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PwC’s 11th Global Family Business SurveyFriday, 05 May 2023PwC’s Family Business Survey 2023 comes at a time of great change. The optimism of a post-covid world has been sorely tested by the geopolitical
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A guide to family business succession planningFriday, 11 February 2022Succession planning is one of the most sensitive issues, and COVID-19 appears to have concentrated minds in this area. Topics such as
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Tánaiste and Minister Donohoe launch new €90m fund for Irish start-upsThursday, 10 February 2022The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD and the Minister for Finance, Paschal Donohoe TD launched a new
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Case StudiesThese case studies are a small sample of the issues that Family Business Ireland have enabled these businesses to resolve.
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.
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.
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.
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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