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No one in family business should feel isolated or overwhelmed. FBA provides tailored programs and events for members within a supportive community of peers who truly understand.
Family Business Diagnostic Resources
Thank you for completing 'Your Family Business Diagnostic' a tool specifically designed for family businesses. This diagnostic allows you to see how your family business stacks up against global benchmarks and identify areas for improvement, based on research by the Family Business Resource Centre highlighting 8 key factors that successful family businesses excel in.
Your report outlines your three strengths and three areas for growth, aligned with the 8 Key Success Factors below.
To help your family business reach its full potential, please use the links to courses, programs, resources, tools, and professional advisors. These resources are aligned with each success factor to support your development in these areas.
Haven't completed the 'Your Family Business Diagnostic'? Access the diagnostic tool to receive your tailored report and improve your family business.
Note: Resources will continue to be added to this page to support your family business.
8 Key Success Factors
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Managing Growth
Courses
Financial Essentials
This course explores financial management in the context of a family business. Understand the health of your business, establish warning indicators, and assess the true value of your business to make informed and effective decisions. You’ll also learn the practical value of financial performance dashboards to monitor and communicate key performance measures.
Strategic Business Planning
This course will provide your family business with the knowledge, tools and resources to develop a tailored strategic plan, instilling clarity, direction and a systematic decision-making approach aligned to your family’s vision, values and legacy. This course is offered with an on-demand, self-paced online structure, allowing you to progress through the 8 hours of content at your own convenience. To ensure you are supported throughout the self-paced course, FBA Specialist Accredited Advisor and experienced family business expert, Harry Kras, will be only a click away throughout the duration of the program.
Programs
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Owner Manager Program
Many family-owned businesses have benefited from Australian Owner Manager's programs. Their exclusive programs give family business owners the tools, application, and connections to effect immediate change that will propel your business and personal life forward. The Owner Manager Programs are perfect for next-generation owners taking greater control of family business.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - Maximising Business Value
Article - Trust as a Competitive Advantage
Presentation - Conversation and Communication Basics… Yes, We Also Mean Conflict
Presentation - Are you Growth Ready? From Friction to Flow
Webinar - 10 Questions to Raise with Family Members to Avoid “Shirtsleeves to Shirtsleeves"
ToolsChecklist - ANZ Growing Your Business Checklist
Checklist - Why Change Fails
Checklist - Working with Non-Family Executives
Checklist - The 3D Developmental Model
Checklist - One Page Plan
Checklist - Strategic S.W.O.T Analysis Tool
Checklist - Mindmapping
Checklist - One Page Plan
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Professionalising the Business
Courses
Governance & Directorship
This is the only governance and directorship course specifically designed for family business. You will learn about the unique challenges directors face in relation to family, business and shareholders, how to establish and maintain appropriate governance structures, directorial duties, and effective implementation strategies to meet your family’s unique needs.
Financial Essentials
This course explores financial management in the context of a family business. Understand the health of your business, establish warning indicators, and assess the true value of your business to make informed and effective decisions. You’ll also learn the practical value of financial performance dashboards to monitor and communicate key performance measures.
Strategic Business Planning
This course will provide your family business with the knowledge, tools and resources to develop a tailored strategic plan, instilling clarity, direction and a systematic decision-making approach aligned to your family’s vision, values and legacy. This course is offered with an on-demand, self-paced online structure, allowing you to progress through the 8 hours of content at your own convenience. To ensure you are supported throughout the self-paced course, FBA Specialist Accredited Advisor and experienced family business expert, Harry Kras, will be only a click away throughout the duration of the program.
Programs
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Owner Manager Program
Many family-owned businesses have benefited from Australian Owner Manager's programs. Their exclusive programs give family business owners the tools, application, and connections to effect immediate change that will propel your business and personal life forward. The Owner Manager Programs are perfect for next-generation owners taking greater control of family business.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - The Power of FBA’s Forum Group Program: Real Stories, Real Impact
Article - 5 reasons why finding the right support can transform your family business
Article - Being in business can be lonely, a group of trusted peers can make it easier
Article - Small business marketing strategy: Why it's essential | ANZ
Article - Developing a business risk management plan | ANZ
Article - Professionalising the Family Business
Article - Structuring the Family Business for Success
Article - So You Work with Your Family in Business
Tools
Checklist - ANZ Risk Assessment Checklist
Checklist - Why Change Fails
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Leadership Development
Courses
Planning for Succession
Transitioning leadership is a complex strategic process that impacts the future of the family business, and early planning is key. This course delves into essential topics such as exit strategies, leadership rules, and nurturing successors. Gain vital insights, mitigate challenges and disputes, and foster harmony within your family business with this FBA course.
Programs
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Owner Manager Program
Many family-owned businesses have benefited from Australian Owner Manager's programs. Their exclusive programs give family business owners the tools, application, and connections to effect immediate change that will propel your business and personal life forward. The Owner Manager Programs are perfect for next-generation owners taking greater control of family business.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - The importance of personal leadership development for the next generation in family businesses
Article - Leadership Development
Article - Managing Stress
Article - Wealth Transfers: How To Reverse the 70% Failure Rate
Article - Good Fortune: Building a Hundred Year Family Enterprise
Presentation - Shaping Future You
Webinar - Leadership in the Mirror
Webinar - Leadership through the crisis – GFC, Bushfires, Covid-19
Book Review - The 7 Habits of Highly Effective Families
Book Review - The 7 Habits of Highly Effective People
Book Review - The Element: Finding Your Passion Changes Everything
Book Review - Who Moved my Cheese?
