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Business Change Management

Business Change Management

Owners Of Family Businesses Better Have A Good Succession Plan

On Oct 26, 2017 8:45:00 AM

/ Andrea Simon

Categories: Family Firms, Culture Change, corporate anthropologist

Did you know that family-owned firms account for 66% of businesses around the world yet only 16% of them have succession plans? That's a scary thought. 

In the U.S. alone, family firms comprise 80%-90% of all business enterprises, generating 64% of the GNP and employing 62% of the workforce. Clearly, family firms are incredibly important to the global economy, which is why the issue of succession should be approached very intentionally to ensure the ongoing health of these businesses, as I write in a recent article for Daily News.

As a corporate anthropologist, a culture change expert and a daughter raised in a family business, I have a particularly strong interest in helping family firms successfully prepare for their succession.

If you're starting to think about the future of your family business, consider these six steps as you prepare to hand over the reins to the next generation (abridged version...read the full article here).
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Six Steps For A Successful Family Firm Succession Plan

On Jul 22, 2015 6:10:10 PM

/ Andrea Simon

Categories: Family Firms, Andrea Simon, Change Management

 

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Andrea Simon, Ph.D., Family Firms Expert, Featured In Newsday Article

On Sep 18, 2013 12:24:28 PM

/ admin

Categories: Family Firms, Andrea Simon, Change Management

An expert on family firms and their challenges, anthropologist Andrea Simon, Ph.D., principal and founder of Simon Associates Management Consultants (SAMC), was recently cited in the September 8th edition of Newsday.

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Start Your Business With A Family Member

On Feb 21, 2013 8:42:41 AM

/ admin

Categories: Family Firms, Andrew Simon, Change Management

In the fall I wrote about nine things you should consider when starting a new business venture. I thought it to be pretty complete. Then someone asked me to write about going into business with a family member. What did I think about that and did I have any words of caution? That’s a pretty thought-provoking question.

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Forbes.com Publishes Andrea Simon’s “Ten Business Trends From The Trenches For 2013″

On Feb 15, 2013 11:18:06 AM

/ admin

Categories: Family Firms, Healthcare, Blue Ocean, Andrea Simon, Emerging Trends, Change Management

Andrea Simon’s insightful and instructive “Ten Business Trends From The Trenches For 2013″ is currently being featured in an article on Forbes.com.

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You Were Always The Favorite….Best Stories About Surviving The Family Business

On Oct 20, 2012 1:42:15 PM

/ admin

Categories: Family Firms, Andrea Simon, Change Management

I just returned from the Family Firm Global Conference that I attended in Brussels, Belgium. I was speaking there on Culture Change for Changing Times. I have a white paper coming together to tell you about the talk.

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