10 Break-Out Sessions

  • Time: 3:30 pm - 4:30 pm

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Our Ongoing Advisory Board Placement for a German Family Business Group in the Wood Trade and Flooring Industry

In 2024, the team was approached by the Managing Partner, with the task to support the group’s strategic business development towards the generational succession by identifying possible candidates within the Symposium’s global young leaders pool that would fit for the a role in their advisory board.

About the Ongoing Process

In April 2024, the team met with the Managing Partner, who provided the initial requirements for a potential candidate to advise the group on matters of Enterprise Resource Planning, logistics, and sales. The aim was to make existing structures more agile while supporting the current digitisation processes in logistics, which require special software systems. Given the company’s long family tradition and drive for innovation, with the younger generation working and being prepared for succession, they sought a young profile capable of engaging younger customer segments and advising on process optimisation in logistics. The team listened carefully to the company’s needs and concentrated on researching ten profiles that could meet these requirements. Considering the company’s strong roots in the DACH regions, the search primarily focused there. The team aimed to find two to three candidates for each high-priority area.

After conducting initial research within the 10,000+ candidate pool, the team compiled a selection of ten profiles, which were then presented to the company’s Managing Partner with a brief discussion and debrief. From this selection, the Managing Partner expressed initial interest in two to three profiles. Currently, the Managing Partner will be discussing the profiles internally with current advisory board members, the other executive board members, as well as the younger generation members of the family working in the company. A follow-up meeting will determine the outcome and the next steps regarding which candidates will be connected with the company for a get-to-know interview.


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