The Quiet Crisis Forum
Special Event/Forum on Succession Implementation, Business Exit/Sale & Technological Disruption
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Beyond the transfer of shares and assets, beyond the spreadsheets, succession plans and tax forms, lies the actual implementation of a difficult human transition. Even with the best plans in hand, we’ve seen families torn apart, businesses go under or implode, and long, frustrating battles that go nowhere and hurt everyone’s bottom line at all levels.
This is a special educational forum we are bringing to select firms across Canada, addressing the underlying human issues that are dragging out these transitions and stagnating our collective attempts to help steer these transitions into calmer waters (and peaceful shores). |
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If you are an accountant, lawyer, business consultant, commercial banker, business analyst, in the areas of wealth management, M&A, business sales, succession planning, family business, or economic/regional development, please contact us to discuss bringing this unique and yes, somewhat urgently needed, program to your team or community.
About the Forum
You know the problem - there is a generational transition coming down on us like a tsunami. Not only are half of all jobs in Canada predicted to be disrupted by technology and automation in the coming decade, but over 40% of business owners intend to sell or exit their business in the next five years.
Institutions across Canada, including federal and provincial governments, banks and universities, are gearing up with skills training initiatives, and programs to help the up-and-coming generation transition into this new economy.
But what about the backbone of the Canadian economy? The small and medium-sized enterprises (SMEs) that make up 99% of the Canadian economy, and the bulk of your business clients.
In this era of radical change, how are these baby-boomer owned businesses going to cope? Will they be able to adapt and ultimately maximize the value of their business at sale time?
Do they have the capacity to execute the well-thought-out plans that you have painstakingly developed with them? Are they ready, at both the operational and psychological levels, to exit their business and/or sell at top dollar?
… or are business owners caught up in their own day-to-day struggles, clinging to the past, and ill equipped for the journey into the technology-focused, automated, blockchain enabled, future?
As an expert in this area, do you know how to help your clients when they are overworked, stressed out, and not actually moving on your recommendations (giving you excuses and rationalizing why they aren’t getting it done).
Wealth managers and business advisory teams need to know how to respond (and have something solid to offer) when their 'best laid plans' go sideways due to their clients experiencing issues that a tax analysis or succession plan is not going to fix. (Issues like family in-fighting, hidden agendas, financial secrets or mismanagement - things they are often reluctant to talk about.)
That may be your biggest risk - not only do your clients not know what’s coming - most just aren’t ready for it - either because of operational inefficiencies or because of emotional resistance or hidden emotional realities they are either hiding from you or aren’t even aware of themselves.
In this special presentation, we explore solutions, discuss ideas, and see if we can design a bold new direction for helping your customers adapt to the world of change that is coming their way.
Topics
Institutions across Canada, including federal and provincial governments, banks and universities, are gearing up with skills training initiatives, and programs to help the up-and-coming generation transition into this new economy.
But what about the backbone of the Canadian economy? The small and medium-sized enterprises (SMEs) that make up 99% of the Canadian economy, and the bulk of your business clients.
In this era of radical change, how are these baby-boomer owned businesses going to cope? Will they be able to adapt and ultimately maximize the value of their business at sale time?
Do they have the capacity to execute the well-thought-out plans that you have painstakingly developed with them? Are they ready, at both the operational and psychological levels, to exit their business and/or sell at top dollar?
… or are business owners caught up in their own day-to-day struggles, clinging to the past, and ill equipped for the journey into the technology-focused, automated, blockchain enabled, future?
As an expert in this area, do you know how to help your clients when they are overworked, stressed out, and not actually moving on your recommendations (giving you excuses and rationalizing why they aren’t getting it done).
Wealth managers and business advisory teams need to know how to respond (and have something solid to offer) when their 'best laid plans' go sideways due to their clients experiencing issues that a tax analysis or succession plan is not going to fix. (Issues like family in-fighting, hidden agendas, financial secrets or mismanagement - things they are often reluctant to talk about.)
That may be your biggest risk - not only do your clients not know what’s coming - most just aren’t ready for it - either because of operational inefficiencies or because of emotional resistance or hidden emotional realities they are either hiding from you or aren’t even aware of themselves.
In this special presentation, we explore solutions, discuss ideas, and see if we can design a bold new direction for helping your customers adapt to the world of change that is coming their way.
Topics
- Is there a way to help clients get their businesses “sale ready” or create realistic succession plans, while also addressing everyday operational inefficiencies, workplace stress and communication breakdowns?
- How do you identify both people problems and system gaps in a business that may be preventing a profitable sale or smooth transition?
- How can your organization become a real leader in getting these businesses 'unstuck' and ready to transition into the new economy or to a successful sale/exit?
- What does a ‘blockchain-enabled’ future look like for Canadian businesses, and are your clients ready for it?
Presenters
This forum is presented and facilitated by Hume Chalk business transitions experts - a top-notch team of seasoned professionals.
Research/Background Information
Want to do a little reading ahead of time and come ready to dive right into to these questions? Excellent! Here are a few references, some background information and a preview of our discussion points and presentation.
- “Humans Wanted: How Canadian Youth can Thrive in the Age of Disruption”
Published by RBC Office of the CEO • March 2018 - “The Quiet Crisis - Are we Missing Half the Solution?”
Published by Dr. David Chalk, Hume Chalk • May 2018
- Business Development Bank of Canada Study on Business Transitions
Published by BDC • Sept 2017
- “You’re Not Blockchain Ready if You’re Not People Ready … and the Stakes are Higher than Ever”
Published by Tana Plewes, Hume Chalk • June 2018 - “The Quiet Crisis Forum Video Preview”
Published by Hume Chalk, Sept 2018
