According to our KPMG Enterprise and Family Business Australia Survey, current and future family business leaders often view key aspects of the business, such as succession planning, governance and growth, in different ways. But successful family business leaders need to be aligned. That’s why we have created a five part Business of Family Master Class Series aimed at family enterprises keen to plan and strategise for the future.
"Family businesses consider more than profit and performance: they think about the identity of the family and its reputation, as well as their legacy going forwards."
"Boardroom problems can surface round the kitchen table which can lead to friction - that's why it's important to put strong governance frameworks in place for both the business and the family."
"Lack of communication between generations is a common issue. Businesses need to harness the wisdom of the current leader, the passion of subsequent generations and share their vision."
"The Business of Family Master Class Series is aimed at family businesses going through transition, with real life examples, concrete data and family business advisors on hand to share key take homes from the 2018 KPMG Enterprise and Family Business Australia Survey."
Michelle De Lucia
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