Latest News

Success and succession: Five characteristics of a good family business

Wednesday, 20 September 2017

Chances are high that seven out of 10 of the businesses you know are family owned. As defined by audit firm PricewaterhouseCoopers (PwC), a

 

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How CEOs Can Work with an Active Board

Wednesday, 20 September 2017

At companies of almost all sizes, across all sectors, boards are undergoing a profound transformation. Largely as a result of

 

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Solving the Puzzle of Ownership Alignment in a Family Enterprise

Wednesday, 20 September 2017

alignment  noun | ə-ˈlīn-mənt State of agreement or cooperation among persons, groups, nations and the like with a common cause or view

 

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Case Studies

These case studies are a small sample of the issues that Family Business Ireland have enabled these businesses to resolve.
A prerequisite for dealing with such issues is the creation of an environment of trust and confidentiality - it is this, above all else, that we advocate for family business owners and business advisors.

 

Case Study - The Right Way

 

This case study is about the importance and the value of the founder proactively managing and leading the change process. Obviously this couple understood the importance and value in removing isolation from their decision making thinking and process.

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Case Study - A father who changed his mind

 

This case sudy is the story of a Father, majority shareholder and CEO of a relatively large manufacturing and service company.

When he first engaged with Family Business Ireland he was in his early ‘60s. He had recently separated from his wife. There were a number of adult children of which two worked in the business.  He had no succession plan in place and wanted to commence a process whereby he could ‘step out’ of the business after what had been a stressful few years.  The company did not have a functional board and the Father really dictated the strategy and pace of all key decisions. 

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Case Study - The solution was there all along

 

This case study is of a well established Mother and Father owned business of some 100 years trading. The business would be profiled and a product/service business with 30 employees. The current family owners are third generation and have managed the business for close on 35 years. They are a great husband and wife team and run great business. They are well respected and have a number of very long standing loyal employees.

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Case Study - When unplanned events met an unplanned future

 

This is a case study of six families today from what was one family sixty years ago.  The business was started by one very entrepreneurial man in the late 1950’s. He quickly created a profitable business and was joined in the enterprise by his brother. The founder married an equally entrepreneurial woman in the mid-1960’s and the two brothers and one brother’s spouse built a very strong business over the years. The brother that joined the business never married and was the ‘face’ of the business. The company had good operational systems but little or no external influences.

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