succession planning – The Solutionist Group

The Hidden Costs of Poor Succession Planning to Australian Family Business – and how Mediation can reduce both Cost and Damage.

Jon Kenfield — Tue, 07 Oct 2025 01:00:02 +0000

Family businesses are the backbone of the Australian economy, making up over 70% of all businesses and contributing significantly to GDP. Yet for all their strengths, they face unique challenges when it comes to passing the torch to the next generation to ensure business continuity. Poor succession planning can lead to big financial losses, cessation […]

The post The Hidden Costs of Poor Succession Planning to Australian Family Business – and how Mediation can reduce both Cost and Damage. appeared first on The Solutionist Group.

Difficult Family Conversations – 10 Key Issues

Jon Kenfield — Mon, 23 Apr 2018 02:26:58 +0000

Security: physical, emotional and financial, sit at the top of Maslow’s hierarchy of human needs. Situations that challenge your sense of personal security are therefore likely to create feelings of insecurity and discomfort, which is why many of us are reluctant to initiate conversations likely to start, or to become, difficult. The expectation that a […]

The post Difficult Family Conversations – 10 Key Issues appeared first on The Solutionist Group.

Best Practice in Family Business

Jon Kenfield — Wed, 21 Mar 2018 20:22:38 +0000

“Best practice is a technique or methodology proven by experience and research to lead reliably to an optimal result”. So, if we implement and support Best Practice in our family business we should enjoy success – whatever that means for our business family and for our family’s business. In an “ordinary” business the key measures […]

The post Best Practice in Family Business appeared first on The Solutionist Group.

Difficult Older People & Behaviour Change

Jon Kenfield — Tue, 13 Mar 2018 09:01:17 +0000

We’re seeing increasing numbers of older business owners struggling with the fundamental concept (let alone the required actions!) of family and business succession, and with the challenges of “refiring, not retiring” – as they contemplate living for many years after “finishing” their main work. That work has often been at the centre of their lives, […]

The post Difficult Older People & Behaviour Change appeared first on The Solutionist Group.

10 Wisdoms for Successful Succession

Jon Kenfield — Wed, 13 Dec 2017 02:39:24 +0000

The succession process has been fraught with issues and complications since biblical times. It’s been the subject matter of stories and dramas for as long as we’ve had the recorded word, and will undoubtedly continue to do so. When a business is also involved, the stakes ramp up enormously because, as well as personal and […]

The post 10 Wisdoms for Successful Succession appeared first on The Solutionist Group.

Do “fossilised” owner/parents threaten the survival of their own family businesses?

Jon Kenfield — Thu, 11 May 2017 03:17:48 +0000

An increasing number of family business owners are now past their best decision-making days. With many over 70 years of age they are fossilising on the job, risking the survival of their businesses and families, and the jobs and families of the employees who depend on them. This is not a criticism of what they’ve […]

The post Do “fossilised” owner/parents threaten the survival of their own family businesses? appeared first on The Solutionist Group.