The
Family Business Success Program
The
Family Business Success Program is the essential first step
towards articulating and balancing the goals of business
prosperity, family harmony, and personal well-being.
You,
your family, and your business will benefit from:
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A
process that engages all the adults in your family in
a cooperative effort to develop a shared vision for the
future of your family and your family's business. |
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A
realistic, objective "snapshot" of the issues of importance
to all stakeholders. |
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The
most current information on high-performing family businesses
and the opportunity to create a Success Plan tailored
to your family business. |
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Facilitation
of effective communication, problem solving and conflict
resolution |
This
comprehensive program is lead by a Doud Hausner & Associates strategic
advisory team over a 6-12 week period.
Program activities
include:
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A
snapshot of the family business system using the Six
Transition and Business Prosperity survey instruments |
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Education
for all adult family members at a private Family Briefing |
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1:1
interviews with adult family members, non family executives
and trusted advisors |
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A
meeting with the family to review the most critical issues
and priorities and develop the Success Plan |
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A
communications workshop for family members |
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Success
Plan implementation and monitoring |
Strategic
Business Plan
Strategic
Business planning provides your family business with the
perspective and practical approach necessary to achieve your
goals for business prosperity. Gain a competitive advantage
over the two-thirds of middle market businesses that do not
plan strategically.
Your family business will benefit
from:
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A comprehensive
strategic analysis of the company, competitors, industry
trends and stakeholders' goals |
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A
clear vision of where the family business will be in
3-5 years |
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A
robust strategy to achieve the vision |
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A
detailed organization design for achieving the strategy |
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A
change management process for leaders to successfully
navigate the business from the current state to the desired
future |
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An
invaluable tool to create and sustain a high-performing
family business and build a solid leadership team |
This
offsite program is lead by a Doud Hausner & Associates strategic
advisor or team, over a 2 ½ day period. follow-on activities
may include leadership coaching, management development,
and strategy implementation.
Strategic
Family Plan
Strategic
Family planning affords your family with the peace of
mind that comes with knowing your family is on its way
to building
a solid legacy. Achieve family harmony that comes
from a shared vision, values, and healthy family relationships.
Your family will benefit from:
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A
process which engages all members of the family system
to discover its values and purposefully plan its future |
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Guidance
from a written plan that outlines your family's history,
vision, values, policies and activities |
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A
communication tool helpful for interacting with family
shareholders and business leaders |
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Improved
family relationships |
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Knowledge
and strategies for successfully navigating family transitions |
This
one-day offsite program is lead by a Doud Hausner & Associates strategic
advisor or team. follow-on activities may include individual
coaching, conflict resolution, and communication skill building.
Strategic Individual Planning and Coaching
Strategic individual planning and coaching is available to support each member of the family business system. Our trained and experienced coaches help individuals achieve their full potential both personally and professionally.
You will benefit from:
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Greater awareness of core values and beliefs |
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Development of a compelling vision for your future |
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Deeper knowledge of personal strengths and limitations |
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Clearer goals and clarity of purpose |
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Confidential expert advice to help you confront and resolve your most challenging issues and improve personal performance |
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Honest feedback and guidance on real issues in real time. |
A Doud Hausner & Associates coach will partner with you to develop a personalized coaching program. The typical length of the coaching process is six months.
Family
Governance
Families
need a place to plan their future, talk about their hopes
and dreams, and address the issues associated with being
a business owning family. Family harmony comes from a formalized
structure and clear policies that allow the family to come
together and make decisions.
Family governance allows the
family to:
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Build
trust, intimacy, and caring among family members |
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Create,
review, and update the family plan |
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Develop "one
voice" with which the family can communicate with the
family shareholders and business leaders |
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Clarify
the boundary between the family and the business |
A
Doud Hausner & Associates strategic advisor will work with you
to establish the kind of governance that fits with your
family's
stage of development to enhance family relations and
help the family build upon its heritage.
Business
Governance
Knowing
how to establish clear governance structures, policies, and
systems will help your family business achieve and sustain
business prosperity. We will work with you to create an effective
board of directors or advisory board, a strong leadership
team, and guiding policies and protocols.
Your family business
will benefit from:
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Responsible
representation for the shareholders |
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High-level
expertise to assist with strategic business direction |
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Objective
analysis of complex decisions |
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Accountability
for the CEO |
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Greater
alignment with family shareholders' goals and plans |
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A
high-performing leadership team with clear goals, roles,
and responsibilities. |
A
Doud Hausner & Associates strategic advisor will work with you
to establish the kind of governance that fits with your
firm's
stage of development to enhance business performance
and build shareholder value.
Organization
Development & Change
A
key activity for business leaders requires building the kind
of organization that will guarantee smooth implementation
of the business strategy. Your people, core processes, information
and management systems, and organization structure are key
elements that must be designed and aligned for optimum performance.
Building a robust culture and managing change are two additional
competencies we will help you address.
Your family business
will benefit from:
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Purposeful
strategies for financial, information, management, and
human resource systems |
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An
accurate assessment of your company's work-flow process
to determine the best structure to get things done |
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An
aligned organization that successfully implements strategies
and reaches corporate goals |
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A
strong family business culture characterized by energy,
passion, and commitment |
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Change
management tools that enable the business to be nimble
and flexible as the external environment changes |
Performance
Management & Management Development
It
is the people in family businesses that really make things
happen. So we also offer performance management
and management development services to ensure that individuals
and groups are operating at their very best.
Your employees
and management teams will benefit from:
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Alignment
between what you want to get done and what actually gets
done |
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Clear
goals and expectations regarding individual and group
performance |
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A
common understanding of and a system for performance
evaluations |
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Compensation
strategies that support attainment of organization goals
and individual potential |
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Improved
communication, collaboration, and decision making from
the management team |
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Explicit
documentation of and commitment to roles, responsibilities,
and authorities |
A
Doud Hausner & Associates strategic advisory team will work with
you to establish the individual, group, and organizational
processes, systems, and structures to increase your family
business performance.
Stewardship
Of Wealth
From
our work with families who have been financially successful,
we have developed a model for understanding the key characteristics
that contribute to a prosperous and sustainable family. We
refer to these four characteristics as family "capital." Each
form of capital adds value in a unique way; and all four
types of capital must be present for the family to be
strong, to flourish, and to leave a legacy for generations
to come.
We
work with families to optimize:
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Human
Capital. Human capital refers to the shared vision
and values of the family built upon each individual's
passions and goals, as well as the quality of the interpersonal
and family relations. |
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Intellectual
Capital. Intellectual capital refers to activities
such as educating family members about responsible
wealth management, life and career choices, as well
as coaching and mentoring for greater personal and
professional development. |
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Financial
Capital. Financial capital involves defining and
understanding the responsibilities of managing money,
parenting children of prosperity, the psychological
ramifications of high wealth, as well as garnering
sophisticated financial knowledge. Families with
significant wealth can explore sharing resources and
optimizing their returns by pooling certain resources
and establishing a family office. |
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Social
Capital. Social capital refers to the value the
family creates in society. These philanthropic
endeavors involve family members' donations of time
and money to various activities and organizations that
align with the family's values and mission. |
A
Doud Hausner & Associates strategic advisor will work with your
family to establish a plan for leveraging your family's
human, intellectual, financial, and social capital and
bring in the appropriate
trusted advisors to help you meet your goals.
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