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| Home > Events & Services > SBF Events |
| SBF Events |
| SBF - BDO Family Business Advisory Workshop
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| Date |
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10 Feb 2012, Fri |
| Time |
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9.00am - 5.00pm |
| Venue |
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SBF Seminar Room 1
(22nd Level, Keppel Towers)
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| Fee per pax |
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SBF Members - S$480 Nett
Non-Members - S$530 Nett
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FAMILY BUSINESS
Every family business is exceptional, shaped by its own set of distinctive personalities, objectives, and relationships. Many people in the wider business community are unaware that owners and managers of family businesses face many unique challenges.
Singapore Business Federation (SBF) and BDO understand and realize that family businesses are important drivers of the Singapore economy, especially amongst the Small, Medium Enterprises (SMEs). A key concern faced by family businesses is the sustainability and the fine balance between maintaining the family ties and the business growth. Hence, we have put together a series of workshops to assist the family businesses.
SUITABLE FOR
Business Leaders – C-suite executives, Head of Business/divisions, Board Members
ABOUT BDO
Established in 1972 and a member firm of BDO International since 1979, BDO LLP offers a range of services including audit, corporate finance, business restructuring, tax advisory, management consulting and risk advisory. BDO LLP is a diversified practice with clients from most fields of business in Singapore and include subsidiaries of multi-national corporations, public and private companies operating in industries as diverse as hoteliers, property developers, electronics manufacturing, marine, transportation, solicitors and publishers. Some of the clients are well known, while many are medium sized emerging businesses.
ABOUT THE TRAINER
Roger Loo
Director - Marketing & Strategic Advisory
- Practicing Management Consultant (PMC)
- Accredited Family Business Advisor (FBA)
Roger Loo is the Director of the Marketing & Strategic Advisory from BDO Consultants Pte Ltd. With over ten years of experience in the business intelligence and consultancy industries, he has a proven track record in areas that include market intelligence and research, feasibility studies, strategy consulting, internationalization and family business advisory. His global expertise include market developments and penetrations in matured markets such as Australia, China, United Kingdom and United States; product development and market entry strategies into emerging markets such as Greater China, Brazil, Morocco, Vietnam and India.
Prior to joining BDO, Roger has served as the Associate Director, Greater China for The Asian Banker – specializing in banking and financial business intelligence and research for the banking communities in the North Asia Region. Roger spearheads offices in Shanghai and Beijing, while managing regional contacts to Hong Kong and Taiwan. Roger was leading custom research projects for Chinese private bankers as well as family businesses in the areas of succession planning; family constitutions, and family council etc. Roger was instrumental in advising and educating the concept on the critical linkages between family, business and ownerships.
WORKSHOP CONTENT
| S.No |
Programme |
| 1 |
Overview of the Family Business
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| 2 |
Why is Family Business Special?
Family Business structure is characterized by complexity: a family system, a business system and an ownership system. Understanding the interaction of each system is crucial, to better understand the family dynamics.
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| 3 |
Family Business People – Founders, women in family business,husband & wife terms, in-laws, multifamily ownership
Each family member has his or her own set of attitudes, opinions, objectives and problems, hence it is of paramount importance to understand how a family business operates, as well as the awareness of the background and unique perspective of each major family participants.
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| 4 |
Family Business Systems & Growing Complexity
- A balanced approach: an effective approach to deal with conflicts arises from an overlap of family system and business system.
- Family business life cycle stages: stages that reflect ageing and expansion of the owning family: owner-managed business > siblings partnership > cousin consortium
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| 5 |
The Next Generation: Leadership & Human Resource Management
- Working in the family business: learn how next gen family members should work with senior generation
- Mentorship: Because of the dynamics of parent-child relationships, knowledge can hardly flow efficiently in a straight line from parent to the child, learn how to overcome this.
- Sibling rivalry: it is normal and bound to happen; however do remember, business is the paramount!
- Relationship with senior generation: problems and conflicts that arise in relationship between senior generation and the Next Gen.
- Importance of prior experience: Learn the golden rule to note for Next Gen before joining the family business
- Recruitment, training and development: Should recruitment be based on competency, suitability for a job or family status?
- Remuneration & performance: how to reward family members based on business principles
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| 6 |
Getting Help!
Know how to maximise the external resources to address and to solve problems affecting family business:
Non family managers
Introducing external executives
Professional Advisers and Consultants
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| 7 |
Family Business Case Study
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| 8 |
Diagnostic Session
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Administrative Details
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- Please SEND cheque (made payable to “SBF”) with the completed form to the address above.
- Confirmation of registration will be emailed to you upon receipt of full payment.
- No refund will be made for cancellation or non-attendance but attendance by a replacement is allowed.
In the event of cancellation or non-attendance, full fees will be levied.
- For more information, please call 68276893
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Ref No: ENTP 018/100212/12W
Fax: 6734 0610 / 6827 6801
Closing date: 7 February (Tuesday)
NOTE : As a precautionary measure, our advice is for members who are unwell not to attend the session.
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Registration
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