Boards of directors can help businesses succeed—yet many family businesses do not have functioning boards of directors that play a valuable role in providing oversight to their businesses. In Building a Successful Family Business Board , the authors show why private firms need the in-depth expertise and objective feedback that a well-chosen board, including qualified independent directors, can provide, and demonstrates how owners and directors can work together to ensure a long and profitable life for the firm. The book provides best practices for owners and directors with step-by-step guidelines for developing and managing a board—from writing the initial prospectus, through conducting lively meetings, to maintaining open, honest communication between owners, directors, family members, and other stakeholders in the firm.
|Original language||English (US)|
|Number of pages||263|
|State||Published - 2011|
|Name||A Family Business Publication|
Pendergast, J. M., Ward, J. L., & De Pontet, S. B. (2011). Building a Successful Family Business Board: A Guide for Leaders, Directors, and Families. (A Family Business Publication). Palgrave Macmillan.