Transmission process
Ensuring business continuity and harmony across generations
The transmission of a family business is a complex process that typically spans a decade. It encompasses human, strategic and financial aspects, as well as the preparation and empowerment of the next generation. Transmission must be carefully planned across three key components: executive transmission, strategic governance transmission and capital transmission, ensuring the right competencies are placed in the right roles.At Teleos, we assist families in anticipating and planning these steps effectively to guarantee smooth continuity for both the business and the family.
Transmission: a customized decision-making process
The question of business transmission often comes with emotional challenges tied to family attachment. At Teleos, we guide families through a deep discernment process during this critical transition to ensure the business’s longevity while preserving family unity. Whether you opt for intra-family or external transmission, we help you evaluate options and make informed decisions to ensure the business’s continuity while respecting family, strategic and financial dynamics.
We support you in:
Planning the family business transmission over several decades.
Establishing processes for identifying, selecting and training future family leaders.
Preparing future generations to become responsible owners.
Navigating emotional and family dynamics for a smooth transition.
Why anticipate and plan for transmission?
Proper planning and structuring of family business transmission are key to its success.
Effective transmission depends on all stakeholders (family members, leaders, employees, suppliers, and clients) understanding, validating and supporting the decisions and their implications.
This is why early planning is essential—to bring all stakeholders into alignment and ensure a shared conviction that the right people are in the right roles, fostering broad support for the process.
How does teleos support family business transmission?
We assist in designing the transmission process, establishing governance structures and guiding the family through the emotional and relational dimensions involved. We also coordinate with specialized advisors for technical aspects of the project, such as HR experts, business strategy consultants and M&A specialists.
This comprehensive approach ensures that each step is thoughtfully planned to achieve harmonious continuity across generations and sustain the family business’s longevity.
