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Strengthen the roots of your family business.

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Is your family business sustainable?

only

%

of family businesses make it to THE SECOND GENERATION

only

%

of family businesses make it to THE THIRD GENERATION

only

%

of family businesses make it to THE FOURTH GENERATION

We are here to help you BEAT the odds…

Let us spend more time in the woods!

What do our Next Gens need to maintain their interest in our family enterprises? How do we cultivate owners who are stewards as well as investors? Recently, our family council was deliberating this question regarding those in high school. We give them a family-director mentor for their high school years, but how do we maintain their interest during the annual business meetings? Someone suggested, “Ask them!” We did; they spoke. Actually, they formed a teen council and came up with their answer,

“Let us listen to the business updates for a while, but let us spend more time in the woods.”

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Keep your family connected to the business.

Develop educated owners and family leaders.

Assure succession of family employees, managers and directors.

Sustain the family legacy.

Celebrate your achievements and milestones.

Business planning has never been so much fun!

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Ownership & Management: Defining the Roles

Scenario: A Challenge to Legacy Paul Sr., a true entrepreneur, spotted a need in the marketplace for a well-made wicket. Little did he envision the wild success of his enterprise.  With this success Paul Sr. realized he could provide employment for his offspring and...
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Family Sparklers: Engaging the Next Generation

Picture yourself on the Fourth of July as a child “back when,” holding an unlit sparkler with great anticipation. Once lit, the sparks flew everywhere and all too quickly died out. That is, they died out... ...until you figured out that you could keep the sparks...
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Case for Family Governance

So what IS family governance?  First, governance, in general, is the steering mechanism of an organization. Its goal is to provide what I call a clear 3-D vision:  the three objectives on which governance should focus: Definition: Creating and encouraging a suitable...
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SERVICES

COMMUNICATION

We are here to help you analyze and strengthen your COMMUNICATION network.

DOCUMENTATION

Develop the various DOCUMENTS to guide the interactions between the family, the owners, and the business.

EDUCATION

We offer advice for developing a family EDUCATION program. We also provide hands-on workshops.

CELEBRATION

Let us support your business meetings with fun-filled family CELEBRATIONS, gatherings, employee and board interactions.

 

Look No Further. Get Started Today!

 

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Dr. Charlotte E. Lamp of Rockwood Consulting, LLC is a recognized Fellow of the Family Firm Institute, with the additional designation of ACFBA – Advanced Certificate in Family Business Advising. FFI Fellow status signifies that Dr. Lamp has completed an advanced program of study as part of the Family Firm Institute’s Global Education Network. The certificate is presented to individuals who have achieved comprehensive professional knowledge and gained significant expertise that can be used as value to family business owners and family wealth clients. This distinction further ensures that the highest standards in professional best practices will be implemented.  Read more about this achievement here.