Allow your company continuity through future generations
Take benefit from a structured and state of the art corporate governance, a professional management, processes and governing bodies for your family owned company.Learn more
Our longstanding professional experience, confirmed through real life experience and literature, shows that while a majority of businesses worldwide are privately owned, unfortunately a big percentage of these businesses fail to pass from one generation to another, mainly due to the same underlying challenges, amongst them lack of corporate governance, processes and succession plans as well as lack of rules, roles and responsibilities for family members in business.
The Biopharma Consulting Family Business Practice is structured to help family owned companies to incorporate their corporate governance, defining roles and responsibilities for the family members. By defining structures and processes of family owned businesses, the owners are enabled to define and optimize succession plans and governing bodies, such as the family council, a board of directors and a professional management team.
The professional practice shows that generation changes are the most critical events in family owned businesses. Lack of operational interest of future generations, power struggles or conflicts of interest within the families can lead to the existential hardship and loss of company value and goodwill, constructed over decades.
With our Family Business Practice, our clients benefit from a structured and state of the art corporate governance, a professional management, processes and governing bodies to allow their company’s continuity through future generations.