Book Review - Who Will Drive the Bus?
ToolsChecklist - Why Change Fails
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Formalising the Family
Courses
Governance & Directorship
This is the only governance and directorship course specifically designed for family business. You will learn about the unique challenges directors face in relation to family, business and shareholders, how to establish and maintain appropriate governance structures, directorial duties, and effective implementation strategies to meet your family’s unique needs.
Program
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - Moving from the old to the new
Presentation - Family Offices – When is the Right time to Start for My Family?
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Communication & Conflict Management
Program
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
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Governance
Courses
Governance & Directorship
This is the only governance and directorship course specifically designed for family business. You will learn about the unique challenges directors face in relation to family, business and shareholders, how to establish and maintain appropriate governance structures, directorial duties, and effective implementation strategies to meet your family’s unique needs.
Strategic Business Planning
This course will provide your family business with the knowledge, tools and resources to develop a tailored strategic plan, instilling clarity, direction and a systematic decision-making approach aligned to your family’s vision, values and legacy. This course is offered with an on-demand, self-paced online structure, allowing you to progress through the 8 hours of content at your own convenience. To ensure you are supported throughout the self-paced course, FBA Specialist Accredited Advisor and experienced family business expert, Harry Kras, will be only a click away throughout the duration of the program.
Program
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - Moving from the old to the new
Article - Family Constitutions - Is the Hype Real?
Webinar - Family Constitutions - Is the Hype real?
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Succession Planning
Courses
Planning for Succession
Transitioning leadership is a complex strategic process that impacts the future of the family business, and early planning is key. This course delves into essential topics such as exit strategies, leadership rules, and nurturing successors. Gain vital insights, mitigate challenges and disputes, and foster harmony within your family business with this FBA course.
Strategic Business Planning
This course will provide your family business with the knowledge, tools and resources to develop a tailored strategic plan, instilling clarity, direction and a systematic decision-making approach aligned to your family’s vision, values and legacy. This course is offered with an on-demand, self-paced online structure, allowing you to progress through the 8 hours of content at your own convenience. To ensure you are supported throughout the self-paced course, FBA Specialist Accredited Advisor and experienced family business expert, Harry Kras, will be only a click away throughout the duration of the program.
Programs
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - An Introductory Guide to Family Business Succession Planning
Article - Succession planning - Getting started
Article - The importance of succession planning
Article - The value of advice
Article - My parents want me to ‘take over’ the family business
Article - Succession planning: How key person insurance supports transition
Article - Early succession planning can help avoid expensive and draining litigation
Article - The importance of personal leadership development for the next generation in family businesses
Article - Creating a legacy after taking over the family business
Interview - Hear from Grant Menzies from Adina Watches on 3AW Australia Overnight with Tony McManus
Interview - Hear from Daniel O'Sullivan from Abbe on 3AW Australia Overnight with Tony McManus
Webinar - Inter-Generational Change: Bringing Certainty to Family Stakeholders
Webinar - The Keys to a Fulfilling Future for BOTH Generations
Book Review - The Speed of Trust
Book Review - The Element: Finding Your Passion Changes Everything
Book Review - Who Moved my Cheese?
Book Review - Who Will Drive the Bus?
ToolsChecklist - Why Change Fails
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Retirement Planning
Courses
Planning for Succession
Transitioning leadership is a complex strategic process that impacts the future of the family business, and early planning is key. This course delves into essential topics such as exit strategies, leadership rules, and nurturing successors. Gain vital insights, mitigate challenges and disputes, and foster harmony within your family business with this FBA course.
Programs
Forum Groups
Forum Groups offer a supportive and confidential space to navigate challenges, raise tough issues and talk them through, workshop ideas or issues, and celebrate successes. Led by an accredited family business facilitator, the Forum Program is your unique opportunity to seek counsel, learn from other’s experience, and share your own learnings. Running a family business can be extremely rewarding but it does come with a number of complexities and challenges. Ultimately, no one understands the nuances of family business better than you and your peers.
Professional advice
FBA Accredited Advisors
Connect with expert FBA Family Business Accredited Advisors to receive trusted guidance and support from professionals who understand the nuances of operating a family business, so you can collaborate in confidence.
Accredited Advisors complete 6 months of study through FBA and our partnership with the University of Adelaide’s Family Business Education and Research Group, as well as ongoing learning. The program provides advisors with world-class education focused on understanding the unique challenges faced by family businesses.
Resources
Article - Investing in your Long Term Quality of Life
Article - Wealth Transfers: How To Reverse the 70% Failure Rate
Presentation - Ageing Parents – the Underbelly for Families and their Business
Book Review - The Element: Finding Your Passion Changes Everything
Book Review - Who Moved my Cheese?
Other Resources
Please explore additional resources and tools to support your family business in various areas below.
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Sustainable Development Goals
Resources
Workbook - Sustainable Development Goals Workbook
Presentation - The Vital Role of Family Businesses in Achieving Sustainable Development Goals
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HR
Resources
Presentation - The 7 Steps to a Remarkable Workplace
Webinar - The Skills Shortage: Attracting and Screening Incredible Talent for Your Family Business
Webinar - Employment Law Considerations for Family Businesses
Webinar -Take control of the risky and costly aspects of your workforce
ToolsChecklist - The 5 Step Guide To Conducting an Effective One-On- One
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Philanthropy
Resources
Article - Why People Give
Webinar - How do I engage all family members
Flyer - Philanthropy in 32 Minutes
Flyer - Giving Compass