KPMG, in conjunction with WomenCorporateDirectors' (WCD) Thought Leadership Council, developed this whitepaper via interviews with 20 commissioners, from five continents. Each commissioner has decades of experience , as a family business owner, board member, or advisor.
Family businesses represent a significant portion of total businesses globally – yet very few of these businesses survive into the third generation and beyond.
A strong board can give family businesses an edge – directors with experience and diverse skill sets who can help guide strategy, oversee risk, and develop future leaders.
This thought leadership whitepaper goes beyond the “what” and gets into the “why” and “how”:
How strong governance is enabled by clarity, culture and communication
How to build strong boards that have the right skills and the right fit
How to work effectively as a board member to drive long term value
And how directors can help cultivate and motivate talent- all the while navigating family dynamics that can be challenging at times