Family policies
Family polices can contribute immensely to the strength of a family enterprise by clarifying what happens in areas where the distinct interests of family members and the enterprise overlap, which are often the areas that can be the source of conflicts. For example
- How family members can get a job in the family enterprise?
- How their careers will be developed?
- What they’ll be paid?
Click here to obtain guidance on how to create a policy on Employing and Remunerating Family Members
Family Policies can also govern how a family express their Shared Purpose (Mission, Vision Values and Life Aspirations). For example
