Building a successful family business board
Subtitle: a guide for leaders, directors, and families
By: by Jennifer M. Pendergast, John L. Ward, and Stephanie Brun de Pontet
Contributors: Ward, John L., 1945-; De Pontet, Stephanie Brun
Series: A Family business publication
Publisher: Palgrave Macmillan
Published: 2011
Place of publication: New York
Language: eng
Number of pages: 261
ISBN-13: 9780230111547
Description: 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. Here, 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.--From publisher description.
Table of contents: title: Independent boards of directors and family business : introduction to a powerful alliance; title: Truth and myths about boards meeting the challenge; title: The role of the board in the family business; title: The special value of independent directors to the family business; title: The vital role of the board in family business continuity planning; title: Designing the board; title: Finding and selecting directors; title: Managing the board; title: Making the most of your board; title: Linking family and business governance in later generations; title: How you can contribute as a director; title: Close : our call to action.