Building a Successful Family Business Board: A Guide for Leaders, Directors, and Families

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.

Author: J. Pendergast, J. Ward, Stephanie Brun De Pontet
Publisher: Palgrave MacMillan
Published: 03/08/2011
Pages: 263
Binding Type: Hardcover
Weight: 1.10lbs
Size: 9.30h x 6.10w x 1.20d
ISBN: 9780230111547

About the Author
JENNIFER M. PENDERGAST Senior Consultant of The Family Business Consulting Group, Inc. She specializes in strategic planning, family and business governance, family office structure, and facilitation.

JOHN L. WARD Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management, USA, and teaches strategic management, business leadership and family enterprise continuity.

STEPHANIE BRUN DE PONTET Associate of The Family Business Consulting Group, Inc. She specializes in building effective ownership teams and advising family enterprises facing important transitions.