Can family members become apprentices in the family business? employing apprenticeships in a family business? Businesses often need staff who can combine technical knowledge and training within your family business, you may be eligible to receive funded training for your own family members in your family business. Family firms that are also keen to play their part in developing the skills of young people for work and employability please contact us on 0121 707 0550 or email: info@pathwaygroup.co.uk

2. Family Businesses in the UK
Percentage of businesses in UK Private sector
34%
Other
66%
Family
Businesses
Family Business
Other
Call a specialist training Advisor at
Pathway – 0121 707 0550

3. Training in UK SMEs
% of UK SMEs training staff in 2012
70%
60%
60%
50%
40%
40%
30%
20%
10%
0%
Some training
No training
This is lower when you look at businesses of 20 staff or less
Call a specialist training Advisor at
Pathway – 0121 707 0550

4. Therefore…
Approximately
of
family businesses in the UK
are not training their staff!
Call a specialist training Advisor at
Pathway – 0121 707 0550

5. Why is training so
important for family
businesses?
Call a specialist training Advisor at
Pathway – 0121 707 0550

6. Why is training so important for
family businesses?
than 50 per cent of
family businesses plan to
transfer ownership to
family members…
Call a specialist training Advisor at
Pathway – 0121 707 0550

7. However
Half of these said they had
concerns about whether
their successor had the
aptitude, skill and drive to
grow the business
Call a specialist training Advisor at
Pathway – 0121 707 0550

8. Training is linked with success
in family businesses
• The common phenomenon of third generation syndrome
is well known…
• ‘The first generation builds the business, the second
generation grows the business and the third generation
destroys it’
Call a specialist training Advisor at
Pathway – 0121 707 0550

9. Engaging with the next
generation
•
The Institute for Family Business (IFB) identifies this as a key
challenge for family businesses and looks at:
•
•
•
•
•
Inspiring the next generation without applying unfair pressure
Allowing the next generation to set their own path
Developing a parenting/management style that fosters autonomy
Empowering them by providing training and career development
Helping to create a career development plan
Call a specialist training Advisor at
Pathway – 0121 707 0550

10. Engaging with the next
generation
• The (IFB) highlights areas the next generation need to be
aware of:
•
•
•
•
•
Joining the business should be a choice not an obligation
They will need experience and self confidence (possibly gained
elsewhere)
They will need extra skills (beyond a normal business)
They will need credibility as well as competence
They will need passion and commitment
Call a specialist training Advisor at
Pathway – 0121 707 0550

11. How can you define
training needs?
Call a specialist training Advisor at
Pathway – 0121 707 0550

12. Define the key attributes
• What skills will a future leader in the business need?
•
•
•
•
Job challenges – Specific challenges they will be faced with
Organisational knowledge – knowing the key processes and
operations of the business
Competencies – Are there key skills that will be required?
Personal attributes – which personality traits are going to be
important?
Call a specialist training Advisor at
Pathway – 0121 707 0550

13. Assess Strengths &
Weaknesses
• A clear and honest view of strengths
and weaknesses is needed. To do
this, you can use:
•
•
•
•
Simulations or observation – judge by
evaluating real life situations
Surveys of managers, peers and
stakeholders
Behavioural interviews – Assessing
response to key stimuli
Personality assessment – what traits do
they have which could help or hinder
them
Call a specialist training Advisor at
Pathway – 0121 707 0550

14. Identify development
opportunities – and develop…
• What are the gaps between the key attributes needed
and the strengths and weaknesses?
•
•
•
•
Job challenges – Provide an internal project to lead and
implement
Organisational knowledge – Where do they have a weakness? –
immerse them in that function
Competencies – Which key skills do they need to practice more?
Personal attributes – Create exercises to work on key
personality traits that will be important
Call a specialist training Advisor at
Pathway – 0121 707 0550

15. Monitor and support
• The development must come from the person looking to
grow into the role, you need to provide:
•
•
Regular and honest feedback
Coaching and support in development activity
Call a specialist training Advisor at
Pathway – 0121 707 0550

16. Pathway Group
•
•
•
•
Working with family businesses across the UK
Helping them assess their training needs for family and nonfamily members
Supporting vital on the job training with structured training
programmes
Helping businesses plan their training needs
Call Pathway to find out how we can help – 0121 707 0550
Call a specialist training Advisor at
Pathway – 0121 707 0550