Moments of Truth for Families in Business.
Moments of truth caused by the evolution of the family
01 Preparation/response to changes and increasing complexity of the family structure: organization and formalization
02 Planning a successful generational handover preparing the next generation
Moments of truth caused by transcendent challenges and opportunities in the business
03 Evolution of the governance and management model required by the business and changes in the role of the family
04 Need to acquire new capabilities to grow, compete successfully in the core business and/or diversify
05 Need for a decisive financial contribution, to respond to a crisis, enable a leap in growth and transformation, or restructure the shareholding
06 Preparation for a purchase offer or a sale planned by the family
Moments of truth caused by the challenge of legacy continuity and wealth growth
07 Management of surpluses and liquidity events for asset diversification
08 Development of family values and legacy also as a responsible investor and/or philanthropist
09 Risk and crisis management in business, family and wealth and its implications for the survival of the business family and its legacy