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32: Who Are the Guardians of the Family Legacy?
Description
In this out-of-the-ordinary episode, your host Steve Legler talks with Olivier de Richoufftz, Secretary General of the Fondation des Familles Entrepreneuriales, about the follow-up to their most recent research: Who Are the Guardians of the Family Legacy?
Bio
Olivier de Richoufftz has more than a decade of experience with organizations that support business families, as well as in growing and consolidating their networks. His knowledge of the major issues that business families face from generation to generation is combined with an MBA from HEC Paris and extensive experience in marketing, sales and business development. He has worked for organizations such as Euro Disney Resort and France Tourisme, and so brings a strategic and innovative perspective to the Fondation des Familles Entrepreneuriales.
For more information about Olivier de Richoufftz, visit the Fondation des Familles Entrepreneuriales website and LinkedIn.
Notes
[0:26] Steve Legler welcomes you to a special edition of the podcast! Olivier de Richoufftz, Secretary General of the Fondation des Familles Entrepreneuriales, joins Steve to discuss the results of their comprehensive survey of Canadian family businesses.
[1:25] Olivier gives a brief overview of the foundation’s history and the positive ramifications of now being under the umbrella of Family Enterprise Canada.
[3:20] The objective of such a study is simple: intergenerational transitions are going to accelerate over the next decade. Olivier explains some of the more specific aims of the survey, including questions related to the impact of COVID on exit intentions.
[5:29] The first part of this survey was published last October and raised some concerns about the transitions ahead. Olivier explains some of them, as well as how the second part of the study addresses them.
[7:01] “Who Will Be the Guardians of the Family Legacy?” is a provocative title. Olivier talks about that choice and about how the rising generation sees its future at the helm.
[9:13] Olivier goes into more detail on some of the needs expressed by the rising and outgoing generations, notably with regard to pride and trust.
[12:17] The results were validated by the community through the firm KPMG. Olivier explains that choice, as well as the both quantitative and qualitative nature of this research and the unique stance that the qualitative data brought out among the participants.
[16:08] It’s never too early, or too late, to foster discussions about succession! Olivier explains the impact the intergenerational relationship can have on the family’s common good.
[18:18] Olivier shares the foundation’s future aspirations for following up on this research.
[19:29] Steve thanks Olivier as well as the audience, and invites everyone to subscribe to the podcast so as not to miss any future episodes.
Share your ideas with us at fea@familyenterprise.ca
Mentioned in this episode
The Let’s Talk Family Enterprise podcast is presented by Family Enterprise Canada.
Fondation des Familles Entrepreneuriales
Ready, Willing and Interested, Or Not? (Part one of the comprehensive survey)
