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Family Strategy

At the core of every family business, are the ideas of perpetuity and profit. To realize these ideas, the business must not only prosper but also adapt to changing times and generations with agility.

For stability and growth of the business, owner-families need to maintain a balance between conflicting demands of family and business, especially when families grow and business complexities increase.

At Equations, we understand the art and science of balancing family, business, and ownership dynamics. A formal family strategy acts as a guide in striking a balance between aspirations and objectives of members.

As trusted and unbiased advisors, we guide owner-promoter families to develop suitable family strategy to unlock their full potential and develop a road-map for continuity while preserving values and legacy.

We assist in developing effective family strategies

Alignment of Purpose, Vision, Values ... Read More

Conduct a FB-SCORE* assessment to diagnose the family’s inherent strengths, challenges, and gaps incurrent and desired state of success
Formulate the purpose, vision and mission of the family
Facilitate alignment of family and business objectives
Recommend suitable solutions and strategies for current situation and future trajectory

*Our proprietary assessment

Transition to Next-generation ... Read More

Define roles, responsibilities, and rights of family members in line with business goals and policies
Provide clarity on family’s involvement and accountability towards the Board, organisation, and stakeholders
Develop strategies for creating a trusted brand through CSR and philanthropy
Draw out a road map for succession, ownership, and wealth structuring for family’s well-being

Family and Business Interface ... Read More

Define roles, responsibilities, and rights of family members in line with business goals and policies
Provide clarity on family’s involvement and accountability towards the Board, organisation, and stakeholders
Develop strategies for creating a trusted brand through CSR and philanthropy
Draw out a road map for succession, ownership, and wealth family’s well-being

Family Capabilities and Coaching ... Read More

Design individual development plans for family members and coach them to prepare for their roles as leaders, owners, and board members
Mentor and groom non-working women members to contribute significantly in the business by learning basics of business management, and developing leadership capabilities
Create family history and legacy stories to enhance bonding among multi-generational members

Check your FB-SCORE before planning your family strategy!

Equations’ FB-SCORE assessment is developed after a decade of our deep research on family and business dynamics and interactions with hundreds of family businesses.

FB-SCORE is a diagnostic assessment that identifies your family’s DNA in terms of values, culture, entrepreneurial orientation, and hidden potential.

It gives you an unbiased view of where you stand as a family-in-business and where you could reach in future.

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