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Family Governance

At the core of every family business, are the intentions of perpetuity and profit. To actualize these, owner-families need to strike a balance between conflicting demands of family and business.To ensure smooth functioning of the business across generations, we work with owner-families to build a culture of governance that enhances trust, transparency, and harmony among family members and branches of families.

We facilitate multi-generational families to create boundaries between ownership and management by aligning their diverse ambitions, differing objectives, and overlapping roles through a robust governance structure.

Our unique process of developing policies and Family Charter/Constitution helps families take prudent decisions, communicate constructively on sensitive matters, and prepare for future contingencies.

To build and uphold a culture of family governance, we assist owner-families in the following areas:

Building a Culture of Governance

Assessing family’s expectations, priorities, capabilities, and involvement in the business with an unbiased perspective
Facilitating families of siblings and cousins to articulates common purpose, shared vision, and core values to build family legacy
Aligning family members’ ambitions, business goals, ownership and wealth objectives with a long-term outlook
Developing guidelines and systems for family members’ involvement in the business and accountability toward the Board as family professionals
Enabling a safe environment for family members to express differences, take decisions, and manage generational transition

Family Constitution and Governance Structures

Engaging families holistically in our customized process of creating a Family Constitution and governance structure
Drafting a formal Family Constitution by defining family’s rights, responsibilities, and policies to deal with known and unknown situations in future
Drafting a Family Constitution by defining family’s rights, responsibilities, and policies to deal with known and unknown situations in future
Designing suitable governance structures including Family Council, Family Assembly, Family Board, and Family Agreement with Formal and legal documentation
Counselling family members for smooth implementation of policies and processes and conducting effective meetings
Reviewing and redefining family policies, processes, and structures with changing needs of family members

Conflict Management and Mediation

Identifying triggers of dissonance, differences, and influence of multiple factors on family and business dynamics
Recommending protocols for effective inter-personal communication and coaching family members to manage conflict
Organizing Retreats and outbound camps to enhance bonding and sharing among family members of various age and generations
Helping owner-families undergoing severe emotional, financial, branding, and inheritance disputes by initiating dialogues and negotiations
Developing a conflict resolution process and out-of-court settlement through mediation while ensuring confidentiality

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