Wazzup Pilipinas!
“Creating the right climate for succession in family businesses is the most important thing a family should do,” said Dr. Dennis Jaffe who is set to speak in the 3rd Family Enterprise Excellence Conference (FEEC) on October 26 at the Radisson Blu Hotel in Cebu City.
Jaffe said the conference is going to bring families together to consider how they are creating the next generation in their respective business. “What are they doing together and what is it they can do to create and build a creative, energized, inspired and entrepreneurial next generation?”
“This is something that families want and the challenge is that many times they want it but they don’t actually know what to do and how to do it,” said Jaffe.
Jaffe is a renowned international family business consultant with longstanding engagements with clients in Asia including the Philippines. He is also one of the founders of Family Firm Institute, a global network of thought-leaders in the field of family enterprise.
The event will also be graced by Francis Kong, renowned inspirational speaker and serial entrepreneur with extensive work experience in manufacturing and retail. Kong is also with the Inspire Leadership Consultancy which is one of the main sponsors of FEEC.
The conference is organized by Premier Family Business Consulting Inc. (PFBC), the only family business consulting firm in Southeast Asia providing holistic services that integrates the family and business system and champions family unity as a core value.
According to PFBC Founder Jon Ramos, succession is just one of the problems facing family businesses. Challenges such as business longevity, family dynamics, and preserving family wealth hound families in business, he said.
In the Philippines, 70 percent of the top twenty companies are owned or acquired by families. Meanwhile, 90 percent of businesses worldwide are owned by families.
Ramos underscored the importance of family businesses, saying their survival has serious implications in terms of local employment and the economy as a whole.
For advanced registration and inquiries, call (032)266-2831, (032)263-3401, (032)401-2939 or visit the website www.premierfamilybusiness.com.