Succession & emergency strategy
Settling the succession is one of the central challenges for owners, managing directors and shareholders. It concerns not only the future of the company but often the family and a life's work as well.
Settling the succession is one of the central challenges for owners, managing directors and shareholders. It concerns not only the future of the company but often the family and a life's work as well.
Anyone looking to successfully shape the handover of their life's work must integrate succession, contingency, and emergency management into the governance of both the company and the family at an early stage.
For family businesses and entrepreneurial families, age-related succession is one of the most important tasks. A successful handover requires sufficient time. Time to develop a structured plan. Time to carefully consider and address the diverse economic, legal, and personal questions of everyone involved.
Business succession is far more than just handing over responsibility. It is an essential component of sustainable and responsible corporate management.
Business succession accounts for unplanned transitions and the temporary absence of an owner or managing partner. Professional contingency and emergency management provide security for the company, shareholders, employees, and families in such events. Management, the general meeting, and other bodies, such as advisory or supervisory boards, must remain capable of acting even in unexpected situations.
Everything is succession – right from the start.
There is no standard route for business succession. Whether within the family, with external management or through new owners coming in, what counts is a solution that fits the company, the ownership structure and the plans for the future. Creating clarity early lays the foundation for an orderly handover and for the company to continue over the long term.
A successful business succession needs both: a company that is ready to be handed over and a successor who is well prepared. Clear structures, financial stability and transparent responsibilities provide the basis for an orderly transition. At the same time the next generation needs leadership skills, entrepreneurial thinking and an understanding of the company's values. We create the conditions on both sides, so that the handover turns into a viable future.
Many owners assume that in an emergency their family or spouse can automatically take decisions. That is not the case. Only a legally sound power of attorney for the owner and for personal provision makes sure that others can act in your interest. Together we put clear arrangements in place, take the burden off your family in difficult situations and, through our network of experts, ensure that everything is implemented in a legally sound way.
An emergency folder on its own is not enough. Effective emergency management defines who acts if the worst happens, which decisions have to be taken and which information is needed for them. Especially when key people such as the owner are unavailable, it creates clear responsibilities and keeps the company able to act. Your company then stays able to decide and to act even in exceptional situations.
Der Notfallordner ist das Symbol für das Notfallmanagement – doch dieser reicht bei weitem nicht aus. Ein wirksames Notfallmanagement antizipiert potenzielle Notfälle. Darauf aufbauend gestalten wir Regelungen, wer im Ernstfall handelt, welche Entscheidungen getroffen werden müssen und welche Informationen dafür verfügbar sein müssen. Bei dem schwerwiegenden Ausfall von Schlüsselpersonen wie der Unternehmerin oder dem Unternehmer schafft es klare Verantwortlichkeiten und sichert die Handlungsfähigkeit des Unternehmens. So bleibt Ihr Unternehmen auch in Ausnahmesituationen entscheidungs- und handlungsfähig.
Get in touch! After a personal consultation, you will know exactly what THE MAK'ED TEAM can do for your company.