includes developing a high-performing team to deliver on FBA’s values, vision, mission, and strategy. EDUCATION AND NETWORKING One of the key services FBA provides to its members is education. Succession planning is an essential area in which FBA offers support.“Family businesses often don’t think or plan their succession until something dramatic happens, and that can lead to a lot of tears and poorly planned and executed succession,” Sayer unique challenges and needs when making decisions. “Policymakers don’t necessarily consider family businesses when they make policy decisions, and the nuance of a family business is generally that they survive longer than any other type of business,” Sayer points out. Internally, FBA is focused on business sustainability and ensuring that the organization is here for the long haul to support family businesses. This focus Photo Credit: Shon Productions, www.shonproductions.com.au 4 BUSINESS VIEW OCEANIA VOLUME 06, ISSUE 09
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