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Family Dynamics and Governance

Business succession planning: Cultivating enduring value


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Family dynamics and governance, the fifth volume in our Business Succession Planning series, focuses on how family business owners can balance the interplay between business strategy and family concerns when establishing a governance plan.

What's new? A thoughtfully governed family business can be a boon for everyone
involved — not only in terms of wealth creation, but also in promoting harmony, personal fulfillment and shared purpose.

What should you consider? This is a process, not an event. For family businesses, making clear determinations about stakeholders, obligations and who controls what, are not just decisions — they may prompt the creation of entirely new governance structures.

In short: Does your family business have a governance plan in place?

Take a closer look: "Family dynamics and governance"

Learn how to set up governance structures to manage the intersection of company needs, family needs and marketplace realities in this fifth volume of Deloitte's Business Succession Planning series.

Also read the first four volumes in this series, The need for planning, Establishing a foundation, Developing future leaders and Preserving personal and family wealth.

Stay tuned: Business succession planning

Stay tuned for the upcoming final volume of our Business Succession Planning series. To receive these and other publications of interest to private companies, subscribe here.

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