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Handing over within the family.

Example, fictitious company. A daughter ready to lead, and three advisors whose plans did not agree.

Follow the six steps

The owner“You could run it tomorrow.”

His daughter“Run it, yes. But who owns it the day after?”

“Your brother has never wanted the company.”

“He has never been asked.”

Six steps, one family firm.

What it had, what TEOS prepared, what the owner decided, and the result.

  1. 1Diagnosis

    Three plans that do not fit.

    The company had
    His father’s firm; a daughter in sales, a son elsewhere.
    TEOS prepared
    The diagnosis, and the question under the three plans.
    The owner decided
    Nothing yet. The real question came up at home.
    The result
    The main obstacle: ownership was never settled.
    Diagnosis reportConfidential
    Main obstacle

    Ownership has never been settled.

    So each advisor answers a different question.

    Example, fictitious company

  2. 2Ten dimensions

    Ready to lead, not to own.

    The company had
    A successor inside the firm: his daughter.
    TEOS prepared
    The ten readings, on one page.
    The owner decided
    The route: within the family.
    The result
    The successor is in order; ownership holds back the rest.
    Ten dimensionsFamily route
    1. 01Owner decision
    2. 02SuccessorIn order
    3. 03Management
    4. 04Process and knowledge
    5. 05Governance and legal
    6. 06Financial transparency
    7. 07Market viability
    8. 08People and culture
    9. 09IT and digital
    10. 10Ownership transferHolds back the rest
  3. 3Executive matrix

    A leader ready, ownership open.

    The company had
    A daughter who could lead; no answer on the shares.
    TEOS prepared
    Its square on the matrix: deal blocked.
    The owner decided
    Ownership first, before anything is signed.
    The result
    Every advisor now answers the same question.
  4. 490-day plan

    Three plans, one page.

    The company had
    A notary, a tax advisor and a bank, each with a plan.
    TEOS prepared
    The three plans on one page, in order.
    The owner decided
    He approved the order.
    The result
    The advisors now work from one page.
    One page, in orderThree advisors
    1. 01The draft shareholder agreementNotary
    2. 02What each answer costsTax advisor and bank
    3. 03The daughter runs daily operationsFrom week eight
    The owner’s approvalApproved
  5. 5Execution

    From week eight, she leads.

    The company had
    One page, and three advisors working from it.
    TEOS prepared
    Each advisor’s work in sequence, followed week by week.
    The owner decided
    His daughter runs daily operations from week eight.
    The result
    Both children have read the draft shareholder agreement.

    How we follow through

    ProgressFollowed week by week
    1. The three plans on one page, in orderDone
    2. Both children read the draft shareholder agreementDone
    3. The daughter runs daily operationsWeek 8
  6. 6Handover

    The decision no plan can make.

    The company had
    A draft agreement both children have read.
    TEOS prepared
    What each answer costs, from his advisors.
    The owner decided
    Still his: who receives the shares, and when.
    The result
    How to be fair to both, and when to step back: his too.
    Stays with the ownerHis alone
    • Who receives the shares, and when.
    • How to be fair to both children.
    • When to step back.
    From his advisorsWhat each answer costs
Next scenario A workshop built around its founder. When the founder was away, the quotations stopped.

A family handover, prepared.

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