Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
The article discusses five reasons business owners do not create a family business board and five reasons to consider creating one.
According to the article, “The Women Leading the World’s Largest Family Enterprises,” written by Lee Hoverd and originally published in Tharawat Magazine, there is a rise of women in leadership positions in America, however, that same presence has not yet been met globally.
Join Tom Crotty, Practice Leader of Sensiba San Filippo, a leading San Francisco Bay Area accounting and business consulting firm, as he unpacks the questions surrounding the family office, if your family needs a family office, how to choose a family office, if your Chief Financial Officer (CFO) should run your family office, and more.
A board of directors is the fiduciary arm of a company on behalf of its shareholders. Its purpose is to help guide the company on important decisions, including hiring senior team members and setting salaries; making decisions on investments and dividends, mergers and acquisitions; and setting goals for the team and providing the resources to support those objectives to help ensure a company’s long-term success.
Michael Dierberg, Chairman of FB Corporation and First Bank, hosts a panel discussion on how to decide what’s best for your business and your family when it comes to the board of directors. Panel members Don Jubel, Tom Bakewell, and Jacob Herschend will share their unique perspectives on this important family business governance issue.
Josh Baron, author of the Harvard Business Review Family Business Handbook, and co-founder of BanyanGlobal, presents using governance structures to manage through change.