Family Businesses are an overlooked form of ownership. Yet, they are all around us. One-third of companies in the S&P 500 index and 40% of the 250 largest companies in France and Germany are defined as Family Business. A Family Business means that a family owns a significant share and can influence important decisions.
As Family Businesses expand their entrepreneurial beginnings, unique performance and governance challenges are encountered. The generations that follow the founder may insist on running the company even if they are not suited for the job. And as the number of family shareholders increases exponentially generation by generation, the commitment to carry on as owners cannot be taken for granted. Less than 30% of Family Businesses survive into the 3rd generation of family ownership.
This Presentation thoroughly discusses the 5 Dimensions of Activity that are keys to long-term success and keeps family committed to and capable of carrying on as the owner.
1. Family
2. Ownership
3. Governance
4. Wealth Management
5. Foundations
To be successful as both the company and the family grow, a Family Business must achieve strong business performance. This is achieved by putting in place the 5 Dimensions of Activity together and in synchrony.
This deck also includes slide templates for you to use in your own business presentations.
Family Businesses are engines for change and innovation, unshackled from the quarter-to-quarter pressures of non-family firms. They invest for the long term, fostering stronger cultures and values. This PPT provides an in-depth exploration of how Family Businesses measure success differently, streamline decision-making processes, and maintain an entrepreneurial spirit. It also highlights the importance of clear governance, strong boards, and effective wealth management. The deck includes practical templates to help you implement these strategies in your own presentations.
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Source: Best Practices in Family Business PowerPoint Slides: Family Business: 5 Dimensions of Activity PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
This PPT slide outlines the significance of charitable foundations in fostering family values across generations within a business context. It emphasizes the role of philanthropy as a binding element that can enhance family commitment to the business. The first section, labeled "Sustaining Mechanism," details several strategies for maintaining family engagement in philanthropic activities. Key points include the importance of nurturing consensus among family members regarding their charitable direction, creating a discretionary budget for financing projects of interest, and providing opportunities for family members to serve on the foundation's board.
The slide suggests that these mechanisms not only promote family unity, but also facilitate active participation in philanthropic initiatives. Engaging family members in onsite visits and volunteering is highlighted as a particularly effective method for involving the next generation early on, which can instill a sense of responsibility and connection to the family's legacy.
The "Approach to Management" section underscores the value of partnerships with nonprofits or NGOs to align with the family's social goals. This collaborative approach can enhance the impact of charitable efforts and ensure that the family's philanthropic activities are meaningful and effective.
Overall, the content serves as a guide for families looking to integrate charitable foundations into their business strategy, reinforcing the notion that philanthropy can be a vital component in sustaining family engagement and commitment over time. The insights provided can help potential customers understand how to leverage charitable initiatives to strengthen family ties and enhance their business's social responsibility.
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Family Business Essentials
This bundle contains 8 total documents. See all the documents to the right.
Family Business Holding Company Succession Planning Succession Management M&A (Mergers & Acquisitions) M&A Acquisition Strategy Valuation Mergers & Acquisitions
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