There is no magic wand to these problems, however, if top people from these groups attend one of our proprietary GEGN Business Group initiation programs, it will allow them to go through a structured evaluation process for their group and learn the best way forward. The situation may vary from group to group but many times, more formal ways of managing the privately controlled business may be needed. Formal succession programmes may need to be implemented. The way the Board of Director functions may need to change. The Board should be the lifeblood of the group and should be able to exert direction. Performance management of both owners, directors and managers of the business needs to become more genuinely practiced.
In view of this, participants are guided by world leading experts in the field who will take them through the process and transfer knowledge of best practice in this area.
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