EY Growth DNA Model for family business
With more than 100 years of experience supporting the world’s most entrepreneurial families, we understand that family enterprise owners face unique challenges as they balance their ambition to grow with the effort to build the family legacy.
What EY can do for you
Family enterprises have unique needs in comparison to corporate business operations. Relationships and interests of individual family members are often diverse; some members may not be interested in continuing the business while others may wish to change it fundamentally.
In addition to “traditional” concerns of entrepreneurial families, such as governance, succession and wealth management, we now see the topics of diversity, talent, digital transformation, philanthropy and inclusive capitalism progressing toward the top of the agenda in family enterprises across the world. These topics are mostly driven by the next generation of family members.
The EY approach to working with family enterprises is anchored in our EY Family Enterprise DNA Model. The Model, which supports both the personal and business performance agendas of family enterprise leaders, is based on success factors that facilitate family cohesion, business growth and long-term wealth preservation in a family enterprise.
We combine our understanding of these success factors with our vast experience and knowledge to create a framework for guided conversations on topics that matter the most to family enterprise owners.
Focus on Family, Values, Business and Assets
Each family enterprise is unique, yet successful ones have much in common. Drawing on the knowledge we have gained from more than 100 years of working with family enterprises, we have identified the key factors that help them grow the business and build a long-term, intergenerational legacy. We use our Family Enterprise DNA Model to support both the personal and business agendas of family enterprise leaders and help them succeed across generations.
When business-owning families grow significantly in number and complexity, a good plan for succession becomes an imperative. Learn more.
Fiscal, legal and financial questions often arise hand in hand with the very personal aims and values of family members. Learn more.
As families divide profit among more family members, sustainable growth and profitability of the business become more important. Learn more.
As the complexity of managing the family wealth increases, families look to professionalize this process through family office functions. Learn more.
When you’re ready to talk, we’re ready to listen
Using our Growth DNA Model as a guide, we ask the right questions – and we listen to the answers. Drawing on our decades of experience working as trusted advisors to leading family enterprises, we work with you to address the issues and concerns your enterprise faces.
Like what you’ve seen? Get in touch to learn more.