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SFM Conseil assists family businesses in defining the governance model best suited to their organization
Good governance is a key factor in the success of family structures, ensuring their longevity and sustainability.
It is critical to put in place a secure, long-term organization and rules that can pragmatically manage the company's affairs, ensuring efficient, rational and successful governance while maintaining the family character of the business.
The choice of governance model must be aligned with the company’s vision, values, strategy and medium- and long-term objectives.
Family business governance is therefore based on a balance between shareholder governance, family governance and corporate governance:
- Shareholder governance concerns managing the relationship between shareholders and the C-suite
- Family governance supports the company's vision, strategy and values, and guarantees its long-term future
- Corporate governance involves defining the strategic vision and setting up the various governance bodies ( board of directors, supervisory board, management board, committees, etc.)
Today, governance models have evolved and it has become crucial to integrate independent external members into the round table to facilitate access to knowledge and expertise that the family does not have, especially if it intends to transcend generations and perpetuate its business.
Our Family Business experts will work with you to assess your situation, understand your needs and propose a governance model that best suits your organization, your business and your ambitions.
