The Family Constitution:
Creating a Future-Proof Constitution that works for both the Family and the Business
Family governance efforts often run parallel to the development of business governance within a
Event Details
The Family Constitution:
Creating a Future-Proof Constitution that works for both the Family and the Business
Family governance efforts often run parallel to the development of business governance within a family business or enterprise. As multigenerational businesses mature, the families that own and manage them often turn to structured solutions like family councils and family constitutions to manage and contain their family dynamics.
Designing a family charter or constitution can establish standards of conduct meant to align with the business and build family capacity, but structure alone isn’t sufficient to sustain the change and growth of a family business system. Instead, a process built on listening to understand, discussion, and socializing policies and ideas across the family can result in a Future Proof Constitution: one built to preempt compliance gaps and future family strife.
We’ll unpack a family governance process that applies regardless of your family enterprise’s stage. From solo-preneur to G2, or from a generational family business to a family office, the process can be customized and applied at each developmental stage of family governance.
