Generational handover
Cohabitation and role transition in family-run businesses
From father to son, from generation to generation: when the time comes to take this decisive step for your business we are there with you.
Because the generational handover marks a new chapter.
We write it with you.
Generational handover: never put an end to your company's history
It’s inevitable: sooner or later the family business will have to live with the new generation and, subsequently, make the dreaded, but also long-awaited, passing of the baton. These two moments can be great opportunities for growth, but they can also mean the end of the business due to generational clashes given by two different thoughts.
In fact, only 30 percent of businesses survive the second generation, and of these a further 50 percent close by the third generation.
Angelo Cittadini - Business Consultant
Consultant for family businesses and SMEs – Certified Public Accountant – Auditor
The O.Group team will guide you through the new business set-up, generation after generation
Cohabitation and generational transition can best be approached through 5 steps. Together with you:
- We analyze company and management skills
- We identify a suitable strategy for all people involved
- We design all stages of the generational transition
- We accompany the company along the entire journey
- We provide feedback and changes to be made
- Organic, structure and business processes
- Management of patrimonial and legal aspects
- Definition of a shared growth model
- Tracking assets and business needs
- Face-to-face meetings with generational handover stakeholders
- The identification of key figures in the company
- The definition of a future scenario
- Planning your strategy