Individuals and organisations looking to advance their family-owned businesses by anticipating risks and overcoming challenges are urged to book tickets early for the conference entitled, ‘The Dynamics of Succession in Family-Owned Businesses’. Hosted by Vector Consulting, in partnership with the Congress of Business and Economics (CBE), the conference will be taking place at The Palm Continental Hotel, Johannesburg on Saturday, 7 March.
“The unique structure of family-owned businesses allows for massive growth but there are certain pitfalls and challenges which have resulted in the unnecessary downfall of potentially lucrative organisations,” explained CEO of Vector Consulting, renowned businessman and author, Ahmed Seedat. “Through this conference, we will be addressing often-repeated issues as well as looking at innovative opportunities to develop the business further.”
The 2020 conference includes a discussion on:
1. Observing the challenges in Southern Africa and the blurry lines of control within family-owned businesses
2. The lack of structure and its challenges
3. Observing the challenges of governance or lack of governance
4. How family conflict affects the business structure
5. The impact of generational conflict
6. Gatekeeping and negative repercussions on family members
7. How to identify key issues and therefore, achieve multi-generational success
8. The life cycles of family-owned businesses
9. How to grow shareholder value
The conference will be led by Seedat who has a strong academic and entrepreneurial background, with expertise in the subject of ‘family-owned businesses’ spanning three decades. He currently holds a Certificate in Management, as well as a Master of Business Administration (MBA) Degree exploring the same topic. He recently released his third book, ‘Think Outside the Box’, following his two highly-acclaimed books ‘Profit Progeny Politics’ and ‘The Dynamics of Succession’.
This year’s keynote address will be given by Marius Ungerer, a professor and core faculty member at the University of Stellenbosch (USB). Ungerer currently teaches Strategic Management, Leadership and Change Management programmes such as the MBA, MPhil in Management Coaching, and PGD in Leadership at the institute. His publications include 11 books with co-authors, 21 peer-reviewed journal publications and 20 publications in popular business magazines.
Conference attendees will benefit from insightful knowledge on successful practices within family-owned businesses including risk and debt management, directorships and governance, as well as enhancing profitability in the modern era.
Space is limited and interested parties are urged to book early to avoid disappointment. The cost is R1 200 per person, inclusive of lunch, and tickets can be booked through https://www.quicket.co.za/events/95587-dynamics-of-succession-in-family-owned-businesses-johannesburg/#/ or www.titaniummediasa.co.za/event-tickets/. Alternatively, contact Ahmed Seedat on 082 676 1994 / email@example.com / firstname.lastname@example.org