Succession Planning
Build Today While Planning For Tomorrow
What is your succession plan?
At iBridge Global Partners, we specialize in guiding family businesses through smooth leadership and ownership transitions for long-term success. By identifying and preparing future leaders, we ensure a seamless transfer of responsibilities and foster innovation.
Our comprehensive support encompasses roadmap development and smooth execution of the transition plan. Partnering with us guarantees a transparent and respectful process that safeguards your family business’s success and builds a lasting legacy.
Our goal is to help you develop a comprehensive succession plan that addresses leadership development, retirement planning, board of directors’ development, business structure and operations, family dynamics, family governance, financial planning and asset allocation, philanthropy, and owners finding their true passions.
Succession planning is a critical component of any family-owned business. Without a solid plan in place, businesses can struggle to maintain their success as they transition from one generation to the next.
At iBridge Global Partners, we understand the unique challenges that family-owned businesses face when it comes to succession planning.
Leadership Development
We specialize in preparing the next generation of leaders within family businesses through personalized mentoring, comprehensive training, and leadership development programs. We provide ongoing support and guidance to ensure continuous mentorship and coaching as future leaders assume more responsibilities. By investing in leadership development, we foster a strong leadership pipeline, ensuring long-term success and sustainability for family businesses.
Family Business Governance
We specialize in establishing robust family governance structures for family businesses. Through facilitated discussions, we help establish clear roles and responsibilities, enhance communication, and promote effective conflict resolution. Our tailored approach fosters transparency, fairness, and accountability while preserving family unity and shared values. We guide you in implementing decision-making processes that balance business needs and individual aspirations, building a solid foundation for long-term success.
Creating Board
Board of directors’ development is also an important consideration in succession planning. We help you identify and develop a strong board of directors that can provide guidance and oversight as your business transitions to the next generation. This includes identifying potential board members, providing training and development opportunities, and ensuring that your board is aligned with your business’s values and vision.
Family Business Education
We specialize in providing comprehensive educational programs tailored to the needs of family businesses. Our workshops, seminars, and resources cover topics such as family governance, succession planning, strategic decision-making, and business growth. Additionally, we offer personalized coaching and mentoring to address specific challenges and provide support. Our programs take into account the complexities of family businesses, helping you navigate family dynamics and align values with business goals for long-term success.
Family Dynamics
We specialize in establishing robust family governance structures for family businesses. Through facilitated discussions, we help establish clear roles and responsibilities, enhance communication, and promote effective conflict resolution. Our tailored approach fosters transparency, fairness, and accountability while preserving family unity and shared values. We guide you in implementing decision-making processes that balance business needs and individual aspirations, building a solid foundation for long-term success.
Family Wealth Management
We collaborate with wealth management professionals to integrate family wealth planning with the objectives of the family business. Our comprehensive framework considers your unique circumstances and aspirations. By aligning wealth planning with the business, we support financial growth and preserve family values. Engage with us to assess and mitigate risks while maximizing growth opportunities for long-term financial security. Secure a prosperous future for your family and business through effective wealth integration.
Business Performance
We specialize in analyzing and optimizing business operations to maximize efficiency, profitability, and overall performance. Through in-depth assessments and collaborative strategies, we identify areas for improvement and develop tailored action plans. With ongoing support, we implement changes effectively and monitor progress to ensure desired outcomes. Our expertise spans various areas, including workflows, supply chain management, and technology integration. Unlock untapped potential, reduce costs, and increase productivity by optimizing your operations with us.
Legacy Planning
Legacy planning involves guiding owners through the transition from operator to overseer, empowering them to find their next passion while preparing for the next generation of leaders. For exit strategies, we focus on creating a sellable asset and facilitating a smooth transition. We help owners envision their next chapter, explore personal goals and interests, and provide guidance on discovering fulfilling pursuits. Additionally, we optimize the business for market attractiveness and guide owners in embracing a visionary mindset.
Phone
502.741.7852
jstevenson@ibridgeglobalpartners.com
Hours
Monday-Friday 9:00 a.m. to 5:00 p.m.
Contact Us
Yes! I am interested in having a conversation about my goals!