Next-Gen Leadership Development focuses on preparing the second or third-generation leaders in family businesses for strategic roles and responsibilities. These programs are designed to equip future leaders with the skills, knowledge, and tools necessary to lead the company through the evolving challenges of modern business while preserving its legacy and values.
The Process
Assessment & Goal Setting
We begin by working closely with family business leaders to understand the company's vision, values, and specific challenges.
Leadership Training & Skill Development
The program focuses on building the core competencies required for effective leadership
Mentorship & Coaching
Mentorship plays a key role in the development process. We match emerging leaders with experienced mentors.
Benefits
Scope of Service
- Needs assessment and alignment with family business goals
- Custom leadership training and skill development
- Succession planning and family governance frameworks
- Mentorship and coaching for next-generation leaders
- Integration of leadership development with overall business strategy
- Ongoing feedback, development, and coaching
Why You Need Us
60% of family businesses that have a formalized succession plan report fewer leadership gaps during transitions.
Source: Harvard Business Review, “The Big Problems with Succession Planning in Family Businesses”
FAQ
The goal is to prepare the next generation of family business leaders with the necessary skills, knowledge, and mindset to take on leadership roles.
The program focuses on strategic thinking, financial management, decision-making, emotional intelligence, conflict resolution, and family governance.
The program’s duration depends on the specific needs of your business. However, it typically spans 6 to 12 months, with ongoing support available after the program to ensure long-term success.