Our live webinars address the unique needs and timely topics facing family businesses. Taught by FBCG advisors, subjects range from Succession and Continuity to Communication and Conflict and are supported with a combination of case studies, sound research and real-word experiences. Attendees are encouraged to bring their questions to be answered during the presentation.
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Wednesday, October 4, 2017
1:00 PM Eastern | 12:00 PM Central | 11:00 AM Mountain | 10:00 AM Pacific
Presented by Christopher Eckrich and Dana Telford
Family constitutions (and similar documents referred to as “charters” or “protocols”) are often a centerpiece of family agreements and governance for mature family enterprises; yet, the purpose and origin of the constitution can be very different from family to family. Oftentimes, families go through the process of developing a constitution and later find the document isn’t as useful as hoped for in managing the day-to-day tensions between business, family and ownership.
In this program, Chris Eckrich and Dana Telford will discuss how families effectively create and use family constitutions as a foundational pieces of their governance efforts and provide useful ideas for families considering creating or updating this kind of family agreement.
Attendees will learn:
Why families choose to create a family constitution,
The conditions that lead to successful creation of a family constitution,
Different processes families use to create their family constitutions,
Who to involve for best results,
What types of agreements and policies typically go into a family constitution, and
Tips on completing the constitution successfully and implementing it with the family.
This free, one-hour program includes time for Q&A. Can't attend live? A recording of the webinar will be available for all registrants.