Building your family and business generation by generation
Asia Pacific is the growth region of the world and much of that growth is driven by family businesses. Many listed companies across Asia's stock exchanges are driven by families. However, in order for family businesses to continue to survive beyond the next few generations and thrive, there are several areas they will need to navigate.
In working with families across the region, PwC has observed that success depends on how family, business and wealth elements are clearly defined and managed. By understanding how the three elements interact with one another, family businesses can take steps to clarify their roles and determine their rules of engagement. Family businesses that do this well are one step closer to building a strong foundation for the generations to come.
Building your family and business generation by generation. Enabling, empowering, encouraging and exciting families and their businesses to succeed by realising the power of their potential
Facilitated by a dedicated team of experienced PwC family business experts from Europe, North America and Asia Pacific, with support from experts from INTES, our workshops are customised and designed for individual families to identify and unlock barriers to growth and implement best practice.
In addition to professionalising the business, families are also looking at how the professionalise family members too. As one respondent in our last survey said: “the soft issues are the hard issues when it comes to family matters.”
In order to do that, families need to break down the barriers that are affecting them the most. This often requires families to get into a room and work things out, it may also require individual family members to develop their management skills in order to give their best.
Our workshops and skills programmes are facilitated by PwC and INTES experts from across the globe, each of whom have many years’ of experience in helping family businesses to deal with difficult areas such as managing conflict, developing shared values and creating good governance.
The workshops are customised and designed for individual families to identify and unlock barriers to growth and implement best practice. They are designed to address critical areas such as agreeing business strategies, legacy plans and even exit strategies.
Workshop topics include:
Making the right connections with other likeminded businesses is a sure way in which to identify crucial collaborations, develop new ideas and learn about best practice.
To help family businesses owners, next generation members, key family leaders and their management teams across the region to do just that, we aim to:
The Centre’s Advisory Panel comprises of family business leaders from across the global PwC network.
Ng Siew Quan
Asia Pacific Leader
Dr. Dominik von Au
PwC Hong Kong
Dr. Karsten Schween
INTES Family Business Consulting
Dr. Peter Bartels
PwC New Zealand