3_200х166“Why business people join the Association of Family Companies Owners”

The brochure subtitled “Why business people join the Association of Family Companies Owners” was conceived six months ago. But it took time and a lot of discussion to succinctly and clearly spell out what the FBN-Ukraine Association is and what we are actually doing in it.

Producing the brochure we had to articulate some things that seem to be clear as they are. There are the mission of the association, the main reason for joining FBN, the main differences between family and non-family businesses among them. Looking back at four years of development of the Ukrainian Association, we were able to recall the best speakers and vibrant hosts, the first results of development projects NextGen and JuniorGen, to experience once again the funny episodes of joint amusement.

Now we have a tool for communication with interested members of the family business, who reflect the entry into FBN. All participants of the Event in Lvov received the brochure, and all wishing to take some additional copies from the Directorate were able to do so.

“FBN is the only organization in the world, which is different from all others by two things. It includes only the owners and their family members. And here the theme of continuity and relationship between generations is welcome. Every year in Ukraine businesses that cost hundreds of million dollars are inherited. We have an opportunity to prepare for this in advance and to make the overhand as efficient as possible. If you want to contribute to the development of family businesses in Ukraine and implement the right preparation and a smooth transition of your business to the heirs – welcome aboard. We keep company, socialize, spend time together and enjoy our life developing our companies, teaching the successors and increasing our capitals! “, according to the president of FBN-Ukraine Vladislav Burda.

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3_200х166Welcome to the Land of Entrepreneurs!

In the preface to the book written by the Association President, he writes: “…Julie’s approach touched me deeply. She explains that entrepreneurial business is the quality living in all of us. And it is entirely in our power to decide whether to use it or not …In order to make up your mind and to make the only right decision on joining the Land of Entrepreneurs, you can use a very simple technique – just read its manifesto. If you agree, then you are very easy to become a citizen of this country”. Julie Meyer is the President and CEO of Ariadne Capital, a British company that offers an alternative model of financing entrepreneurial endeavors (“Entrepreneurs support entrepreneurs”). The company Ernst & Young has named Julie Meyer “The Entrepreneur of the Year”; she enters the list of 30 most influential women in Europe.

Irina Bondarenko was the project manager on translation and preparation of the book for publication.

 

 
 


3_200х166“Preparation of a successor to the family business management”

Craig Aronoff, John Ward

The fact that the issue of training of future managers is critical for the long-term success of the company is seemingly obvious to everybody. But, as practice shows, it is far from being a priority for the majority of family businesses owners. And in the end, it turns out that the company is not ready to overcome both the current problems and all the more so future challenges. The program of the successors training offered in this book will help a family company to maximize the potential realization of its leaders’ next generation. It presents the main stages in the process of the future  head of the company formation; it describes the key points that must be provided in terms of his personal development, and the role of outside experts in his coaching. Also, the book analyzes the problems, which current leaders and their heirs often face at different stages of this process.

The book will be of interest to owners and managers of family companies, students of management disciplines, all those who are interested in the issues of the family firm management.

 

 
 


3_200х166“Family Business Succession: the Final Test for Greatness”

Craig Aronoff, Steve McClure, John Ward

Apart from the fact that John Ward is a world-known guru in the matters of family business and the author of many books on management and ownership of family companies, he is, above all, a remarkable person, a wonderful teacher and a cheerful companion.

I met John in 2003 in Lausanne at the 6-day course “Managing the family-owned company.” Then I did not even know how much I would be interested in this topic. But the talent of John Ward drew me to that area for a long time. I did another three courses each time discovering always new facets of his talent.

Being the son of a priest, John certainly inherited from the father his talent as a speaker. But in a science called “family business”, John  is a revolutionary. Having set about the researches in that field in the early ‘90s, he created the edifice from odd random facts. Three basic circles of a family business represent its cornerstones, namely Family, Management and Ownership. For each of them. he created a managerial system that keeps the entire system of family business in balance and harmony. This are: Family Council for the Family, Committee of Directors for Management and Regular Meeting of Owners for Ownership.

John has written several books on each of these points. The book you hold in your hands is unique in its way. There is no greater challenge for the owner, all the more so for the founder of the family business, than upbringing of a competent successor. And there is no more difficult mission for the heir, than to outperform the parents in the family business.

I am sure that you will find a fascinating journey into the family business world. This book will add another line to your knowledge about the basics of this remarkable form of ownership, to carry which through the ages is the dream of any entrepreneur that considers his business as a child, and appertains to his children as to the most important investment.

President of the Association
of Family Companies’ Owners  in Ukraine
Burda V.B.

 

 
 


3_200х166“Genetic code of a person”

Orenia Yanai

The theme of the book by Oren Yanai, a psychologist who has won her wide recognition in the world as a specialist in the sphere of determining the true vocation of a person, is to interest everybody without exaggeration. After all, the issue of finding one‘s mission in life is relevant to each person, and one who was able to find the answer, is really happy.

This book describes the complex and fascinating journeys through life undertook by absolutely dissimilar people – of different ages, social status and occupation, whom Orenia helps to open up and find their true path. She meticulously researches the genetic professional code of her conversation partner and helps him build the road to the future piece by piece.

Undoubtedly, the book will interest the owners of family businesses as well. In Ukraine, the issue of the family business is more than relevant.