Lauren Owen and Urs Koenig on Family Business Transition Planning

posted by David Wolf on Apr 10, 2011 | Comments (0) | Permalink | Trackback URL

Years of experience across diverse industries have given Lauren Owen keen insights into the critical factors required for transition success.

And, Urs Koenig specializes in leadership development for business owners and the next generation.

With their diverse backgrounds and personality styles, Lauren and Urs have the ability to guide clients straight to the heart of their communication challenges, tackle the tough decisions and get them resolved in a positive way, and then help them develop a plan to get to the next phase of their lives.

Here are some of the questions guiding our discussion:

1. We keep hearing about how so few businesses manage to survive the transition from one generation to the next. Why is that?
2. What do business owners tend to get wrong about what it really takes to transition to a next generation?
3. Let’s say you’ve been brought in by a business owner who wants to transition out of his or her business in the next couple of years. What does your process look like?
4. What’s the most important ONE thing a business owner listening needs to do to get started on his or succession plan?
5. Aside from the services you offer at Red Point, what kind of help and/or resources are available for business owners looking to transition out of their businesses?
6. For each of you-what would you say are your own personal connections to the work your now doing with business owners around transition and succession planning?

FILED IN: Family Business