Friday, July 3, 2015

Al Said Family and World Trading Company: Exploring Family Business Governance

CARLOCK Randel
©2015 INSEAD Case Study
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Growing family businesses need to create new governance structures to ensure the alignment of family expectations with the needs of the business, as well as accountability. As the family and business mature, and ownership/management functions are separated, the role of the family is increasingly one of governance. Alignment of family and business governance processes among family, owners and management is therefore an important family responsibility.