Appointing non-family board members to the Family Business Sha is the third-generation director of a mid-sized and progressive medical company. His grandfather started the organisation on a very small scale in a small town in UP. The Board of the organisation...
Family business succession - We all know the topic from numerous books, movies and TV series. Thomas Mann's “Buddenbrooks”, HBO's “Succession” or books about real business families such as the Krupps or Henkel - the rise and sometimes also the fall of these...
Succession Planning in the UAE Succession Planning in the UAE - Family Businesses (“FBS”) are significant contributors to United Arab Emirates’s Gross Domestic Product (GDP), wealth creation and economic stability. However, research demonstrates that the survival...
Sound Management and the Family Business A Family business is the pillar of family assets. A special attention should be given to it in a Family Charter. Who manages the Family Business? Family members and/or others? They may be assisted by consultants and...
A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of concern to the family. What is the Role of a Family Charter? A...
