Family Business Coaching Process

FRANKIEKNOWLEDGE FAMILY BUSINESS COACHING PROCESS

To significantly strengthen the impact of the consulting process, highly customized Family Business and Succession Planning coaching sessions are designed, developed and implemented. An overview of the 5 key coaching steps are described below – 

(1) Establish the structured knowledge and critical skills that need to be acquired and developed by the Business Owner, Business Successor and selected individual

(2) Confirm the coaching objective and coaching duration, design the coaching agenda or outline and select the appropriate coaching techniques

(3) Develop the required customized coaching materials, including – 1| specific guidelines or operating rules, 2| standard operating steps or procedures, 3| practical tools like forms and formats etc and 4| related implementation materials. These customized coaching materials are employed to effectively support the facilitation of the coaching sessions

(4) Conduct the modular one-to-one or one-to-small group coaching session as planned. The key focus of the coaching session is to systematically transfer the structured knowledge and critical skills to the Business Owner, Business Successor and selected individual so that they can sustain the desired “Practices and Systems” [refer to step 5 and step 6 of the Family Business Consulting Process above] for generations to come. The fundamental Coaching Philosophy of FrankieKnowledge is – to coach the individual on how to “Fish” and not to “Fish” for the individual. In other words, to coach the Business Owner and Business Successor to build a Sustainable Family Business Legacy

(5) To assess the Effectiveness of the Customized Family Business and Succession Planning coaching sessions, a highly structured Coaching Evaluation System is used

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