Determination and discipline are personal characteristics. Not all family partners possess them. This is where corporate organization comes in with its clear rites and governance instruments, guiding corporate and management relationships, determining roles, responsibilities, authorities, and clear goals for each family executive.
Dialogue and professional respect, along with respect for hierarchy and leadership, whose boundaries are clearly defined between what is a family matter and environment and what is corporate environment and matter, delineate stability on both sides.
Choosing one of the children to lead is a daunting task for any business parent. Choosing a market board instead of children as directors is another complex task, requiring maturity, respect, unity, and above all, humility.
Successful family businesses know how to balance priorities, including succeeding in business, even without the executive involvement of children, but rather with market executives.
Successful family businesses have well-defined plans, roles, and clear responsibilities for each family member, as well as mechanisms for resolving conflicts among partners.
Perennial businesses have the ability to maintain family prosperity for present and future generations.
Healthy transition is gradual and built in advance, increasing transparency and credibility among family members, the company, and stakeholders.
Terus Consultoria executes these projects and advisory services with some frequency, thus making the arduous path that family entrepreneurs face toward becoming large family conglomerates smoother, more predictable, and achievable.
Happy are the successful family businesses with harmonious family relationships.
"Terus, intelligence, advisory, concrete cases, and decisive actions!"
Contact Terus right away: contato@terusconsultoria.com.br / (+55 11) 2503-6747.
#terusconsulting #terusconsultoria #mergersandacquisitions #mergers #corporategovernance #boardofdirectors #turnaround #restructuring #distressedcompanies #advisory #corporatefinance #growth #business #businesssolutions #corporatesolutions #funding #valuation #PPA #impairment #businesstransformation #brazil #doingbusinessinbrazil #businessinbrazil #consultinginbrazil #advisoryinbrazil
コメント