Webinar: Governance 101
Creating and working within meaningful governance structures in your family and in your business are keys to success for families with shared assets.
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Family Business Governance: Boards & Family Councils
This is a summary of structures to optimize decision-making and communication for families with shared assets.
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RACI Framework
The RACI model is a framework that can be used to outline roles and responsibilities throughout the company and for specific projects.
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Best Practices for Independent Directors on Family Business Boards
During many years of serving as an Independent Director on my sixteen years of serving five different family business boards, I’ve developed five best practices to share with fellow family Directors.
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Code of Conduct: An Integral Part of a Family Business Toolkit
There are many aspects of transitioning a family business from one generation to the next: choosing a successor, establishing a timeline, preparing the next leader, transferring responsibilities and “passing the baton” in a thoughtful, purposeful manner.
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The Role of the Board Chair
Imagine you are an owner of a company and you set up a board of directors to help govern and guide the business. Do you take the role of board chair or do you identify someone else to take that role?
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Adding independent directors to your board
The Board of Directors is where the will of owners turns into action. It is also one of the most challenging steps to take for a business owner as they may be advised to do things differently.
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Family Business Board Governance
Governance structures in family companies must be designed to safeguard the long-term interests of family shareholders by ensuring the growth and continuity of the enterprise and promoting the family’s harmony and welfare.
