Almost 80 percent of businesses in the Philippines are listed as family enterprises. However, a study conducted by The Heritage Institute, USA revealed that only 10 percent of family businesses went beyond the third generation.
It is with the aim of addressing the challenges confronting family businesses that the Premier Family Business Consulting Inc. (PFBC), the only family business consulting firm in Southeast Asia, organized the annual Family Enterprise Excellence Conference (FEEC).
The 2015 Family Enterprise Excellence Conference will be held at the Radisson Blu Hotel in Cebu City later this year on October 26. The one day event will be a gathering of family businesses, practitioners, and stakeholders for learning and sharing experiences and best practices as well as for connecting and networking.
“Strengthening Filipino family businesses is vital in the time of ASEAN integration. Given their dominant presence in the economy, helping family enterprises will surely help keep the country competitive regionally and globally,” said PBFC Founder Jonathan Ramos.
“Family business is everybody’s business,” added Ramos who said that the upcoming conference is not only about family enterprises but also all social institutions from schools, the church, civic organizations, and grassroots communities.
He said that the fate of Filipino family businesses has serious implications for the macro-economic fundamentals of the country, saying this is tied to local employment conditions, the supply and demand chain, and other aspects of the economy.
“Business longevity and succession, family dynamics management, and family wealth preservation are the central issues that typically affect family enterprises. These matters, if not managed well, can divide the family and result to expensive court battles and even business closure,” said Ramos.
The conference main speaker Dr. Dennis Jaffe is an international expert, organizational consultant, and clinical psychologist who is considered as one of the architects of family enterprise consulting as a field.
Apart from his business and research involvements, Jaffe has taught at Hult University in Dubai and is on the Advisory Board of the Chinese University of Hong Kong and Stetson University. He has also served on the Boards of the World Business Academy and Saybrook University.
The conference theme “United, we unite families in business” builds on the conference topics of previous FEECs. The first focused on financial and emotional wealth as family heritages that can be passed on while the second FEEC tackled the need for turning inheritance into legacy.
As a consulting firm, the PFBC is composed of a multidisciplinary team of professionals with complementing expertise that cover the different angles of family and business: accountants, lawyers, financial consultants, human resource experts, and family dynamics facilitators.
PFBC offers a Family Enterprise Planning service, a seminar-workshop for budding family businesses which will help cement family relationships and shared core ideas as well as plan for the future as the foundations of a sustainable family enterprise.
The consulting firm also offers a Family Business Organization Systems Effectiveness workshop as a strategic effort to ensure that the organizational capability of the family enterprise can keep up with its mission-vision, objectives, and plans.
It is with the aim of addressing the challenges confronting family businesses that the Premier Family Business Consulting Inc. (PFBC), the only family business consulting firm in Southeast Asia, organized the annual Family Enterprise Excellence Conference (FEEC).
The 2015 Family Enterprise Excellence Conference will be held at the Radisson Blu Hotel in Cebu City later this year on October 26. The one day event will be a gathering of family businesses, practitioners, and stakeholders for learning and sharing experiences and best practices as well as for connecting and networking.
“Strengthening Filipino family businesses is vital in the time of ASEAN integration. Given their dominant presence in the economy, helping family enterprises will surely help keep the country competitive regionally and globally,” said PBFC Founder Jonathan Ramos.
“Family business is everybody’s business,” added Ramos who said that the upcoming conference is not only about family enterprises but also all social institutions from schools, the church, civic organizations, and grassroots communities.
He said that the fate of Filipino family businesses has serious implications for the macro-economic fundamentals of the country, saying this is tied to local employment conditions, the supply and demand chain, and other aspects of the economy.
“Business longevity and succession, family dynamics management, and family wealth preservation are the central issues that typically affect family enterprises. These matters, if not managed well, can divide the family and result to expensive court battles and even business closure,” said Ramos.
The conference main speaker Dr. Dennis Jaffe is an international expert, organizational consultant, and clinical psychologist who is considered as one of the architects of family enterprise consulting as a field.
Apart from his business and research involvements, Jaffe has taught at Hult University in Dubai and is on the Advisory Board of the Chinese University of Hong Kong and Stetson University. He has also served on the Boards of the World Business Academy and Saybrook University.
The conference theme “United, we unite families in business” builds on the conference topics of previous FEECs. The first focused on financial and emotional wealth as family heritages that can be passed on while the second FEEC tackled the need for turning inheritance into legacy.
As a consulting firm, the PFBC is composed of a multidisciplinary team of professionals with complementing expertise that cover the different angles of family and business: accountants, lawyers, financial consultants, human resource experts, and family dynamics facilitators.
PFBC offers a Family Enterprise Planning service, a seminar-workshop for budding family businesses which will help cement family relationships and shared core ideas as well as plan for the future as the foundations of a sustainable family enterprise.
The consulting firm also offers a Family Business Organization Systems Effectiveness workshop as a strategic effort to ensure that the organizational capability of the family enterprise can keep up with its mission-vision, objectives, and plans.
For advanced registration and inquiries, call (032)266-2831, (032)263-3401, (032)401-2939 or visit the website www.premierfamilybusiness.com.