Success Through Succession: Cohort II an interactive workshop

The Success Through Succession (STS) Programme is a three-year programme with total project funding of €1.74m and is a collaborative partnership between Dundalk Institute of Technology, Glasgow Caledonian University, being led by the University of Ulster and aims to strategically assist family owned SMEs across Northern Ireland, the Six Border Counties of Ireland and the West of Scotland to manage the challenges of succession using a series of interventions.
On 31^st January 2012 the STS Programme in Ireland hosted our regional Workshop 2 event for our Cohort II STS participant companies in the Glass House Hotel, Sligo. All twelve cohort II companies were able to attend the event with a total of 26 delegates from our companies and a generous mix of both senior and younger generation. The event was also attended by some our mentor panel with representation from each of the STS mentoring themes of finance, general business, tax and business psychology. This one-day event offered interactive sessions crossing themes of the family business context facilitated by Francis Martin of the BDO Family Business Centre, and preparation for succession, focusing on family and management components and finally developing the business facilitated by Cathy Booth of the BDO Family Business Centre. The event also included a keynote speaker and family business practitioner Barbara Hughes of Boozeberries.

 
Participant testimonials of the event include:

‘Very interesting.’

‘SWOT analysis very interesting. ‘

‘Thought provoking. ‘

‘Well conducted.

‘Hit the most relevant organisational issues.’

Participant testimonials on the most valuable part the event include:

‘Open discussions, processes.’

‘Group work plus feedback. ‘

‘Interaction with other family business owners… Speaking with other companies and highlighting the weaknesses.’

‘Excellent speakers, very informative.’

‘Preparation of an action plan to deal with handover. …Preparing for succession. ‘

For further information visit:

www.successthroughsuccession.com where the STS Workbook and other pertinent information can be accessed by both the participant companies and other family owned businesses.

And/or contact Aidan Browne, STS Project Manager for Ireland on +353 (0)42 9327455