Unleash Your Family Business DNA

Festival Of Friendship

The Economic Council of Oshwals in conjunction with Festival Of Friendship presents 'Unleash Your Family Business DNA!' hosting Mr. Reg Athwal who is an Entrepreneur, Executive Advisor, World--‐Renowned Speaker And Angel Investor.

In this highly interactive keynote session we will explore how successful family businesses execute succession plans. This session is suitable for family business owners as well as private entrepreneurial companies. 90% of Family Businesses never make it past the 3rd Generation – why is that? Because succession planning is left to random chance and the changing dynamics of generational gaps not understood clearly by everyone…

Succession is needed for many reasons. A leader or senior members of the family business could be heading to retirement or have a health conditions or fed-up of firefighting and managing daily operations. An owner may be playing to their weaknesses or lost the passion for their business. Next generation family members could be looking to join but want ownership and decision making ability. The owners could be looking for an exit but still remain as investors or not sure what they want. Whatever the reason, letting go is so difficult and succession requires careful planning, it is too important to leave to random chance.

 Some of the critical topics highlighted in this high-impact session, include:

• Different Family Business Structures that Support Effective Succession Plans

• How to bring in the Next Generation with the Family MBA Program

• Building a World-Class Dream Team with DNA Profiling Model

• Using the FOB & STATE Scorecards to assess what issues to address first

Date: Thursday, 9th October, 2014

Venue: Oshwal Centre Auditorium, Ring Road Westlands, opposite Nakumatt Ukay

Time: 7:30pm sharp (Light refreshments will be served from 6.30pm)