MPS Family Governance – successful multi-generational family business management

The owner strategy summarizes the answer to the question "why and in what way do we own?".  Family ownership does not usually aim solely on economic benefits, so much as taking responsibility of maintaining the inherited company and transferring it from generation to generation.

MPS Family Governance Advisory supports family businesses in owner strategy related matters and facilitates professionally in necessary procedures.

Family businesses are also supported in board and succession planning related matters. We support our clients in finding talent and managing, so that the right people can be found in the right place at the right time. The support of MPS ensures a successful generational change.

The main priority of family businesses is to maintain and increase assets and values for the next generation. Owners must act according to the strategies, creating sustainable board structures, while maintaining and developing their competitive position and brand as a compelling employer. The tailor-made audit of the Board and Management examines, for example, the participants' views on the strategy, goals and values. Audit also takes into account the company's cultural affairs.

Family businesses are naturally diverse, combining family, business, and ownership into one entity. For this reason, it is important for the key people to share a common view of the family, sharing responsibility, maintaining control, and dealing with power and money.

Corporate & Family Governance supports family businesses in strategic issues regarding governance and it facilitates professionally in necessary procedures. Together with the customer we design customized instructions, structures and processes to ensure a successful growth for the family business.

Business Coaching is an individual leadership development process, which is suitable for family business owners who are growing into new roles. Coaching concentrates on the unique situation and challenges of an individual, which in this case can be a family business owner who is growing into the role of a CEO. The individual builds their own abilities and skills to achieve short and long term goals with the help of a sparring coach.

Through the various training and mentoring programs, MPS Family Governance provides its broad knowledge of different business areas and markets. Training and mentoring programs support the owners' ideas of their role in the company as well as in the family. They get sparring from more experienced people who have undergone similar processes.