Succession in Family Business

Presenter: Mark Spring, Family Business Association.

Succession is one of the greatest challenges associated with running a family business. Transitioning leadership is a complex strategic process, and early planning is key. Now is the time to start having the conversation. This workshop delves into what is involved in succession planning, why it is vital and the key elements involved. You’ll leave with an understanding of where you are on your succession journey and a plan for next steps.

Attendees will learn;

• How to build fundamental knowledge and capability in areas critical to long-term business sustainability and growth.
• Triggers for Succession
• Stages of Development within a Family Business
• Leadership/Management Succession
• Ownership Succession
• The Succession Process
• Key Challenges and How to Address These
• Supporting Both Generations
• Top Tips for Succession Success

So attendees can;

• Understand what Succession involves for families in business and why Succession Planning is vital for any size family business.
• Focus on Succession Planning as an essential focus for the family, the business they operate and for owners.
• Understand the elements to Succession in family business.
• Be able to assess where they are on their Succession journey and plan further step

Mark's Bio
Mark Spring is an experienced chair, director, and executive leader with deep expertise in family business succession, continuity and long-term stewardship. He has worked closely with owners across a range of privately held and family enterprises in New Zealand and Australia, helping them navigate generational transition, balance family priorities with business needs, and make decisions that support long-term success. Mark is currently Chair of Limelight, Earth Sea Sky, Flip Farm and Alexander Corporation and has previously held governance roles with businesses including Dataprint, Appliance Shed Ltd, and Motor Central Limited. His experience across sectors including retail, manufacturing, agriculture, tourism, and financial services gives him a practical and commercially grounded perspective on succession and sustainable transition. https://www.linkedin.com/in/markspring/

Cost Support

This training is registered with the Regional Business Partnership Network (RBPN) and participants may therefore qualify for support for this programme.
For more information, please contact Sandra Crone sandra.crone@neslontasman.nz prior to Thursday 6 August.

Eligibility criteria:

To attend/be eligible for co-funding the customer must meet the following eligibility criteria:

• Has less than 50 full time employees
• Have an NZBN
• Must be the business owner or person in a key management role, i.e senior managers, in the business.
• Must register on the RBP Platform and have a discovery meeting with the region’s Growth Advisor

 

Standard cancellation policy applies to paid events/workshops/courses (unless otherwise stated on event listing). Cancellations must be received 7 working days prior to the event. Cancellations after this time and ‘no shows’ on the day will be charged the full invoice amount. Substitutions are permitted if you can no longer attend.