Many families in Manila are looking for a location in the North to take their children out of the city for a family gathering or a retreat in the Philippines. Experts declare that Family Business Retreat Strengthen Family Communications. Here is an article on how to organize a family retreat.
April 8, 2011
“Organizing a family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business,” according to top family business expert Don Schwerzler
“The retreat can involve all the family members who work in the family business, those family members not active in the business and the spouses of the family members – even young adults.”
Schwerzler, who has been studying and advising family business entrepreneurs for more than 40 years, is the founder of the Family Business Institute, headquartered in Atlanta GA.
Many family businesses elect to retain the services of a facilitator trained in family business dynamics to ensure the optimum results for the retreat. Using a family business expert as a facilitator can help identify the issues that need to be addressed while ensuring that a non-confrontational atmosphere is maintained.
Conduct your retreat offsite
A family retreat is generally conducted off-site because it is almost impossible to maintain the attention and the focus on critical issues and objectives in the conference room during normal business hours.
Benefits of a family business retreat
The retreat helps to integrate and connect the personal and professional goals of each family member to the family’s strategic vision for the business. The retreat helps to strengthen family ties by building trust and creating clarity of vision for both the family and the business.
They help to establish balance between business responsibilities and family obligations. They provide the best environment for family members to share their dreams and expectations about the legacy of the family business.
There’s lots to discuss!
The discussion topics during a family business retreat can include a wide range of issues such as compensation, individual roles in the business, succession management, retirement planning, financial performance of the business, strategic objectives for the business, how family values and culture influence the family business, corporate governance, business policies and to communicate the strategic goals and objectives of the family to the executive management team of the business.
Process – not an event
It is important to note that the retreat is not an event – it is the beginning of a process that will enable the family business to grow and prosper and to help ensure that family members maintain and develop healthy relationships.
Operational Analysis
Conducting an operational analysis of the family businesss, prior to a family business retreat, provides insights to the business differently than the financial analysis. We encourage family members and their spouses to be involved in the retreat. Information from the “operational analysis” enables everyone to better understand the workings of the family’s business without discussing confidential financial information.
Change Management
Crucial to the success of a family business is the ability for the business to adapt to change – and to do it quickly. Working on “change management” and understanding the dynamics of change on the family business should be on the agenda of every family business retreat!
Organizational Alignment
As family businesses grow, key family executives may become less involved in the day to day running of the business. To ensure the managers and the allocation of resources are aligned with the goals and objectives of the family business owner(s), we recommend that an organizational assessment be part of the family business retreat. The best online assessment tool, one that is inexpensive and easy to use is ODS-OL.
Family Business Innovation
Succession management is all about a family business making a successful transition from one generation to the next. Succession time is a perfect time to include transformational changes in the family business as part of the family business retreat. Learn about the 10 critical mind-set changes that should be addressed as part of a “family business innovation program”.
Celebrate and Reflect
The retreat is a great time to celebrate the success of the family business and to reflect on the sacrifices made by the family members who founded the business and the legacy they aspired to pass down to future generations.
If you have a question about how to organize a family retreat, how best to conduct the retreat, how to prepare the agenda for a retreat, ask our expert
As Manila becomes more congested and pollution becomes frustratingly intolerable, many families opt to spend a few quality nights and relax in this hotel in Angeles City Clark Pampanga. It is fair to say that YATS Clearwater Resort and Country Club is known for its faithful rendition of the American suburban lifestyle, all there for the enjoyment of all ages and all members of the family.
This resort hotel is different from other hotels in Clark Philippines or hotel in Angeles City. This Clark Freeport Hotel has large space for children to play and adults to enjoy some peace and quiet in the picnic grounds near the lake. Clark Philippines is lucky to have such a hotel.
Travel agencies think it is also a nice event venue for company outings, wedding, team building and planning session in the Philippines. They donโt think Angeles City, Manila or Subic has event venues like those in this beach resort in Pampanga.
New camping sites and picnic grounds in Philippines are now available for family outings in Philippines at Yats Clearwater Resort & Country Club in Pampanga Angeles City near Manila Philippines. Just bring camping equipment and enjoy the fun and ambience of outdoor living camping in Angeles City Philippines under safe, secured and clean conditions.
This breakfast garden cafรฉ is absolutely the most idyllic restaurant in Angeles City Clark Philippines. You named it right โ Clearwater Breakfast Garden and Cafรฉ. This is exactly what Clark Freeport needs, a nice simple bistro cafรฉ where one can get good quality breakfast and enjoy the food in peace at leisure pace. This is the best hotel restaurant in Angeles City Clark Philippines and the eggs Benedict as well as American Breakfast and the pancakes are really world-class.
Traffic along the North Expressway NLEX from Manila to Clark is always light and the new Subic Tarlac Clark Expressway ScTex takes visitors straight into Clark Freeport without going through any towns and cities along the way.
There are numerous opportunities for investments between US$100,000 and $500,000. These opportunities are especially attractive for semi-retirement lifestyles. The best, easiest and safest way to go about with this kind of investments is to deal with an existing business โ a locator as business in Clark is called โ so the investor is spared of the hassle of dealing with red-tape and bureaucracy that is always present in third-world countries. The existing locator has already cleared the path so to speak and even if it means asking for small premium for a partnership, it is very much worth the while of a new investor to take this route. Business opportunities depend largely on the skills, interests and experiences of the investors but there is a strong demand for more establishments in these areas: entertainment, shops, office space, construction and engineering services, restaurants and bars, transportation and travel assistance.
Clark Freeport is one of the most attractive business propositions the Philippines has to offer for investors in many kinds of businesses from BPO, hospitality, resorts and leisure facilities to condos, retirement homes, restaurants, bars and shops.
This web site contains articles and information that will be helpful to visitors, residents and tourists traveling out of town from Manila on a short getaway to Subic, Angeles City, Pampanga and Clark Philippines. There are several web sites that contain information that might also be pertinent to what is happening in North Luzon.
For assistance with organizing and planning weddings and garden receptions, log on to http://www.PhilippinesWeddingVenue.com
For assistance with lodgings, accommodations, hotels and resorts near Manila in Subic, Pampanga, Angels City and Clark Philippines log on to http://www.HotelClarkPhilippines.com
While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com
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