{"id":3624,"date":"2024-04-17T12:28:27","date_gmt":"2024-04-17T05:28:27","guid":{"rendered":"https:\/\/libcondemo.bangkokwebsitedesign.com\/industries\/family-business\/"},"modified":"2024-04-23T19:41:47","modified_gmt":"2024-04-23T12:41:47","slug":"family-business","status":"publish","type":"page","link":"https:\/\/libcon.co.th\/en\/industries\/family-business\/","title":{"rendered":"Family business"},"content":{"rendered":"\t\t
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Family Businesses<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\"Family<\/figure><\/div>
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Family Businesses<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Family businesses contribute the majority to the success of Thailand\u2019s economy, accounting for more than 80% of the country\u2019s GDP across various sectors.<\/b><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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However, sustaining these businesses has been a challenge. Research has shown that over 70% of these businesses fail to successfully pass down to a second generation, and 90% fail to pass down to a third generation. Changing consumer behavior and industry disruptions have led to an increase in tasks to address these changes.<\/span><\/p>\n

Japan has a substantial amount of long-lasting and sustainable family businesses, amounting to over 3,000 companies that have successfully maintained operations for more than 200 years.<\/span><\/p>\n

LiB Consulting provides a range of services from establishing a strong business foundation, to overcoming expected and unexpected challenges, to helping you in the execution of strategies to maintain and increase business prosperity in the long run.<\/span><\/p>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Services<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\"Sales<\/figure><\/div>
\"Japan,<\/figure><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t
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Strategy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Our team has the right experience to help family businesses grow, and we understand the importance of strategic plans that move businesses forward.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

LiB Consulting services provide growth strategies that help businesses survive in red ocean business environments and properly plan for the next generation.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Our strategy consulting covers many areas such as growth strategy, domestic business strategy, international business expansion, and others, aimed at ensuring the prosperity of the organization.<\/span><\/p>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Organization Development<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Establishing a strong foundation for survival and sustainability in organizations is crucial for moving forward and passing it on to the next generation.<\/span><\/p>\n

LiB Consulting provides consulting services to enhance and unite organizations.<\/span><\/p>\n

The project scope ranges from creating and strengthening the mission, vision, and values (MVV) to evaluation systems, succession plans, business reformation, and new business developments.<\/span><\/p>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\"Family<\/figure><\/div>
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\"Family<\/figure><\/div>
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Merger & Acquisition<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Family businesses may require a complete transformation to survive or become leaders in the industry.<\/span><\/p>\n

However, doing so requires expertise in the relevant fields to get everything in shape.<\/span><\/p>\n

LiB Consulting provides business insights with a synergized on-site management perspective. We provide services that include due diligence and post-major integration (PMI) to smoothen the transformation of the company.<\/span><\/p>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Case Study<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Human Resource Management System to Support a Challenging Environment<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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IntroductionbThis company is a family business that has been in the hardware and software…<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Heir Wins Over Skeptics<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Issues An MBA graduate and second-generation president of a family business faced resistance…<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Growth Strategy for Winning the Global Market<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Issues Kai Corporation specializes has been specialized in cutlery and knife production, the business…<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Family Businesses Family Businesses Family businesses contribute the majority to the success of Thailand\u2019s economy, accounting for more than 80% of the country\u2019s GDP across various sectors. However, sustaining these businesses has been a challenge. Research has shown that over 70% of these businesses fail to successfully pass down to a second generation, and 90% […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3499,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-3624","page","type-page","status-publish","hentry"],"yoast_head":"\nFamily business - LiB Consulting - \u0e43\u0e2b\u0e49\u0e04\u0e33\u0e1b\u0e23\u0e36\u0e01\u0e29\u0e32\u0e25\u0e39\u0e01\u0e04\u0e49\u0e32\u0e17\u0e35\u0e48\u0e21\u0e38\u0e48\u0e07\u0e40\u0e19\u0e49\u0e19\u0e01\u0e32\u0e23\u0e2a\u0e23\u0e49\u0e32\u0e07\u0e1c\u0e25\u0e25\u0e31\u0e1e\u0e18\u0e4c\u0e17\u0e31\u0e49\u0e07\u0e14\u0e49\u0e32\u0e19\u0e01\u0e25\u0e22\u0e38\u0e17\u0e18\u0e4c<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/libcon.co.th\/industries\/family-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family business - LiB Consulting - \u0e43\u0e2b\u0e49\u0e04\u0e33\u0e1b\u0e23\u0e36\u0e01\u0e29\u0e32\u0e25\u0e39\u0e01\u0e04\u0e49\u0e32\u0e17\u0e35\u0e48\u0e21\u0e38\u0e48\u0e07\u0e40\u0e19\u0e49\u0e19\u0e01\u0e32\u0e23\u0e2a\u0e23\u0e49\u0e32\u0e07\u0e1c\u0e25\u0e25\u0e31\u0e1e\u0e18\u0e4c\u0e17\u0e31\u0e49\u0e07\u0e14\u0e49\u0e32\u0e19\u0e01\u0e25\u0e22\u0e38\u0e17\u0e18\u0e4c\" \/>\n<meta property=\"og:description\" content=\"Family Businesses Family Businesses Family businesses contribute the majority to the success of Thailand\u2019s economy, accounting for more than 80% of the country\u2019s GDP across various sectors. However, sustaining these businesses has been a challenge. 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