Family Council Handbook

Families around the world disintegrate due to a variety of reasons: difference of opinions, gap in value system and aspirations, and hurt in relationships. However, select families around the world have not only managed to preserve their togetherness, but have thrived well despite internal and external challenges. What differentiates these families from others? They share certain characteristics: presence of a strong internal champion, shared vision and goals, decision making mechanism, platforms for family and business communication amongst others. However, the key characteristic for their success is the value placed on “Family Bonds”.BAF Consultant’s Family Council Handbook is designed with the aim to guide family businesses on developing skills and abilities to continuously nurture, enrich and strengthen the family relationships through a platform called the “Family Council”. The core purpose of this platform is perpetuation and growth of both family and business and welfare of all the members. Read more