For a long time, and many times, I have written that the children of the founders who work together or are expected to do the same do not choose a partner in the family company. Each of them gets a partner that he did not choose but was imposed on him by kinship. I’ve talked to hundreds of them, but I’ve never heard of a single case of them playing “how will we inherit dad/mom” games in childhood.Image The analysis of 71 reports from diagnosis (a process based on the concept of 4 preparations attended by family members, family companies) that I did in Serbia, Bosnia and Herzegovina and Croatia confirms the seriousness of this topic and the need for timely work and preparation of all interested parties.
Namely, as can be seen from the picture, only 7% of family companies have found and defined answers to the questions about the expectations of the “successor” from the family business, privileges, attitudes towards work and obligations, work ethics agreement on visions of development, current and future positions and the solution. He is happy that in over 50% of the cases it was about Hong Kong Phone Number List problems that are common for the stage in the transition process and do not violate mutual respect and trust, but he is concerned that in almost 40% there are pronounced disagreements among members of the first line of succession.
Image Author Boris Vukić, regional director of the Center for the Development of Family Companies Only live, no cameras! These and many other topics will be covered on April 13 in Hotel M, in Belgrade , at the fourth BIZIT seminar for founders of private companies, members of their families and managers employed in key positions. The subject of the seminar is the transfer of business, ownership and management from the founder to the second generation of owners or professional managers. Under the slogan Organize inherit, improve" this topic will be discussed by experts from the company Adižes SEE led by Boris Vukić, as well as people with personal experience in business transfer.