Generational change

How to be succesful
in a generational change?

Generational change

Two sides of the coin

The preparation and implementation of a generational change is the most complex of all the services we provide, because it is not only the company that needs to be prepared for a different way of operating, but also the leaving founder and the successor who takes over the business.

Generational change

The business aspect

Depending on the scope of the assignment, we develop the organisation, find missing specialists where necessary, define responsibilities and authority, and review processes. In addition, we will develop the metrics needed to measure performance, establish reports to regularly monitor and present the results, and set up a monitoring system to ensure the validity of the data. This will allow the owner to monitor the performance of the company without his/her direct presence, so that he/she or his/her successor has a real choice between the more autonomous role of owner and the more constrained role of general manager or operational director.

Generational change

The personal aspect

In addition to the business side, there is also a personal dimension to generational change that I believe is not always given enough attention. In order to ensure a lasting successful transition, I feel it is necessary to discuss with the parties concerned their goals and expectations, so that we can help them to reconcile their personal and professional lives in a harmonious way. This is a complex process, and all those involved need time to accept the change and establish new routines, so it is very important to plan for the generational change in good time. Our collaborative team has the competences to deal with both personal and business challenges.

If you want to avoid your company becoming one of the 80 % that cease to exist after the generation change, contact us, we will find the best solutions to your challenges.