Building a Healthy Business |
Aligning
Shareholders |
Developing a Formal Succession Plan |
Strategy
- Clarify Mission, Vision, & Values
- SWOT Analysis
- Develop Clear Strategy
- Identify Critical Success Factors
- Determine Key Metrics
- Management Retreats
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Vision and Values
- Conduct 360 Interviews with Shareholders
- Develop Shareholder Alignment
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Evaluate & Develop Successors
- Build Job Profile
- Evaluate Candidates Against Profile
- Develop Training & Monitoring Programs
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People
- Improve Hiring Practices
- Develop Functioning Prime Team
- Build Accountability
- Performance Based Compensation
- Executive Coaching
- Team Building
- Leadership Development
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Shareholder Charter
- Review or Develop Business Charter
- Facilitate Effective Communication Between Shareholders
- Conflict Resolution
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Retiring Shareholder Needs
- Model Retirement Needs
- Analysis and Recommendations on Benefits
- Set Targets on Outside Assets
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Process
- Drive Cost Efficiency
- Improve Productivity
- Build a Process Improvement Culture
- Improve Management of Projects
- Develop a Learning Organization
- Develop Marketing Plan
- Develop Selling System
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Forums for Communication
- Develop Family Council
- Develop Advisory Board
- Formalize Board of Directors
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Business Analysis
- Evaluate Business
- Model Cash Flow Requirements
- Set Financial Targets
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Management Systems
- Build a Business Operating Systems That Enhances Focus and Accountability
- Build Dashboards that Monitor Key Metrics
- Develop Financial Reporting and Analysis Systems
- Budgeting & Budget Variance analysis
- Cash Flow
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Formal Agreements
Review and Comment on:
- Bylaws and Business Agreements
- Buy / Sell Agreements
- Partnership Agreements
- Employments Agreement
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Formal Transition
- Model Transition and Set Triggers
- Develop tax efficient transfer strategies
- Work with Advisors on Legal Agreements
- Develop Advisory Board
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