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Jodan ADR Services

Mediation & Alternative Dispute Resolution

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      • What is Mediation?
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  • Site Map
  • Homepage
  • About
    • Our History
    • Our Team
    • Privacy Policy
    • Disclaimer & Terms of Use
  • Services
    • Mediation
      • What is Mediation?
      • Areas of Practice
      • Mediation Process
      • Preparing for Mediation
      • Mediation FAQ
    • ADR
      • Alternative Dispute Resolution
      • Family Business Transition
      • Conflict Management
  • Resources
  • Blog
  • Contact us
  • Site Map

Family Business Transition

Family business transition, including succession, refer to changes, planned or unplanned, associated with a family business which may significantly alter the dynamics of the business and/or the family. As such it has the potential to cause a significant amount of conflict within the business and the family and be destructive of both. In order to either avoid the development of such conflict or to mitigate the damage of such disputes a mediator/dispute resolution practitioner may be called upon for longer-term service.

The dynamic elements of best practice in family business transition lie in the following:

  • Awareness that the family and the business will endure over the long-term and such endurance will require periodic, if not regular, transitions;
  • Willingness of the family to do whatever is necessary to implement best practices in both family and business;
  • Address shortfalls in capacity, whether in knowledge, skills, resources and time by acquiring extra resources;
  • Commitment of adequate resources, do whatever is necessary and ensure accountability for completion of specific tasks within specific time-frames; and
  • Stamina to establish, cultivate and sustain agreed strategies, structures and systems over the long term.

Sustainable success doesn’t just happen. It must be planned and nurtured. Family and business needs, interests and decision-making processes must be separated as completely as possible. Disputes must be adequately managed. A dispute resolution practitioner with qualifications and experience in business and finance as well as in the resolution of conflict will be a valuable aid to achieving best practice. The main objective of the practitioner is to help the family make the best possible long-term decisions for all the family under all the circumstances. The emphasis will be on inclusion, collaboration and constructive problem-solving.

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Contact

Jodan ADR Services
P: 0407 372784
E: enquiries@jadr.com.au

14 Belmont Street
BELMONT Vic 3216

 

Postal Address

Jodan ADR Services
PO Box 7518
GEELONG WEST Vic 3218

Practice Areas

Mediation
Dispute Resolution
Family Business Transition
Conflict Management
Areas of Practice
 

Disclaimer

Jodan Financial Services Pty Ltd (Trading as Jodan ADR Services) takes no responsibility for the accuracy or completeness of, or the representations made by, the content of this site. Jodan Financial Services Pty Ltd takes no responsibility for the content of any World Wide Web site that links to this site. Please read the Disclaimer.

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