Richard Kleiner’s Post

Advantages of Evolving Your Governance Model: From last 10 years we are adding tremendous value to family businesses in all aspects. Here I am trying to explain different dimensions of value addition in below and coming posts: 1- Separating the company’s needs from the family’s need: Especially in a company’s early years, founders and family members may view company assets as belonging to them. Removing assets—like significant amounts of cash—from a company can impact the company’s health, and even its viability. It can also have tax and regulatory consequences. Directors can ask questions about how the company’s assets and profits are used. They can also help moderate discussions about the appropriate level of dividends for shareholders. This can help ensure the company retains sufficient funds so it can survive and grow. Directors can leverage what they’ve seen elsewhere to help managers address challenges or perhaps avoid them in the first place. Some directors may also bring deep industry experience, which can be helpful when setting and implementing the company’s strategy. Plus, directors often have extensive networks that can prove helpful to the company in other ways. #familybusiness #governance #generations #growthmindset #successionplanning #sustainability #assetsmanagement

Each year, a significant number of publicly listed companies face the departure of their CEOs. While these transitions are inevitable, they represent critical moments in a company’s lifecycle, often leading to long-lasting financial and strategic problems when poorly managed. Yet, many companies are ill-prepared for these moments. Why is this? What are the costs and benefits of CEO succession plans? What are their impact on shareholder value? #boardsofdirectors #nonexecutivedirectors #independentdirectors #successionplanning

Meet our #RestructuringPlan experts! 🤝   As we gear up for our new Restructuring Plan series, we're excited to introduce the #experts behind some of the UK’s most #impactful restructuring projects.   From household names like #Prezzo and #Clintons to other major success stories, our team brings unparalleled insights and experience to the table.   Stay tuned for more coming soon! 🔜   Allan Kelly Jim Davies Greg Carr Philip Reynolds

This is a practical and quick read on CEO succession planning from Anjli Raval. Do you have the proper governance and process in place to do this well? "For large corporations, candidates need to be developed in roles that give them the breadth of experience — geographically and across different business lines. They also need time to see projects through so boards can assess performance and vet them appropriately." #succession #talentmanagement

Advantages of Evolving Your Governance Model: From last 10 years we are adding tremendous value to family businesses in all aspects. Here I am trying to explain different dimensions of value addition in below and coming posts: 1- Separating the company’s needs from the family’s need: Especially in a company’s early years, founders and family members may view company assets as belonging to them. Removing assets—like significant amounts of cash—from a company can impact the company’s health, and even its viability. It can also have tax and regulatory consequences. Directors can ask questions about how the company’s assets and profits are used. They can also help moderate discussions about the appropriate level of dividends for shareholders. This can help ensure the company retains sufficient funds so it can survive and grow. Directors can leverage what they’ve seen elsewhere to help managers address challenges or perhaps avoid them in the first place. Some directors may also bring deep industry experience, which can be helpful when setting and implementing the company’s strategy. Plus, directors often have extensive networks that can prove helpful to the company in other ways. #familybusiness #governance #generations #growthmindset #successionplanning #sustainability #assetsmanagement

Every CEO transition is high stakes for a board and its company: An effective succession plan can mitigate turbulence and ensure a steady course forward. Here are three secrets to succession planning done right>> https://buff.ly/4g7S36I #successionplanning #succession

Every CEO transition is high stakes for a board and its company: An effective succession plan can mitigate turbulence and ensure a steady course forward. Here are three secrets to succession planning done right>> https://buff.ly/3Befexf #successionplanning #succession

Critical Success Factors in Family Business Succession: Effective succession planning means proactive engagement and strategic foresight. From initiating the process early to maintaining momentum and implementing the plan, this article highlights key factors essential for safeguarding the legacy and prosperity of family-owned enterprises. Read the full article here - https://hubs.la/Q02vgMST0 #FamilyBusinessSuccession #SuccessionPlanningPitfalls #StrategicExecution

Critical Success Factors in Family Business Succession Effective succession planning means proactive engagement and strategic foresight. From initiating the process early to maintaining momentum and implementing the plan, this article highlights key factors essential for safeguarding the legacy and prosperity of family-owned enterprises. Read the full article here - https://hubs.la/Q02yt7C60 #FamilyBusinessSuccession #SuccessionPlanningPitfalls #StrategicExecution

We asked three seasoned CEOS for their approach to growing a business. Their answer? Reinvest—but not in what you might expect. Hear advice from Ann Ramakumaran, Robert Shibuya and Sherman Wright on reinvesting in employees, clients and infrastructure. https://bit.ly/3VKRC9q