Family Enterprises Have a Range of Needs at this Time.
Family enterprises face significant new challenges brought by the COVID-19 pandemic and from this turbulent era broadly. They range from urgent issues to manage daily shocks, to remaining nimble as you plan for what comes next, to keeping a long-term view and leveraging your strengths to rebound from setbacks.
Our team of experts at CFEG is here to help your family and enterprise build resilience and move constructively through the turbulence. Please explore our virtual services and online resources below, and contact us to discuss how we can assist you.
Virtual Services for Family Enterprises
Strategies to Navigate Turbulence
Online Meetings & Advice
We offer strategic advice and facilitate important conversations and working sessions via remote video meetings. We provide owners, business leaders, family office leaders, boards members, and governance members guidance and tools to manage the short-term and long-term issues related to Covid-19 and this turbulent era broadly–– as well as how to thrive beyond it.
Topics include:
- Adapting your business and portfolio to current conditions
- Preparing to weather impending economic disruption as a family enterprise
- Leading through a crisis, including coaching and mentoring the CEO and key owners
- Support for the owners, board, management, family council, owners council, and family office in turbulence management and building resilience
- Remaining aligned and unified as owners in a turbulent period
- Remaining agile to make strategic ownership and portfolio decisions
- Scenario planning: short-term and long-term
- Reshaping your succession plan given the turbulence
- Helping the next generation be more active in times of disruption
- Philanthropy and social impact for Covid-19 and other challenging social issues of our time
- Preparing for the post-Covid environment
- Evaluating your crisis response and preparing for the next crisis
- Other topics
Meetings are tailored to participant groups of any size – from individuals to small and large groups. They often include breakout sessions for working groups to make concrete progress during the meetings.
Contact Us to discuss your family enterprise’s interests and needs.
Virtual Education
Past Online Programs/Webinars
WEBINAR: Navigating Your Family Office
January 18, 2024 – IMD Business School, CFEG, and the Family Business Network
Making Family Councils More Effective
September 21, 22, 28 & 29, 2023
WEBINAR: Current Family Challenges
February 1, 2023 – with MIT Management Executive Education
WEBINAR: The Modern Family is Morphing: What Family Councils Can Do
June 8, 2023
WEBINAR: Digital Transformation and the Family Enterprise
December 15, 2022 – with MIT Management Executive Education
Compounding Your Family’s Wealth:
Building a Multigenerational Family Enterprise Wealth Portfolio
November 7-9, 2022
November 10-12, 2021
Making Family Councils More Effective
March 1-4, 2022
The Family Business Board in Disruptive Times
Live, Online Masterclass
September 16 – 18, 2020
Making Family Councils More Effective
Live, Online Program
October 5 – 8, 2020
Private Workshops
We also provide private trainings and learning opportunities to family enterprises via live video. These include interactive presentations, facilitated dialogue, and working sessions. They are customizable for individuals, small groups, or large groups, and can be stand-alone workshops or inserted into family or governance meetings.
Topics cover a range of themes, for example:
- How to navigate this turbulent era as a family enterprise
- The role of owners in disruptive times
- Strategies for building family resilience
- Developing an owner’s mindset in an age of disruption
- Leadership of a family enterprise during a crisis
- Communication principles during times of uncertainty and turbulence
- Skills training for next generation active owners, wealth creators, and successors (such as: leading through a crisis, M&A strategies, investment analysis)
Contact Us to discuss educational topics of interest to your family enterprise.
Keep up with insights from our experts to help you through the turbulence.
Articles
Open Letter to Family Enterprises from CFEG Partners
Actions for Family Business Owners and Boards in the Wake of the Coronavirus Pandemic
Family Resilience in the Time of Corona
In Times of Crisis, How Family Enterprises are Doing Good
Webinars
Join us for complimentary webinars hosted by CFEG experts to converse about topics that will help family enterprises reflect and work through these uncertain times.
Past Webinars – Replays are available at the links below:
Navigating your Family’s Philanthropic Journey in a Complex World – December, 2020
A webinar for families to learn how to enhance and adapt their giving strategy for today’s rapidly changing world.
The Powerful Benefits of Shareholder Agreements in Sibling and Cousin Owned Family Businesses – November 2020
Explore the benefits and key dimensions of Shareholder Agreements for sibling and cousin owners of family businesses, family offices, and family assets.
The Role of the Family Council During a Crisis – September 2020
There is almost no path a multigenerational family enterprise can take that does not lead to some periods of difficulty or crisis. It is during these heavy moments that a Family Council’s steady leadership can keep an enterprising family together and managing adversity.
Leading Digital Strategy in Your Family Enterprise – July 2020
It is imperative for top leaders of the Family Enterprise to drive Digital Strategy. This webinar explores how owners and leaders in family enterprises can better understand and approach Digital.
The Role of the Family Office During the Covid-19 Pandemic – June 2020
A webinar for families to explore how their Single Family Office can better serve their family during turbulent times.
Leadership Transitions from Siblings to Cousins, and Among Cousins – May 2020
This webinar prepares sibling- and cousin-owned family enterprises for the complexity of leadership transitions, especially in disruptive times.
Family Business Owners: Your Role During and After the Covid-19 Crisis – April 2020
This webinar explores the important role of family business owners in mitigating the impact of the Covid-19 crisis on their businesses, including recommendations for a post-Covid agenda for owners as they plan for what lies beyond the crisis.
Ongoing Advancement of Your Family Enterprise
Assessments
Answer an online questionnaire, and we will conduct interviews and analysis, offer a written report, and lead a live video session to provide our recommendations. Ongoing coaching and mentoring is also available.
Assessments can be done for individuals, groups, and organizations on a range of different areas of your family enterprise.
For example:
- Health Check: Strengths and Vulnerabilities of our Family Enterprise
- Crisis Response Evaluation
- Board of Directors Performance
- Family Council Performance
- Owners Council Effectiveness
- Family Resilience
- Succession Plan Strength
- Leadership Style
- Owner Readiness
- Team Collaboration
- Individual Career Interests
- Personality Inventory
Contact Us to explore customized assessments for your family enterprise.
Documents Review
We review your important documents and agreements to identify ways to strengthen them or adapt them to today’s context. We conduct interviews, provide a written report, and lead a live video session to provide our recommendations.
Agreements and documents of all kinds can be reviewed. For example:
- Shareholder agreements
- Family Protocol or Family Constitution
- Family Governance bylaws
- Family employment policies
- Ownership policies (such as: dividend policy, risk management policy, new venture funding policy, investment/divestment policy)
- Others
Contact Us to discuss your agreements and documents.
Our Latest Thinking and Insights
Latest Articles
Recommended Books
Short Videos
- View our collection of short insightful videos on family enterprise topics
Open Letter to Enterprising Families from CFEG Partners
In this important time in history, family enterprises face significant new challenges brought by Covid-19 and this turbulent era broadly. As you experience, first-hand, the shocks of this disruption, and witness its impact on individuals, families, companies, economies, and societies, it is critical to maintain cool heads and focus on what needs to get done—at every level of your Family Enterprise and in your communities.
Families and family enterprises have weathered storms of great magnitude before – wars, economic crises, and upheavals of all kinds. The survivors have benefited from the inherent strengths of their family enterprises . . .