Family leaders should ask their stakeholders three important questions:
•
Why
are we doing family governance work?
•
What
are we trying to accomplish?
•
How
will we accomplish our goals?
These questions help define a vision, develop the family and build a path to long-lasting and productive business-family relationships across generations. They also help identify anything that isn't working within the family structure, creating an opportunity to address concerns before they escalate.
Asking the right questions engages family members, giving them a chance to express their ideas and be heard, and provides valuable insight into the family's tone and tenor.
-
2691 reads