Succession in a company owned by the Family/ private Partners is like leading people through a minefield. It is also like steering the Titanic sailing to meet icebergs. To effectively deal with Succession, we need someone who is both a cautious sapper and a determined captain. For “Success in Succession” it is necessary to know, indicate and neutralize threats. But also, to offer support in managing a well-known, complex, and wealthy business, which unfortunately is often in jeopardy of disaster.
This unique combination of caution and empathy, as well as determination and leadership, is offered in the service around Succession by TARKA EXECUTIVE’s advisory team. We are the only ones on the market who work for our Clients at the management, ownership, and family level.
Building brands and organizations, developing technologies and people, increasing revenues and investments, Founders often do not have time to deal with such a distant topic as transferring power to the Successors. The constant growth and development of companies often do not encourage reflection on the future. Especially the future in which we will no longer be. And in most cases, it is the Founders of companies who are the corner stone on which the success has been based so far.
What happens when we remove the corner stone? Founders get exhausted, sick, old and die. Successors do not prove themselves or have right to show different ambitions. Life can surprise. The indisposition of the Founders of a business combined with the unpreparedness of the Successors is, contrary to appearances, a common emergency. However, as with any crisis, it can be dealt with. Provided that you possess the appropriate knowledge, skills, and experience as well as proven and effective approaches and tools.
TARKA EXECUTIVE’s advisory team effectively guides Families and Business Partners through the challenges related to Succession.
