The Platform will focus on two needs:
Recognition of new ideas and brainstorming for the future are vital to avoid stagnation and keep growing. Considering value creation and future exit options (even if there are no current plans to sell) can fuel a growth mindset.
In our experience, family businesses often under-perform when there is a lack of Conviction, Commitment, and Contribution from key stakeholders. The Platform aims to address these challenges based on the proven 6C Framework:
To be Convinced on ideas and execution, people need Clarity on business goals, investment plans and decision-making.
To be Committed towards business success, people need to have a sense of Comfort, which comes from being valued, informed and having their expectations managed.
To Contribute optimally, people need to unlock Capability, which requires assessing competence and stepping up training and development.