Governance & decisions
Everyone has a view.
The business needs a decision.
When family roles and business authority overlap, decisions can stall. Governance gives the family a way to participate while allowing the business to move forward.
The situation
Does this feel familiar?
Important decisions move between the office, the dinner table and private conversations. People are unsure whether they are speaking as owners, directors, employees or family members.
- Nobody is certain who has the final say.
- A new venture or investment keeps returning to the same debate.
- Family meetings have no agreed purpose or decision process.
A clearer way forward
What the work
can clarify.
Your circumstances shape the priorities. Together, we can work towards:
- Clear roles for owners, directors, leaders and family members.
- Agreed forums and processes for important decisions.
- Family employment and other policies suited to your business.
- A family charter or constitution where it will add value.
Our father did not leave a Will and there were many issues both in the family and in the business that arose as a result. Through communication, governance and succession strategies, our family was able to come to an amicable mutual agreement.
Before you begin
Questions you may have.
Is governance only for large businesses?
No. The appropriate structure depends on the family and business. A smaller enterprise may need a few clear agreements rather than an elaborate system.
Do we need a family constitution?
Possibly, but it should follow the decisions your family needs to make. A document has value when the family understands and uses it.
Give important decisions
a clearer process.
Tell me where decisions are getting stuck. We can explore the roles, responsibilities and arrangements your family needs.