How to Develop a Family Council for Stronger Governance | The Family Biz Show Ep. 52
The Family Biz Show
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Navigating Family Business Dynamics
This chapter explores the personal journeys and experiences of individuals involved in family businesses, highlighting the significance of family history and governance. It emphasizes the importance of establishing a family council to enhance communication and succession planning, fostering a strong company culture and community ties. Additionally, the chapter discusses the complexities of ownership and the necessity of active engagement among family members to sustain business longevity and cohesion.
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