Working with PowerTies Consulting builds values-centered transitions!
Your Trusted Succession Specialist
At PowerTies Consulting, we understand the unique challenges faced by wealthy business families. As a successful, values-centered Family Business Succession Planner and Successor Coach, our mission is to help your family preserve its legacy while preparing the next generation to lead with confidence and competence.
The Challenges We Address
Family businesses often face a myriad of challenges, including:
- Nepotism and Resentment: Ensuring fair treatment and professional growth for all family members and employees.
- Lack of Clear Communication Channels: Implementing structured communication protocols to avoid misunderstandings.
- Strategic Succession Planning: Preparing for smooth leadership transitions to secure the future of the business.
- Building a Strong Work Ethic: Cultivating the skills and dedication required for effective leadership.
- Family Conflicts: Resolving disputes and fostering harmony within the family.
- Resistance to Change: Encouraging the adoption of modern practices and innovations.
Here's a short, typical scenario.
As a Chief Succession Strategists, we are regularly approached by confidential clients. In this story, it was an established family-owned business that had thrived for over three generations. The CEO, Robert, had built the company from a small, regional operation into a national leader in its industry. However, as Robert approached retirement, he faced a dilemma: his children, though bright, weren’t ready to take the reins, and the existing leadership team didn’t have a clear succession plan in place.
Robert knew that without a strong strategy, his legacy could be at risk. Enter Keith Tully, the Chief Succession Strategist at PowerTies Consulting Group.
Keith started by conducting a deep dive into the company's culture, history, and long-term vision. He spent weeks interviewing the leadership team, learning about the strengths and gaps within the organization. Through this process, Keith identified several high-potential employees across departments who could step into more significant roles—but they needed guidance.
Keith designed a tailored leadership development program for these key employees, giving them the skills, mentorship, and hands-on experience they needed to be ready for future leadership positions. He also worked closely with Robert’s children, crafting individualized development paths that matched their strengths while aligning with the company’s needs.
As part of the plan, Keith established a transparent, phased transition strategy. Over the next three years, Robert gradually reduced his involvement, allowing potential successors to step up and prove their readiness under his watchful eye. The approach provided the company with continuity, preserved Robert’s legacy, and gave the new leadership the confidence and preparation they needed.
The result was a seamless transition. When Robert officially retired, the company didn’t skip a beat. His eldest child took a seat on the board while a trusted long-time executive became CEO, with the next generation of leaders already in place, guided by the foundation Keith had laid.
Keith’s work ensured that the company continued to grow, the family legacy stayed intact, and the future was secured without turbulence. The business not only preserved its strong culture but also developed a new generation of leadership that would carry it forward for years to come.
Ready to Secure Your Legacy?
At PowerTies Consulting, we are committed to helping your family business thrive. Contact us today to schedule a free consultation and discover how we can help your heir become the leader your business deserves.
Click Here to Tell Us More About You and/or Your Project!
We'll chat for 30 minutes about your challenges, and we'll do a shallow dive. If we agree that you want to do more with us, we'll spend a 2-hour session with you in a paid deep-dive session and we'll determine your very best way forward before you have to commit any large resources or funds. Understand up front that there are no templates, or special courses, or little tricks here. This is just straight-talk and proven methods of changing lives and businesses for the better!
Book a session today BY CLICKING HERE
TESTIMONIALS
"My company was started with a van and a dream, and now I own a full-service Dry Cleaners, a Laundromat, and many routes, and it was PowerTies Consulting who guided me each time I had a question. Thank you!"
- Dan at MobilePro Cleaners, New York
"I use Keith's book at my meetings to know how to best use my time, organize my people, and just get better ideas on how to run my business here and abroad. PowerTies is a smart choice, and the smartest one I ever made was to work with them. Keith knows his stuff."
- Andrew at Unik Advertising, New York
"Hi Keith! I wanted to write with some good news. About 2 yrs ago after I got my MBA, when you helped me spruce up my resume and Linkedin profile, it helped me get a job as a defense contractor, performing an audit for one of their clients. Just recently, I got promoted to employment with the same company! So, I'm no longer contracting. Now, I'm working on the internal audit aspect of this engagement. I'm beyond excited about having a career! I wanted to thank you for your life and career advice, and social media and resume help. It's really started me on the career I want! Thank you!"
- Jen at Defense Contractor Employment, Texas
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