Continuity Workshop
Lay the foundations for your path to continuity
The Challenge
Even when enterprising families are aligned in their desire to pass ownership to the next generation, they don’t always know where to start.
Continuity requires an understanding of the key opportunities and risks that families face as they approach generational transitions and a commitment to addressing them systematically over time. However, many families often “don’t know what they don’t know” about the fundamental building blocks of family enterprise continuity, and aren’t always tracking the considerable time, effort and resources necessary to achieve it. Others may understand the key issues but may not be ready to dive into a full Continuity Audit, or are curious to learn more about continuity planning before committing to a more systematic process.
Our Solution
In LGA’s Continuity Workshop, our advisors lead your family through a customized and interactive learning experience focusing on the key drivers of family enterprise continuity — a foundation for any continuity project.
How does it work?
Each Continuity Workshop is distinct and custom-designed for your family enterprise. It leverages our teaching at top universities around the world and fosters thoughtful engagement in early discussions about governance design and family engagement by asking:
- What makes family enterprises so unique?
- What are the “Three Circles” within a family enterprise (i.e. Business, Ownership and Family) and how do they evolve over time?
- What is governance and how does it support continuity?
- How is governance different within family enterprises?
- How can next-generation family members effectively engage with their family enterprise?
- What are the key opportunities and risks that all families must address if they want to achieve continuity?
How does your family benefit?
Participants will emerge from LGA’s Continuity Workshop with a common language to begin having deeper conversations about the purpose of your wealth, your shared vision for the future, and how to get organized to achieve multi-generational success. Your family will emerge more engaged and motivated, and ready for the important work ahead.
Learn more about the LGA Continuity Workshop
Case Study
Learn how our Continuity Workshop helps enterprising families begin the journey of multi-generational success.
Case Study: Beginning the Journey of Continuity
A successful entrepreneurial couple on a long overdue vacation was reflecting on the future. Together, they led a portfolio of operating companies, an investment portfolio, and a donor-advised fund. They also had three healthy adult children, the eldest of whom was about to get married.
Related Insights
How can a shared vision create greater impact?
Fernanda Jaramillo and Ivan Lansberg talk about the importance of having a shared vision for family enterprises to successfully last from generation to generation
How can coaching and mentoring be leveraged to develop family leaders?
Sharon Duguid and Wendy Ulaszek discuss the benefits, techniques and challenges of coaching family businesses.
How can families avoid the succession conspiracy?
Consequences of poor succession planning can be harmful both for family owners but also for many key stakeholders like employees, suppliers, and customers.
Next in Line: How can family businesses raise good owners?
Devin Deciantis and Nicolas Hollanders discuss the importance of engaging the next generation.
Educating family business owners
We conceptualize two interrelated approaches to education: a deductive or “outside-in” approach.
LGA Lighthouse: “Why a Podcast?”
Ivan Lansberg and Devin DeCiantis discuss LGA’s decision to launch a podcast.
Featured advisors
Neus Feliu
Neus has 20 years of expertise in corporate and family business governance specializing in large Latin American and European.
Ashley Blanchard
Ashley works with philanthropic families to help them define a shared vision for their family’s philanthropy, and the structures and operations to realize that vision.
Nicolas Hollanders
Nicolas specializes in governance design and succession planning for family enterprises around the world.
Ivan Lansberg
Ivan is a Founding Partner and consults with complex family businesses in the USA, Canada, Asia, Europe and Latin America.
Wendy Ulaszek
Wendy is a partner that has over 15 years of consulting and counseling experience in individual, group, and organizational assessment and leadership development.
Devin DeCiantis
Devin has been advising and teaching for over a decade and specializes in the financial, organizational, and strategic aspects of complex family enterprises.
