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Event Date | Tue Sep 12 EDT - Wed Sep 13 EDT (over 1 year ago) |
Region | All |
Family enterprises are businesses that are owned and operated by members of a single family, and they can take various forms, such as a sole proprietorship, a partnership, or a corporation. One of the key challenges of family enterprises is balancing the complex interplay between the family's personal relationships and the business's operational and financial needs.
We will discuss:
• Family and business governance structures, including family councils, boards, and management teams, and their role in balancing family and business needs.
• Next-generation leadership development and coaching, including training and mentoring programs, to ensure a smooth transition of leadership from one generation to the next and promote innovation and growth in the family enterprise.
• Succession planning strategies and considerations, including legal and financial issues, leadership transitions, and communication with stakeholders.
• Effective leadership in family enterprises, including managing complex family dynamics, balancing competing demands, and promoting growth and innovation while staying true to the family's values and vision.
• Making investment decisions in the context of a family enterprise; navigating complex family dynamics, ownership structures, and a long-term perspective, thus fostering a culture of openness and transparency, which encourages healthy debate and discussion, leverages diverse perspectives, and promotes innovation and creativity.