Family Enterprise
Unleashing the hidden and collective potential of the family from one generation to the other. Developing the blueprint for tapping into the planet-size opportunity.
Family Businesses face unique challenges as they grow in their size, maturity, and ambitions. These challenges could range from complex family dynamics to long-term business challenges. Drawing from the collective experience of more than 100 years over 5 different continents of serving the world’s most ambitious and progressive family businesses, we have crafted a patented framework that helps family businesses to help them achieve multi-generational success, with happiness and abundance.
Our practice of family business recognizes the power of family enterprises with the super-power of collective emotions of the family. As trusted advisors to family-owning businesses across the globe, we have the experience, integrity, and expertise to harness the power and super-power in a structured and system-oriented way for the long-term success and legacy of the family business.
The Practice of Family Business
This practice at SOCH helps your family business build its identity that lasts. We help your family business turn your unique long-term vision, values and legacy into reality. We do this by developing your family constitution, family governance, family office, succession planning, business continuity, next-generation education, transition, and leadership development. No matter at which stage you are in your family and its business, we are here to provide solutions for you to move forward.
We help our family business clients develop each of these timeless solutions in a structured and methodical way. Each of the below-listed practices is customised to the family businesses’ nature, aspirations, and challenges.
How SOCH can help
Our Latest Insights
THE ONLY PIVOTAL REASON IS TO CREATE A SHARED CONSCIOUSNESS
The institutionalisation of the family is a major step of the century. This step will impact further centuries. This depends on the ideas, assumptions, and the motive it has been designed for. Many family businesses remain fixed on a point. When they speak to even the niche of the family advisors and experts, they alluded
How family-owned businesses continue to thrive for over 300 years?
Everybody knows and everybody feels that the world is turbulent. If you don’t feel that today, you haven’t been paying enough attention. You know that today’s environment isn’t what it was 10 years ago or, for that matter, even 5 years ago. The pace of life is accelerating and world has become foggy in addition
How does the constitution restrict freedom or unleashes it?
A typical question that reveals one major hesitation among multigenerational family businesses is their freedom. Some feel that having a family constitution restricts their lifestyle and access to wealth. Some feel that it may even affect their share of ownership, and uncertainty about it makes them freeze in their minds. Others feel that if a