Family Businesses - Succession
What we do
Organizational Development and Strategic HR Consulting
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Strategic HR
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Controlling
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Head of Succession
Succesion Planing
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Succession plan
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Family constitution
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Trust management
Mediation and Conflict Resulotion
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Conflict resolution
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Competence development
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Family roles in business
Organizational development and strategic HR consulting are vital for family businesses, especially when navigating the complexities of succession. Our consulting services are tailored to meet the unique needs of family-owned businesses, addressing both the transition of leadership and the alignment of family and business interests.
Internal or external successors
Succession is about more than just passing leadership—it’s about ensuring the continuity of legacy, values, and business sustainability. We work closely with current leaders and prospective successors, whether they come from within the family or are external candidates. For internal candidates, we help assess leadership readiness and develop tailored growth plans to support a smooth transition. In cases where the business looks outside the family for a new leader, we provide specialized support to ensure cultural alignment and trust-building between the incoming leader and the family.
Our strategic HR consulting services cover essential elements like
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role clarity,
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governance systems, and the
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formalization of family members’ roles in the business.
We foster
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transparent communication,
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mediate potential conflicts, and
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establish policies
that support a cohesive family-business relationship.
For external leaders, we focus on onboarding strategies that respect family values while integrating fresh perspectives that benefit the business’s future.
Clear roadmap
With our support, family businesses in succession gain a clear, customized roadmap for navigating change, balancing family dynamics, and reinforcing unity—whether the next leader comes from within the family or outside. Our goal is to help family businesses maintain resilience and continuity, securing their legacy for future generations.
We understand the sensitivity of family transitions and offer expertise that respects both the personal and professional aspects, ensuring that succession is smooth and successful.
Family businesses are a driving force behind economic growth in Hungary, employing 70% of the workforce and contributing nearly 50% of the GDP. Their importance to the economy remains strong, but many of these businesses are now facing a critical challenge: the first generational transition, as the founders who started these companies after the regime change prepare to step down.
Unfortunately, Hungary lacks examples and experience in navigating this shift. And the statistics from Western Europe aren’t exactly reassuring—only about 30% of family businesses survive the first generational transition. In Hungary, this could have a significant economic impact due to the simultaneous nature of these transitions.
Managing a family business is uniquely challenging. Not only do you have to run the business, but you also have to manage family dynamics. Unlike other types of organizations with clear structures and roles, family businesses often lack formal guidelines and boundaries. This can make it difficult to align everyone’s vision and communicate it effectively to the business management team. As the family grows, reaching that alignment becomes even harder without the right structures in place.
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With the support of our experienced team, you can navigate this process smoothly and avoid potential crises. At the end of the day, the key factor in success or failure is people.
While the economic environment may be out of your control, the human element is what truly makes the difference.
But it doesn’t have to be this way!
Be part of the 30% that thrive through this transition!
Why choose us now?
The experience of our colleagues, approached from different fields, supports the transformation and development of family businesses. Legal, HR, Change Management and Conflict Management are our specialities.
Nearly 100 Years of Industry Experience
Tailored service
We know that every business is different, so we tailor our services to meet the needs of our clients and help them run their businesses efficiently and successfully.
Personal approach
My colleagues and I all grew up and socialised in family businesses. We know and feel the needs of these businesses. In our work, we breathe with our clients. We believe this personal approach is essential for success.