Understand the existing family business and impact of governance on its operation
Means to implement the changes
Identify a structure that fulfils family needs and business
Quarterly visits to ensure that implementation is heading as planned
This would be a series of three workshops, each workshop is two days with family members and senior management. The oversight component is optional if you wish further support with monitoring performance and KPI’s.
At the end of each workshop the participants would have clear identifiable outputs that they can internally discuss and assess.
Clear objectives on how to manage the family with the business and understanding on where the two overlap impacting each other (positively and negatively)
Action plan to amend existing structure for short, medium and long term in view of family needs, objectives and interests
Tools for implementation and KPI's to measure and monitor progress
Quarterly reports on performance
