Riedman Companies’ Post

As corporate boards contend with today’s top business trends, what questions can they answer to ensure they are prepared for the upcoming year? https://lnkd.in/eQikVNuC

Did you know that 63% of Canadian companies are family-owned? 🤯 Family businesses face unique challenges and opportunities 🏘. At our recent AIMS International #AGM, Annika Hall, Senior Advisor for Family Business Consulting, shared invaluable insights on matters like family roles, organizational protocols, succession, and more. How do you address the unique challenges of managing a #FamilyBusiness? This month, we'll explore these challenges and how our #FamilyAdvisory services can help your #business thrive 📈. #FamilyBusinessConsulting #AdvisoryServices #FamilyBusinessSupport #NorthLead #BusinessConsulting

WANT TO BE A GOOD ‘PARENT’? START BY UNDERSTANDING YOUR BUSINESSES 💡 Multi-business firms can unlock immense value through corporate level strategies to ensure the value of the firm exceeds that of the sum of its parts. However, organisations often struggle to deliver this ‘parenting advantage’. During our workshop on ‘The Strategy of the Multi-Business Firm’ last week, one of the biggest challenges mentioned was a lack of shared understanding of the relationships between the parent and business units, and those between the different businesses. In their MIT Sloan Management Review article, Donald Sull, Stefano Turconi, Charlie Sull, and James Yoder provide a model to consider the level of dependence of these relationships, and how it informs corporate and business strategies. They identify four parenting profiles: 🔹️ Portfolio 🔹️ Leverage 🔹️ Federal 🔹️ Integrative Visit their article to complete the concise questionnaire and plot your own position on the model! 😃 https://lnkd.in/e-PGNvT9 Then consider: ❔️ Are your current corporate and business strategies aligned with this parenting profile? ❔️ Is there heterogeneity in the profiles of your different businesses? And how should this be addressed? ❔️ Is a shift needed? And how can this be achieved? #strategy #strategicmanagement #corporatestrategy #parentingadvantage Vlerick Business School Carine Peeters Martin Weiss Kurt Verweire Esha Mendiratta Brett Hamilton Robyn Hanssens (she/her) Kerstin Fehre

😮 And another!! We've been nominated for the Freedom Awards in the Systems category! 🎉 You all know we love our systems - but what we really love is the FREEDOM they give us. We are so grateful to be nominated for not one, but two Freedom Awards now - They align so much with our vision! Thank you for all your continued support – it means the world to us! 🌏 Here's what our lovely nominator had to say... "Through her expertise in creating streamlined systems, outsourcing solutions, and leveraging technology, Edriana has helped countless entrepreneurs reclaim their time, focus on what truly matters, and scale their businesses with ease. By introducing her clients to tailored tools and processes, Edriana has freed them from the administrative burdens that often slow businesses down. Her clients now run their businesses with greater clarity, consistency, and ease. For many, this has meant a complete transformation in their ability to grow and scale while maintaining a healthy work-life balance. Through her dedication to creating more freedom for her clients, Edriana embodies everything the System Award stands for. Her ability to design and implement streamlined, efficient systems has given her clients the space to focus on innovation, creativity, and business growth—all while maintaining a sense of ease and freedom in their lives." #FreedomAwards #Systems #WorkSmarter #BusinessSuccess #KingVirtualServices

Accelerate Your Success with the Growth Collective Are you ready to elevate your business and tackle the challenges of a dynamic marketplace? The Growth Collective (delivered through the Fit For Growth Programme) is here to equip you with the tools, insights, and strategies to confidently drive growth. Join a community of like-minded business leaders in this unique programme, designed to help you unlock new opportunities and achieve lasting success. Register here Why Join? ·      Led by industry experts, The Growth Collective offers diverse perspectives and practical insights.  ·      Collaborate with peers to solve real-world challenges and share valuable experiences.  ·      Gain the support you need to reach your ambitious goals. Apply now and join a community of like-minded peers: https://lnkd.in/e2wh-Kt8 Grants, Funding & Finance // 14th November // 09:30 - 10:30am Register here: https://lnkd.in/eZWBYR4W Are you looking to grow? Need finance to facilitate that growth? This practical webinar will outline what sources of finance are out there for Wiltshire businesses to access. Don’t miss out – grant funding application window closes 31/1/25

Accelerate Your Success with the Growth Collective Are you ready to elevate your business and tackle the challenges of a dynamic marketplace? The Growth Collective (delivered through the Fit For Growth Programme) is here to equip you with the tools, insights, and strategies to confidently drive growth. Join a community of like-minded business leaders in this unique programme, designed to help you unlock new opportunities and achieve lasting success. Register here Why Join? ·      Led by industry experts, The Growth Collective offers diverse perspectives and practical insights. ·      Collaborate with peers to solve real-world challenges and share valuable experiences. ·      Gain the support you need to reach your ambitious goals. Apply now and join a community of like-minded peers: https://lnkd.in/e2wh-Kt8 Grants, Funding & Finance // 14th November // 09:30 - 10:30am Register here: https://lnkd.in/eZWBYR4W Are you looking to grow? Need finance to facilitate that growth? This practical webinar will outline what sources of finance are out there for Wiltshire businesses to access. Don’t miss out – grant funding application window closes 31/1/25

Great teams execute proven strategies to drive success. The C-Suite can leverage these strategies. Check out our #BusinessofSports series

🚀 Introducing DawnTalks – our quarterly virtual gatherings for leaders across the Dawn portfolio, led by Chloe, our Portfolio & Talent Associate. 🗣️ These sessions will cover a range of topics such as AI, US expansion, employer branding and more, and will be led by both external experts as well as our own portfolio leaders and advisors. We have already hosted sessions for Finance, Legal and People leaders focused on equity in different markets; and the future of non-competes. Here are our topline takeaways from our recent session with WSGR on navigating equity incentives as a company scales, in the UK, Europe and the US: 1️⃣ Know your equity incentive toolbox inside out: Each type of equity incentive has unique characteristics and tax implications, and different incentives work well at different stages of growth 2️⃣ Don’t underestimate differences: When expanding into the US, it’s important to understand key variations in market practices  3️⃣ It’s essential to get the 409A valuation right 4️⃣ Preparation is key: Start-up leaders need to know how to navigate conversations with employees around changes in valuation and its impact on equity value  5️⃣ Later-stage companies can retain and motivate staff through various  approaches such as top-up grants, RSUs and growth shares (outside of the US)

In this edition of #PrivatelySpeaking, find out which four key areas private company CEOs should focus on to help improve their margins and competitive position.

In the current, highly competitive business landscape, having a clear development strategy is essential to thrive. 5.4 million new businesses have been formed in the last year – with 50% of those focused on growth. Additionally, a board of directors can be a great option for growing businesses and scale-ups who need internal expertise to progress – and with it comes several other benefits. A board of directors typically includes several members with vast industry experience and knowledge, making them an excellent addition to any aspiring business. #DevelopmentStrategy #BusinessSuccess #BoardofDirectors