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Family Governance and Leadership Services
For a family business built to last, from one generation to the next
Alignment between family and business strategy is vital to the success of a private family business. Our assessment and testing of family alignment of these key business and family elements helps advise you as you navigate through risks to your family legacy and family harmony.
- Longevity doesn’t just happen
- Family strategy and governance plan
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Longevity doesn’t just happen. It takes careful planning to keep the entrepreneurial spirit alive
Technological disruption. Evolving customer needs. An ever-changing regulatory environment. These are challenges most companies face today, but private family-owned businesses have an additional layer of complexity. Unique interpersonal and generational issues can arise that can impede your ability to move the business forward.
How do leading companies overcome such challenges? They recognize that ordinary attributes of business success—experience, innovation, entrepreneurial drive—are necessary but insufficient to sustain a thriving family enterprise. A host of other factors can also come into play, from family roles and responsibilities, to effective family communication and wealth preservation.
Now is the time for a family strategy and governance plan
Don’t leave the future of your hard-won legacy to chance. Our focus delivers value to a family-owned business. With an extensive track record of serving family businesses, we help companies create a framework that provides:
|A governance structure with guidelines on business management and family decision-making|
|A strategy to give family direction
|A leadership development program to cultivate future business leaders and continue the family legacy|
|An employment policy to foster fulfilling careers for family and non-family personnel alike|
|A structure that promotes effective family wealth planning and distribution|
|A communications plan to keep family members in alignment|
|A focus on harmony to enable value creation, family unity, and continuity from one generation of leadership to the next|
We will deliver an approved family strategy roadmap and governance model.
Our team has extensive family business experience, informed by leading practices developed over many years and interactions with some of the world’s most successful family-owned businesses. You’ll have the opportunity for input from local, national, and global networks of industry and Deloitte specialists in areas such as:
The services described herein are illustrative in nature and are intended to demonstrate our experience and capabilities in these areas, however, due to independence restrictions that may apply to audit clients (including affiliates) of Deloitte & Touche LLP, we may be unable to provide certain services based on individual facts and circumstances.
This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor.
Deloitte shall not be responsible for any loss sustained by any person who relies on this publication.