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Approximately

60%

fail to plan formally for succession

 

Family businesses generate

£81bn

per annum of UK tax receipts

 

Only

30%

make it to second generation family ownership

 

Family businesses contribute

£73bn

of UK total tax revenues

 

Family businesses account for almost

1/4

of the overall UK GDP

 

Family Businesses account for

42%

of UK private sector employment (9.5m people)

 

  • Mind the Gap - Psychological aspects of first generation family business succession: 26/09/2014

    Posted On 30 Aug 2014 by ICFIB

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    Successful business families have a deep and instinctive understanding of each other, however no family business will be entirely free from conflict and disharmony. At worst gaps in communication and understanding will be the root cause of family businesses failing to successfully transition between generations.

    Venue: Drayton Manor Hotel, Tamworth, B78 3TW
    Date: Friday 26 September 2014
    Times: 9am - 4pm

    This CPD workshop led by Caroline Gourlay, ICFIB Professional Member and a specialist business psychologist, will examine psychological issues and concepts relevant to the growth and transition of early stage family businesses into the next generation.

    Concepts covered will include:

    • the entrepreneurial mindset
    • differentiation and identity theory
    • self awareness
    • the role of ego in the family business
    • scripting
    • birth order issues.

    The object of the workshop is to provide those involved with family owned businesses with reference points to build a deeper understanding of family business dynamics and to equip them with further tools and strategies for working with family business clients.

    Cost*
    Professional Members - £225 + VAT
    Associate Members - £315 + VAT
    Non Members - £450 + VAT
    *Bookings may only be cancelled at the discretion of ICFIB

    If you would like to book a place on this workshop please contact us as info@icfib.com

     

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