Write your own Family Charter

The biggest risk to any family business is misunderstandings, conflict, and poor communication within the family. Get the basic frameworks in place and both risk and conflict with the family and business is significantly reduced. Every successful family business, regardless of size should have both good business governance and family governance. The first step is to develop a Family Charter.

Introduction to the series

This weekly series of four two-hour online workshops is the most cost effective way for a family business to start developing this core part of their Family Governance. It will give your family business the head start it needs and provides you with everything you require to develop an outstanding and long-lasting family charter.

The family charter will give you certainty and security on moving into the future, clear rules and expectations for the family and an effective succession plan.

Bring along as many family members as you can, and you will:

  • Start a process that you can then finish off at your own pace with the family at home
  • Discuss as a family the crucial issues you need to address in a safe and positive environment
  • Get the framework that addresses all the areas the family and business need to cover. Specifically:
  • Developing a clear succession plan that everyone in the family is happy with
  • Clarifying expectations
  • Learning how to keep ‘family conversations’ separate from ‘business conversations’
  • Clarifying the different roles of family members within the business
  • Learning how to develop the Next Generation
  • Identifying your values and vision for the business which help guides your future decisions
  • Learning how to address the key issues before they become ‘conflict zones’.

Who is this for?

The Write Your Own Family Charter workshop has been designed for family businesses that:

  • Are eager to start the process of creating their own family charter
  • May be just starting out
  • May be smaller and who are particularly budget conscious
  • Have simple family dynamics with reasonable levels of alignment
  • Have minimal conflict within the family and the business

When you sign up for the Write Your Own Family Charter workshop, your family receives:

  • Four facilitated workshops (2 hours each), with as many family members who want to attend
  • A copy of the Family Business Central Family Charter Template
  • Access to the library of possible suggestions for key sections of the family charter
  • A detailed succession plan structure and process
  • Free access to facilitators between sessions for up to 3 months after the workshop finishes

Workshop content

Family Governance 201

Session 1: How to build your Family Charter

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Family Governance 201

Session 2: The Business of Family

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Family Governance 201

Session 3: Developing a Succession Plan

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Family Governance 201

Session 4: Review and Finalising the Family Charter

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