Korn Ferry

Getting the

balance right.

Family Owned Businesses

Family owned businesses have to juggle two closely interwoven priorities: growing a successful company and upholding the shared values that support its success. That calls for sensitive, culturally specific personal and professional advice.

Informed by 60 years of experience, we’ve helped a broad variety of FOBs to address their unique issues, offering dependable guidance on:

  • Clarifying your vision and strategy.
  • Improving how your business is structured and run.
  • Expanding into global markets.
  • Managing succession planning.
  • Developing your leaders.
  • Developing and rewarding your people.

What makes Hay Group different?

We are acutely aware that running a family owned business is very different from ‘ordinary’ company management. That’s why we bring an exceptional set of skills to our partnership with FOBs, and a commitment to their special heritage and potential.

  • All around know-how. We understand business matters, family values, specific cultures and family psychology.
  • Skillful mediation. We know how emotions may get in the way of objective decision-making, and can help you resolve any conflict in a rational way.
  • Practical business advice. We look beyond the figures to other factors that affect family shareholder value and family interests.
  • Regional and cultural understanding. With our global presence, and our focus on people and work cultures, we are well placed to appreciate local differences and tailor our solutions accordingly.

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