Family Business Research International Center (FABRIC)
FABRIC is a boutique consulting firm offering advisory and coaching services exclusively to family businesses. The organization specializes in providing comprehensive advisory services to clients including drafting family constitutions, establishing family business governance framework, succession planning, next generation development, and difference management.
Our Purpose
To guide and coach Family Business Entrepreneurs and Next Generation Leaders to build institutions in perpetuity, thereby contributing to the nation’s economy.
Our Vision
To help Family Business houses to identify their inherent strengths and overcome their challenges to successfully and ethically manage Growth, Change, and Transition.
We maintain high levels of professionalism and place importance on ethics and integrity while dealing with our clients. We provide accurate and relevant information to our clients to enable them to make informed decisions.
A Safe Environment for Dialogue
Tensions in family relationships can have a negative impact on the family business and need to be resolved before they can act up. We create an environment where each person feels safe to express his or her views and be heard by others.
Ensuring Strict Confidentiality
We hold ourselves to the highest degree of confidentiality. Within a client relationship, we are absolutely discreet about the personal and business information shared with us.
Our Approach
Our approach encompasses the specific and unique dimensions of the Family Business.
DIAGNOSIS
A Diagnostic Approach is adopted to obtain a holistic view on the current DNA of our client’s Family Business. At the outset, we conduct an Assessment of their Family Business System to get a comprehensive insight into their strengths and challenges.
ASSESSMENTS
Confidential and interactive one- on-one & group sessions with every family member helps us understand their perspectives
DEBRIEFING & FEEDBACK
Based on our understandings from the initial meetings, a comprehensive report is presented to the client, wherein we provide our feedback from a family business governance perspective
PERIODICAL MEETINGS
We hold periodical Group Family Meetings to discuss matters related to the Ownership, Business, Family and Governance.
BREAK-AWAY SESSIONS
Few break-away sessions may be required with select family members to iron out differences or disagreements to ensure that the consensus of all family members is obtained.
CONSTITUTION FINALISATION
Parallel sessions may be held with a select individual/s or group of family members to address a few Constitution items as well as other subjects. Family Retreats will be held to discuss and finalise the Constitution.
Get in touch
Discuss your specific family business consulting use case, we will recommend best
practices that would best serve the purpose. Connect with us.