of FlevyPro Library

Part of Human Resource (HRM) Stream

DOCUMENT DESCRIPTION

This product (Family Business: Effective Succession Planning) is a 21-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.

The Family Business sector continues to be vibrant, successful, and ambitious despite tough economic conditions and accelerating pace of change. Family businesses are vital to all economies, offering stability, a commitment for the long term, and responsibility to their communities and employees. In fact, family businesses can be an engine for change and innovation.

However, despite the extraordinary longevity of individual family firms, the average life span across the sector is 3 generations. Only very few get past 4 generations. Not surviving the transition to the next generation may be a sign of a Family Business not achieving their long-term ambitions.

When succession occurs within a company's hierarchy, they are 3 key considerations for the family business:

1. Issues relating to retention of the intended successor.
2. The possibility of jealousy by other employees.
3. How employees will respond to the succession plan.

Achieving successful business continuity is having the right Family Business Succession Plan in place and ready to launch at any point in time. This Family Business Succession Planning presentation provides a good understanding of Family Succession Planning. It also breaks down the 10 Steps to Effective Succession Planning, as delineated below (under 2 categories, Leadership and Ownership):

Effective Succession into Leadership

1. Get experience outside the family firm.
2. Develop a strategic plan for the medium term.
3. Broaden the decision-making process.
4. Strengthen the role of the Board.
5. Clarify what the retiring generation will do.

Effective Succession into Ownership

1. Start early.
2. Communicate, communicate, communicate.
3. Do your homework.
4. Invest in education.
5. Diversify your wealth.

Having an Effective Succession Plan in place is one way of creating the conditions for the next generation to be successful. Adhering to these 10 steps leads family business to achieve a smooth, successful, and effective transition between generations. These 10 steps are discussed in this presentation.

The Succession Planning in Family Business PPT also includes some slide templates that depict the 10 Steps to Effective Succession Planning framework. In fact, you can re-purpose the majority of these Succession Planning slides in your own business presentations.

Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Family Business, Succession Planning PowerPoint Slides: Family Business: Effective Succession Planning PowerPoint (PPTX) Presentation, LearnPPT

ABOUT FLEVYPRO

FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits. Click here to learn more about FlevyPro and its benefits.

DETAILS

Did you know? This a FlevyPro document. Learn more about FlevyPro here.

For $14.00 more, you can download this document PLUS 2 more FlevyPro documents. That's less than $13 per document. Click here for details.

This business document is categorized under: Business Framework Primers

File Type: PowerPoint (pptx)

Tag(s): Family Business Succession Planning

Number of Slides: 21 (includes cover, transition, & marketing slides)

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Upload date (first version): Mar 5, 2019

This document is available as part of the following discounted bundle(s):

Family Business Essentials

$119.00

This bundle contains 7 additional documents.

View Full Details

Family Business: Strategic Planning

24-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: Succession Preparation

21-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: Governance

22-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: Professionalization

26-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: Third Generations Tensions

26-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: 5 Dimensions of Activity

20-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

Family Business: 4 Components of Family Capital

19-slide PowerPoint deck

$25.00

This is a FlevyPro [?] document.
Subscribe and save with FlevyPro!

CUSTOMER TESTIMONIALS

"If you are looking for great resources to save time with your business presentations, Flevy is truly a value-added resource. Flevy has done all the work for you and we will continue to utilize Flevy as a source to extract up-to-date information and data for our virtual and onsite presentations!"

– Debbi Saffo, President at The NiKhar Group

"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox."

– Michael Duff, Managing Director at Change Strategy (UK)

"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."

– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)

"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy

"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The quality of the decks available allows me to punch way above my weight – it's like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead."

– Roderick Cameron, Founding Partner at SGFE Ltd

"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

– Roberto Fuentes Martinez, Manager at Technology Transformation Advisory

"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

In today's environment where there are so many challenges and there is the need to make the right decisions in a short time, with so much scattered information, we are fortunate to have Flevy. Flevy investigates, selects, and puts at our disposal the best of the best to help us be successful in our work."

– Omar Hernán Montes Parra, CEO at Quantum SFE

"I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact that it is not at all just a repository of documents/resources but, in the way that David and his team manage the firm, it is like dealing with consultants always ready to assist, advise and direct you to what you really need, and they always get it right.

I am an international hospitality accomplished senior executive who has worked and lived during the past 35 years in 23 countries in 5 continents and I can humbly say that I know what customer service is, trust me.

Aside from the great and professional service that Flevy's team provide, their wide variety of material is of utmost great quality, professionally put together and most current.

Well done Flevy, keep up the great work and I look forward to continue working with you in the future and to recommend you to a variety of colleagues around the world."

– Roberto Pelliccia, Senior Executive in International Hospitality

SELECT CUSTOMERS

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.