Policies & Procedure for Family Business
Introduction
This practical training program is designed with:
- 16 hours training
- 03 months one-on-one coaching
How you will benefit
- Understand the importance of clear and well-defined policies and procedures in a family business.
- Develop and implement a comprehensive policy manual covering key areas such as human resources, finance, operations, and safety.
- Learn to create and document standard operating procedures (SOPs) for key business processes.
- Enhance internal controls and minimize operational risk.
Improve efficiency and productivity through standardized processes. - Ensure compliance with legal and regulatory requirements.
- Communicate policies and procedures effectively to all stakeholders.
- Regularly review and update policies and procedures to ensure their effectiveness.
Who should attend
Families in Business: From Generation to Generation is intended for teams of business family members, such as:
- A chief executive officer [or top family business leader(s)] and his or her spouse
- Children of the business leader(s) and their spouses
- Siblings and their spouses/partners
- Cousins and their spouses/partners
These family members might be:
- A manager or an employee
- A board member
- A shareholder
- An interested relative, who may be an in-law
What you will cover
- Employment and family policies those clarify expectations
- Integrating your child into your company
- Closing the generation gap
- Creating an organizational chart of your family business
- Managing unproductive partners
- preventing deadlock
- Engineering the entrepreneurial spirit
- Sibling partners need an openness policy
- Achieving unity in a large family
- The right way to make decisions
- Splitting the business to unify the family
- The secrets of successful family business successors
- How to introduce your successor to key outside stakeholders
- When the successors don't take charge
- When to recruit an interim leader
- The best fit corporate structure
- Building an effective board
- Designing a family business governance structure
- Creating a family holding company
- Building a family code
- Building a family ethic policy
- Why do you need a policy on prenuptial agreements
- Transitioning to equitable base pay for family employees
- Executive compensation strategies for private companies
- Is an ESOP appropriate for your company
- Developing a strategic plan
- Diversifying your holding
- Creating value through strategic acquisitions
- Financial best practice for family businesses
- Agreement with relatives should be put in writing
- Dividend policity
Schedule
Tokyo
$6,000
12-Week, 02 Jun 2025
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