Family Business Governance
Family businesses must respond to the challenges other companies don’t face. Most families find that as they grow there is a need to formally discuss family issues like estate plans, family business leadership transition, and family fairness. They should have a streamlined process for decision-making and governance. This is a topic that most family businesses are reluctant to address resulting in hindrance in running the business smoothly. This Masterclass will discuss the nature of family enterprise governance, its unique challenges and opportunities encountered by professionals developing family governance in family business and will equip the participants with the practical tools needed to build family governance. They will gain knowledge on the importance and relevance of the family constitution and understand the family system, interlocking relationships and communications.
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