Eighty-eight percent of all family businesses will fail by the third generation. Seventy percent will fail within the second generation. These startling statistics are true in spite of family businesses creating eighty-six percent of all new jobs in this country in the last decade.
What have you done to avoid becoming a statistic? What can you do? What should you do?
We can help answer these questions. Pathfinder Group is a family business consulting group that works to improve these odds while driving increased profitability. We take a risk mitigation approach by helping you manage risk in the three critical areas of culture, strategy and process.
Culture as a Competitive Advantage
Strategy Map: Finding the Path
As leaders our vision of a future must be clear and credible if we expect to gain the trust and commitment of those we depend on to grow our businesses. Between sixty-seven percent and ninety-seven percent of plans fail though. Why? Many family businesses don't even have a business growth strategy. That’s a real problem! Let us show you how strategic mapping can help achieve your vision.
Process Improvement As a Practice
Efficiency and effectiveness, why is the difference critical? Doing the wrong thing very well is still doing the wrong thing. For processes to be efficient in any meaningful way they must be effective. Our process improvement consultants can show you how a disciplined approach can get you there.
The Challenge of Leadership
We are exposed daily to examples of failed leadership and its very serious consequences. Leadership development is transformative and it matters; in the boardroom, in the executive office and in an organization’s pipeline where sustainable business excellence and success matter. Leadership is not about charisma. It is a set of learned skills that balance business knowledge with personal health to create professional and personal success.
Our consultations are always free. We will contact you within the next two business days.