To succeed in growing and transitioning operating businesses across generations, family enterprises need a clear approach that addresses both business performance and family dynamics. Enduring family businesses often focus on four core strategies that serve as the foundation for sustainable, multigenerational success.
Join us for episode 2 of the Multigenerational Edge webcast series, where EY professionals will explore one of four core Family Enterprise strategies: Business Growth. We will share an actionable framework designed to support family businesses in identifying growth blockers, achieving sustainable business growth, improving business value and profitability, and positioning for transition readiness for future generations. Discussion topics include:
- Business growth pathways: where to grow
- Data analysis, strategic vision and implementation: how to evaluate growth opportunities
- Core elements of a business growth process: building the growth engine
- Refinement of your growth plan: iterating toward desired results
- Navigating growth in a nonlinear, accelerated, volatile and interconnected (NAVI) world: addressing external forces shaping strategy
- Family business holding companies: structuring for scale
Webcasts in this series showcase Family Enterprise core strategies, emerging trends and leading practices. Future sessions will address company capitalization, generational transition, and shareholder liquidity.
Learning objectives
Identify growth pathways available to family enterprises; evaluate data-driven approaches to strategic planning and implementation; describe the core elements of a structured business growth process; apply iterative refinement techniques to a growth plan; assess external megatrends shaping family business strategy; and explain the role of holding company structures in scaling family enterprises.
Panelists
- Praveen Arivazhagan, Partner, EY-Parthenon Americas Corporate Venture Building Leader, Ernst & Young LLP
- James Bly, Managing Director, Family Enterprise Business Services, Ernst & Young LLP
- Jessica Shaw, Principal, Corporate Finance, EY-Parthenon, Ernst & Young LLP
- Dominic Venditti, Senior Manager, Family Enterprise Business Services, Ernst & Young LLP
Moderator
- Brock Griffiths, EY Americas Family Enterprise Leader
EY webcast managed and produced by Ernst & Young LLP’s Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax