According to announcements released by Positively People and Jean Meeks-Koch, the family business succession planning services delivered by this firm allow for the smooth transition of a healthy family business to the next generation.
It coordinates with family leaders and their heirs to chart a plan for succession and then implement it. It anticipates and plans for potential disruptions to a family’s business through a process of continuity planning. This family consulting firm considers natural disasters, cybercrime, strikes, and bankruptcies that can result in disruptions. A continuity plan helps mitigate the effects of such events on a business.
Positively People assists clients in ensuring a seamless handover of leadership, ownership, and responsibilities without any worries about the company’s future after the tenure of the present leadership ends. Through executive succession planning, Positively People enables the business to maintain stability.
This firm takes into account the opinions and concerns of all the involved parties, including management staff that is also a stakeholder in the business. Positively People has extensive knowledge accumulated by helping family businesses implement the most appropriate governance practices for their situations. It enables the business to define the roles of family councils, advisory boards, and other bodies that have a say in the running of a business. It works with a company’s board of directors to identify weaknesses in the organization’s structure and plug leadership lacunae by grooming candidates to take over the reins of management when the time is ripe.
Positively People operates on the same values and philosophies as family firms. Its services have been useful for family firms trying to ensure a steady stream of talent.
For more information, go to https://positivelypeople.com/
Jean Meeks-Koch of Positively People said, “When a family business transitions to the next generation, it faces an emotional and challenging issue that must be prepared for in advance. This process needs thoughtful planning instead – not managed as simply one day deciding what will happen when things get too difficult or unmanageable!
The founder’s legacy is at stake; there could potentially never again see someone like them take control over their company because some people may have a vested interest, like whether they own equity shares in the business. As the founder transitions out, they need to ensure that their company’s culture and values are upheld.
We help family companies with family business succession planning. We help plan for the transition by obtaining an accurate picture of their existing talents and motivations, benchmarking them against top internal resources (especially in a critical phase), and external partners/companies who can provide assistance during this time when founders are transitioning. We analyze potential opportunities with regards to future strategy; while also taking into account what is desired vision amongst other things like socio-economic climate or environmental factors which may affect business growth positively/negatively. We help families preserve the legacy of a business by ensuring objectivity and meritocracy in appointments.”
About the Company:
Positively People believes that every individual and business has potential. It uses development techniques and a portfolio of assessments to bring out this potential. The company is run by a team of highly trained individuals who help clients decide on the best starting point to meet objectives.
Media Contact
Company Name: Positively People
Contact Person: Jean Meeks-Koch, Ph.D.
Email: Send Email
Phone: (843) 225-3827
Address:1439 Stuart Engals Blvd Suite 200
City: Mt Pleasant
State: SC 29464
Country: United States
Website: https://positivelypeople.com/