A family business brings together family history, relationships, roles, rules, a life’s work, and a team of friends and employees—all within a market shaped by competitors, trends, rapid change and constant challenges.
Replicating the best practices of large corporations often fails to deliver results. Family businesses need solutions tailored to their circumstances, grounded in a deep understanding of the business and a thoughtful approach to people, processes, information and the pace of change they can accommodate.
Identifying and developing these solutions, then supporting their implementation through to completion, is our central focus and core expertise.
How can we make the transition from hands-on owner management to a business whose day-to-day operations do not depend on the owner?
How can we separate family life from work without negatively affecting either?
How can we bring fresh energy into the business in a way that is right for us?
How can we bridge the gap between the owner’s vision and that of the team who have been with the business from the start?
What should we do when something feels “not quite right” within the team?
How can we reach a new level of productivity and efficiency?
How can we find the confidence to hand over the business to professional managers or a successor without putting the business at risk?
How can we properly value and formalise ownership stakes in a family business?
How can we develop a family partnership agreement and reach a shared understanding on key issues?
How can we effectively resolve disputes and disagreements within the company, document and implement decisions, and preserve relationships within both the business and the family?
Formalising ownership structures and partnership arrangements
Implementing an updated business model
Transferring management of the business to externally recruited senior executives and successors
Renewing senior leadership teams and building a results-driven culture
Establishing and launching advisory boards and boards of directors
Developing and implementing corporate roadmaps to achieve strategic goals
Developing and implementing an updated business strategy
Developing and implementing functional strategies with input from the relevant experts
Business mediation to resolve workplace conflicts
1. Developing partnership agreements and family constitutions
Formalising ownership rights, mediating family and owners’ meetings to reach agreements, drafting legal agreements between owners, and documenting family constitutions. Developing memoranda of understanding with partners, senior management and family members.
2. Establishing governance bodies: family councils, advisory boards and boards of directors
Formalising governance structures and supporting the establishment of family councils, boards of external advisers and boards of directors.
3. Business mediation
Mediating conflicts and helping clarify difficult or sensitive issues.
4. Business audit and transformation
Analysing existing processes. Facilitating strategy sessions to develop or update business, marketing, HR and other strategies. Developing a step-by-step action plan for the next 1–3 years.
5. Transferring management to successors or externally recruited executives
Independently assessing competencies, designing development plans for future leaders and supporting their progress. Planning and supporting a smooth transition as owners step back from managing the company.
6. Recruiting senior executives and key employees
Assessing the competencies of the existing team and recruiting replacements where necessary, conducting interviews, communicating with candidates, and helping define objectives for the first 3/6 months. Supporting the implementation of business, marketing and HR strategies.
Olena Kaiumova
Managing Partner