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Family Businesses account for

42%

of UK private sector employment (9.5m people)

 

Family businesses contribute

£73bn

of UK total tax revenues

 

Family businesses account for almost

1/4

of the overall UK GDP

 

Family businesses generate

£81bn

per annum of UK tax receipts

 

Approximately

60%

fail to plan formally for succession

 

Only

30%

make it to second generation family ownership

 
  • CPD Workshop - Family Business Psychology

    Posted On 3 Jun 2015 by ICFIB

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    Family Business Psychology

    Drayton Manor Park, Tamworth, B78 3TW

    3 June 2015 | 9.00am - 4.00pm

    The transition of power and responsibility from one generation to the next is a challenging time in any family business. Even the most harmonious of families can encounter difficulties. In fact, sometimes being too harmonious is actually part of the problem. 

    This CPD workshop led by Caroline Gourlay, ICFIB Professional Member and a specialist business psychologist, will examine some of the psychology behind predictable patterns of behaviour in family business succession.

    Topics covered will include:

    • the entrepreneurial mindset

    • why it’s so hard to let go

    • the role of ego in the family business

    • techniques for encouraging change

    • attitudes to joining the family business

    • emotional maturity

    • the role – and psychology – of the professional advisor

    Psychological concepts will be brought to life by role players acting out scenarios which are typical in family businesses. Participants are not required to do any role playing. The object of the workshop is to provide family owned businesses and their advisors with reference points in order to build a deeper understanding of family business dynamics.  The workshop will also provide tools and strategies for working with family business clients.

    The workshop builds on the introductory "Inside the Family Business Mind" session but has been structured as a stand-alone session. Attendance on the earlier course may be useful but it is by no means necessary.

    Cost 

    Professional Members

    £225+VAT

    Associate Members

    £315+VAT

    Non Members

    £450+VAT 

    If you would like to book a place on this workshop please click here.

    Please note, bookings may only be cancelled at the discretion of ICFIB.    

     
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