Family Business Retreat
Family Business Retreat
Strengthen
Family Communications
“Organizing a family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business,” according to top family business expert Don Schwerzler
“The retreat can involve all the family members who work in the family business, those family members not active in the business and the spouses of the family members – even young adults.”
Schwerzler, who has been studying and advising family business entrepreneurs for more than 40 years, is the founder of the Family Business Institute, headquartered in Atlanta GA.
More Effective Retreat? Use a Facilitator!
Many family businesses elect to retain the services of a facilitator trained in family business dynamics to ensure the optimum results for the retreat. Using a family business expert as a facilitator can help identify the issues that need to be addressed while ensuring that a non-confrontational atmosphere is maintained.
Conduct your retreat offsite
A family retreat is generally conducted off-site because it is almost impossible to maintain the attention and the focus on critical issues and objectives in the conference room during normal business hours.
Benefits of a family business retreat
The retreat helps to integrate and connect the personal and professional goals of each family member to the family’s strategic vision for the business. The retreat helps to strengthen family ties by building trust and creating clarity of vision for both the family and the business. They help to establish balance between business responsibilities and family obligations. They provide the best environment for family members to share their dreams and expectations about the legacy of the family business.
There’s lots to discuss!
The discussion topics during a family business retreat can include a wide range of issues such as compensation, individual roles in the business, succession management, retirement planning, financial performance of the business, strategic objectives for the business, how family values and culture influence the family business, corporate governance, business policies and to communicate the strategic goals and objectives of the family to the executive management team of the business.
Process – not an event
It is important to note that the retreat is not an event – it is the beginning of a process that will enable the family business to grow and prosper and to help ensure that family members maintain and develop healthy relationships.
Operational Analysis
Conducting an operational analysis of the family businesss, prior to a family business retreat, provides insights to the business differently than the financial analysis. We encourage family members and their spouses to be involved in the retreat. Information from the “operational analysis” enables everyone to better understand the workings of the family’s business without discussing confidential financial information.
Change Management
Crucial to the success of a family business is the ability for the business to adapt to change – and to do it quickly. Working on “change management” and understanding the dynamics of change on the family business should be on the agenda of every family business retreat!
Organizational Alignment
As family businesses grow, key family executives may become less involved in the day to day running of the business. To ensure the managers and the allocation of resources are aligned with the goals and objectives of the family business owner(s), we recommend that an organizational assessment be part of the family business retreat. The best online assessment tool, one that is inexpensive and easy to use is ODS-OL.
Family Business Innovation
Succession management is all about a family business making a successful transition from one generation to the next. Succession time is a perfect time to include transformational changes in the family business as part of the family business retreat. Learn about the 10 critical mind-set changes that should be addressed as part of a “family business innovation program”.
Celebrate and Reflect
The retreat is a great time to celebrate the success of the family business and to reflect on the sacrifices made by the family members who founded the business and the legacy they aspired to pass down to future generations.
Source: http://www.family-business-experts.com/family-business-retreat.html
Clark Wine Center was built in 2003 by Hong Kong-based Yats International Leisure Philippines to become the largest wine shop in Philippines supplying Asia’s wine lovers with fine vintage wines at attractive prices. Today, this wine shop in Clark Philippines offers over 2000 selections of fine wines from all major wine regions in the world. As a leading wine supplier in Philippines, Pampanga’s Clark Wine Center offers an incomparable breadth of vintages, wines from back vintages spanning over 50 years. Clark Wine Center is located in Pampanga Clark Freeport Zone adjacent to Angeles City, just 25 minutes from Subic and 45 minutes from Manila.
Wines from Burgundy, Bordeaux, Rhone, Loire, Spain, Portugal, Germany, Austria, Alsace, USA, Australia, New Zealand, Italy, South Africa, Chile and Argentina etc. are well represented in this Clark Wine Shop.
This is one of the frequently visited places for wine lovers from Manila and Angeles City to buy international wines in Pampanga.
http://www.ClarkWineCenter.com
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay
Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.yatsleisure.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
http://www.YatsWineCellars.com
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