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Family Meetings demonstrates the value of family meetings and how to effectively use family meetings to achieve family and business milestones. In its information-packed pages you'll learn ten benefits of effective family meetings; how to use family meetings to plan for future ownership and participation in the family business; how to use family meetings to preserve family traditions and history and to recognize and resolve conflicts; the key questions to be dealt with at family meetings; how to organize and run effective family meetings; how family meetings change as the business evolves; how to separate family issues from business issues; how to use rituals and ceremonies for bonding and recognition.
INTRODUCTION
• THE VALUE OF FAMILY MEETINGS
• UNFOUNDED FEARS
• PART I: TEN BENEFITS OF EFFECTIVE FAMILY MEETINGS
• 1. Building a Stronger Family 2. Building a Stronger Business 3. Planning for Future Ownership 4. Planning Family Participation 5. Managing Inherited Wealth 6. Opening Up the Succession Process 7. Preserving Family Tradition and History 8. Professionalizing the Business 9. Managing Relations between Family and Board of Directors 10. Recognizing and Resolving Conflict
• PART II: HOW TO HOLD EFFECTIVE MEETINGS Overcoming Misconceptions and Fears, When is the Right Time?, Who Should Run the Meeting?, The Agenda, Location, Whom Do We Invite?, Openers, Icebreakers, Documenting the Meeting, Closing the Meeting, Running Ongoing Meetings, Family Retreats, Communication, Organization, How Issues Change as the Business Evolves, Forming a Family Council, Role and Rituals and Ceremonies, Avoiding Pitfalls
• PART III: SOME MILESTONES REACHED THROUGH FAMILY MEETINGS Planning the Future of the Business, Smoothing Ownership Succession, Encouraging Family Members in Stewardship, Developing Family Skills, Creating a Family Mission Statement
• SUMMARY
• INDEX
Overview
Family Meetings demonstrates the value of family meetings and how to effectively use family meetings to achieve family and business milestones. In its information-packed pages you'll learn ten benefits of effective family meetings; how to use family meetings to plan for future ownership and participation in the family business; how to use family meetings to preserve family traditions and history and to recognize and resolve conflicts; the key questions to be dealt with at family meetings; how to organize and run ...