For most family business owners and the attorneys, accountants and family office leaders who serve them, identifying the right strategy for succession is largely guesswork and gut feelings.
There’s no real way to know for sure whether you’ve got the right strategy, and no unbiased data to turn to for guidance. Until now.
At Assess Next Gen, we assess and accelerate transitions for Next Gen Family Business leaders, using data-driven insights gathered through the vetted, scientifically validated Assess Next Gen Survey.
Our consultant partners have demonstrated expertise as wealth advisors, estate and business attorneys, business psychologists, and Family Office Officers. They are available to assist you as you implement and assist your clients using the Assess Next Gen Survey and Assessment tools.
· Qualitative interviews:
Detailed one-to-one direct or virtual 30-minute confidential interviews with up to 15 key stakeholders. That data will be collated into themes and categories in a written report with recommendations.
· Quantitative assessments:
Confidential feedback from 15+ people will be collected from six important rater groups: the 1) Owners, 2) Board, 3) Managers, 4) Peers, 5) Direct Report, and 6) Family. This validated assessment includes a 35-page report that defines each leader’s strengths, weaknesses, blind spots and hidden talents.
· Confidential feedback session:
A confidential one-on-one feedback session will be conducted with each of the leader participants. A written report with key areas of focus will be identified for each individual and specific leadership development plans will be created. A list of resources will accelerate that feedback into behavioral and performance outcomes for each leader. Executive coaching or strategic planning may be recommended separately.
The Assess Next Gen Survey gives you insights and clarity on the questions that keep you up at night.
Are family members prepared to eventually take over the business?
Should I consider a family member for a promotion?
What key skills are most needed for them to succeed and how can they be improved?
Sign up to receive a demo of the Next Gen Assessment and get a free sample report.