Transitioning Your Business to the Next Generation
We do not do estate planning, tax consulting, accounting, create trusts, sell insurance, or help you sell your business.
We do not arrive with teams of young people to address the challenge of business transition.
WE FOCUS ON
Using data-based methods grounded in leadership and interpersonal effectiveness approaches, determining which roles family and non-family members should play when they assume responsibility for shepherding the family business.
Creating a Family Charter, which addresses:
The vision and values which define the family and the business;
The criteria required to join and develop careers in the family business;
Governance structures designed to protect the family business;
Promotion criteria and compensation plans;
How to fairly treat family members who chose not to join the business;
Retirement criteria and exit strategies.
Work with the current and future owners to refresh the corporate strategy and structure prior to handing over the reins.
Coaching current and future leads so as to optimize their individual and team performance.
Facilitate challenging conversations when there are challenges from within to the transition plans.
Leadership & Executive Development
GPA offers a comprehensive, flexible and highly effective Leadership Development program. We assess the leadership requirements needed to achieve the strategic plan and develop detailed processes to prepare leaders to meet your organization’s strategic objectives.
Competencies and Attributes.
Determine the requisite leadership competencies and attributes expected of current and future leaders to successfully implement the company’s strategic and growth plans.
Develop a tailored psychometric and interview-based leadership assessment process designed to identify leadership and interpersonal strengths and potential, development goals, and readiness for change, all summarized in a comprehensive report.
Separate feedback sessions with the program Participant and with Participant/Executive Team Member to finalize their development goals.
Monthly 1:1 coaching sessions, the duration of which could be 3, 6, 9 or 12 months depending on requirements agreed to by all stakeholders.
As and when requested, calls with the Participant throughout the program.
Progress meetings with the Participant and the Executive Team Member in order to assess progress or adjust the program.
Summary report to the Participant and Executive Team regarding progress made and outstanding development needs, if any.
Strategy, Structure & Operations
Whether your organization is 5, 10 or 50 years old, or older, GPA works with you to develop a business strategy that optimizes the company’s strengths, people, values and mission.
WE WORK WITH YOU TO IMPROVE
Define or refresh the company’s vision, mission and strategy, be it family or non-family owned.
Refine the short and long-term goals of the organization.
Develop robust action plans necessary to achieve the goals and strategy.
Review and re-design, if necessary, organization structures to support a new or refreshed strategy.
Performance and Risks.
Identify key performance metrics and risk factors which need to mitigate.
Contact us for innovative and proven approaches for transitioning your business to the next generation, for refreshing strategy and organization structure, and optimizing leadership & organization performance.