The Pearl Initative hosted a webinar broadly discussing the various elements of family business governance and delve more deeply into the role family business boards play in strengthening family business resilience.

The following topics were discussed:

  • Family governance and its benefits
  • Deciding who should participate in the business and in what role
  • Using charters, ground rules and constitutions
  • Establishing effective decision-making plans
  • Commonly adopted board structures for family businesses
  • Advisory vs fiduciary board
  • Evolution of board structure
  • Role of the next generation in family business boards
  • Role of technology in the boardroom

The conversation between Farida El Agamy, General Manager of Tharawat Family Business Forum and Yasmine Omari, Executive Director of Pearl Initiative, shed light key trends and challenges in governing modern and traditional family businesses. Discussions on the benefits of governance, the evolution of the board structure and the role of the next generation in family firms were touched upon during the webinar.

Click here to watch the full webinar.