Family Advisory

Drawing on direct experience advising families and principals on governance, structures and roles, the following reflections address some of the key themes a family faces in generational transition – offering a framework and guidance for the «transition journey.»

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While such transitions and continuity journeys share common features, and learnings from previous advisory relationships are both key and valuable, no two situations are alike. Advice must be customised, specific and suitable to the circumstances. Explore the key themes: legacy, role definitions, why governance matters during transition, and principles for effective family governance.

Families – Principals: Reflection points on generational transitions

Based on personal experience in advising Families and Principals on Governance, Structures and Roles, the following reflections on some the key themes, specifically for a Family in generational transition, provide a framework & guidance for «transition journey». While there are similarities in such transitions – learnings from previous advisory relationships are key and valuable – no situation is alike and advise needs to be customized, specific and suitable for the situation.
Absolut key in providing advise are three elements in the relationship with an advisor:

Trust – Confidentiality – Judgement
These have to be gained, demonstrated and continuously maintained.

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