No matter what the size of a family enterprise, the unique – and often volatile – mix of personal family relationships, business strategy and ownership criteria can create an emotionally charged environment that makes decision-making, not to mention day-to-day management……
Challenging. And as the founding generation ages, succession and power issues across an expanding family can create cascading concerns.
In a study by pwc Global, 71% of family enterprises have NOT adopted any procedures for resolving conflict between family members.
In today’s episode, David will tell us:
What is the Difference in a Family Council and a Board?
What are the Benefits of having Structured Governance no matter what size Family Business you have?
How does having Family Council Meeting help in Estate and Succession Planning for the Family Business?
What would be the First Steps a Family Business Leader might take to set up a Family Council for your Business?
As a special gift for joining us for the Family Business Today podcast, we would like to send you a FREE COPY of Family Council – What it is and Why You Must have One. You will learn:
The Purpose of a Family Council
The Difference between Family Meetings and Family Councils
The Responsibilities of a Family Council
How Do We Start a Family Council? and more….
Send us an email today to firstname.lastname@example.org and simply say “Governance”.