Surviving and Thriving in your  Family Business Handling Change in a Family Business www.FamilyBusinessBattleGround.com
The challenge for Family Business's is effectively   handling change as the business shifts from one  generation to the ne...
<ul><li>Some may welcome the change, some may deny the  </li></ul><ul><li>creative idea as an effective way to grow, or so...
How can the older generation ,who have actually  taken the helm of the family enterprise, take the  changes as opportunity...
<ul><li>Second, it should be understood that changes are  </li></ul><ul><li>opportunities for improvement and should be ac...
<ul><li>Any new venture gives a chance for exploring  </li></ul><ul><li>alternatives and evaluating experiences. </li></ul...
<ul><li>A family member should never forget that to create a successful family business it has taken many years or even ge...
A family business is not likely to last many  generations if the family is spending more time  in the &quot;blame game&quo...
Be a part of World Class Social Platform-  Handle changes in your Family Business. Surviving and Thriving in your  Family ...
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Handling Change in a Family Business

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The challenge for Family Business's is effectively handling changes as the business shifts from one generation to the next.Family Battle BattleGround is the nation’s #1 resource and social platform for helping you survive and thrive in your family business.

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Handling Change in a Family Business

  1. 1. Surviving and Thriving in your Family Business Handling Change in a Family Business www.FamilyBusinessBattleGround.com
  2. 2. The challenge for Family Business's is effectively handling change as the business shifts from one generation to the next.   www.FamilyBusinessBattleGround.com <ul><li>Handling changes in the family business depends a </li></ul><ul><li>lot on the individual's. </li></ul>
  3. 3. <ul><li>Some may welcome the change, some may deny the </li></ul><ul><li>creative idea as an effective way to grow, or some who </li></ul><ul><li>think they are above all may go the “my-way-the-high </li></ul><ul><li>-way” approach. </li></ul>www.FamilyBusinessBattleGround.com
  4. 4. How can the older generation ,who have actually taken the helm of the family enterprise, take the changes as opportunity to improve? <ul><li>First, it must be understood that the changes should be </li></ul><ul><li>executed in a planned manner and not in a chaos. </li></ul>www.FamilyBusinessBattleGround.com
  5. 5. <ul><li>Second, it should be understood that changes are </li></ul><ul><li>opportunities for improvement and should be accepted </li></ul><ul><li>without raising any anxiety. </li></ul>www.FamilyBusinessBattleGround.com
  6. 6. <ul><li>Any new venture gives a chance for exploring </li></ul><ul><li>alternatives and evaluating experiences. </li></ul><ul><li>It should be acknowledged that the old era structure </li></ul><ul><li>has to come to end and the new era should be </li></ul><ul><li>introduced for changes </li></ul>www.FamilyBusinessBattleGround.com
  7. 7. <ul><li>A family member should never forget that to create a successful family business it has taken many years or even generations. </li></ul><ul><li>So any internal conflict due to new ideas of present </li></ul><ul><li>generations can shatter a family business more than all your competitors combined. </li></ul><ul><li>  </li></ul>Changes are opportunities for revaluation of the 'course' the business is following. www.FamilyBusinessBattleGround.com
  8. 8. A family business is not likely to last many generations if the family is spending more time in the &quot;blame game&quot;, than working mutually and coming out with fresh and creative ideas. www.FamilyBusinessBattleGround.com
  9. 9. Be a part of World Class Social Platform- Handle changes in your Family Business. Surviving and Thriving in your Family Business www.FamilyBusinessBattleGround.com

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