Project learning for business successors
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Generational change
Within the next few years, tens of thousands of family businesses in Germany will be looking for a successor, who is supposed to continue the business having sole responsibility.
Ways to family internal business succession
- first way: direct entry of the successor into the family business
- second way: indirect entry after working for a third-party company
- third way: preparatory function of the successor as an external consultant for the family business (ISPA mentoring concept)
The third way wants to make use of the advantages offered by the first and the second way and at the same time avoid their disadvantages. This is achieved by placing the successor temporarily in an independent consulting company and entrust him with the control over a consulting project related to the family business. During this process, the successor is supported by the experienced consulting team of ISPA consult.
The ISPA mentoring concept for business successors
- learning target: individual successor qualification through improved decision-making and responsibility (professional, social, methodological and inter-personal competence)
- learning method: supervised project learning with support and coaching from the consulting specialists of ISPA consult
- learning content: exemplary problem solving from the project planning to the reporting (final report, presentation of results)
German press releases
- Handelsblatt 29.10.2003: „Das Konzept..."
- Handelsblatt 10.12.2003: „Eine Akademie für künftige Unternehmer"
Contributions to the discussion
- lecture given by K.-F. Ackermann: "Der dritte Weg zur familieninternen Übernahme" (ISPA-Nachfolger-Akademie) - "The Third Way to Family Internal Succession" (ISPA Successor Academy) on 06.07.2004 at the IHK (Chambers of Industry and Commerce) event "Generationswechsel auf baden-württembergisch" - "Generational Change Baden-Württemberg Style" of the IHK Region Stuttgart
- other lectures regarding this topic
- participation in informative meetings and workshops of the Heilbronn business promotion association and other organisers in 2003 and 2004
Sample applications for the ISPA successor qualification
- project "Der Schmale Weg" (the narrow path), dealing with the value basis of a family business as a critical factor of success (lessons from the past for the future)
- project "Marktforschung und Neuproduktentwicklung in einem Familienbetrieb" (market research and the development of new products in a family business) using the example of tools for the carpentry
- project "Individual Successor Coaching"
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