Money Bag's Relatives - The Success Path of Family Businesses: The Success Path of Family Businesses (A globally sensational management book on family businesses)

Author: Scott E. Freeman
Publisher:
Publish Date: 2002-09-01
Features: The family council and the board of directors are two important tools discussed in this book. These independent discussion topics are conducive to forming sound decisions and effectively strengthening conflict management in family businesses. My view is that any family engaged in business is playing with fate if it lacks an independent board of directors with external members, a family council that can discuss sensitive issues of running the business, and rules that define rights and responsibilities, management, and ownership within the family.