Challenge: The company was being professionally run and the family wanted a family member to become the president within four years, if ready.
Action: We first established the responsibilities of running a family business and then analyzed the dynamics between family members, if he were to become president. We then worked on leadership capabilities in Sales, Operations, Profit and Loss and Strategic Planning. And finally we worked on communication strategies, alignment and meeting processes.
Result: Within four years the family member was voted in by the board as President and has been successfully running the business with his management team.
