The design of boards for comprehensive tasks and efficient processes
Introduction
Exploring the topics of governance
Modules and tasks of governance
One-tier and two-tier boards
Design parameters of a board for family enterprises
Governance for the lone founder
Agenda setting:Clarifying the strategic situation and the challenges
Monitoring: We need meaningful data
The difficult task of advising
To create a sense of urgency
The board's key role during a crisis
such as COVID-19
The board's discussions on topics of family enterprises' strategies
The key issues of the family enterprise's strategy
Profits as the basis of strategy
Investments strategy for stability and development
Innovation strategy for renewal and growth
Patterns of family enterprise's growth
Avoiding unacceptable risks
Compliance and environmental protection: CSR in family enterprises
Recession management for coping with economic cycles
Fighting financial squeeze
The trade-offs of mergers & acquisitions
The trade-offs of going public of family enterprises
Profit distribution policy in family enterprises
The development of professional owners and capable executives in family enterprises
Developing responsible owners in family business
Development of executives in family enterprises
Challenges and benefits of sibling-consortium in management of family enterprises
Preparation for succession in family enterprises
The challenges and benefits of non-family-management in family enterprises
Professional executive search for family enterprises
The trade-offs of incentive programs in family enterprises
The family is the destiny of the enterprise.