Effective family business boards harness the energy and commitment of key family members as stewards of the business and its legacy. Yet, many family directors receive little formal governance training and may feel challenged separating their role as a board director from the role they play in the family, ownership or management teams. As the business and the board changes, family directors are asked to grow and build new skills, which happens best with a plan, process and investment in developing human capital.
Family Director Essentials is a two-day training experience that lays the groundwork for family directors to develop their own skills while gaining an understanding of how effective boards work. The program is designed to lead participants through learning, sharing and planning to add value inside and outside of the boardroom.
In this program, family directors will learn the frameworks and concepts that will support their full contribution to the company’s strategy and long-term planning while best leveraging the perspectives they uniquely bring:
Insight on owners’ vision and goals
Deep appreciation for the business, its history, culture, people and legacy
Long-term perspective for family business continuity
Sense of responsibility for the business’s role in the community
Who Should Attend
This program is designed for family members in a multi-generational family business who are current or potential future board directors for their family enterprise. This program may be especially valuable for:
Family directors who are either new to their role or looking for fresh ideas to further their development
Family members considering joining the board of directors
Board leaders (especially chairs, vice chairs, governance committee members) seeking to build board effectiveness
Family owners in the beginning phase of establishing a functioning board, growing or changing the board structure, or adding independent directors to their board
The program would be a good option for families who want to efficiently share common governance approaches with a group of family members/directors. We welcome groups of up to six attendees per family.
To ensure all attendees derive optimum value from the program, attendance is restricted to 75 attendees and is subject to approval by conference organizers.
If you would like to discuss the program and whether it is a good fit for you, please contact Kristi Daeda at (773) 784-5008 or firstname.lastname@example.org.