FAMILY GOVERNANCE SERVICES

We believe that a family business can only be successful across generations if the entire family works together as one team towards the same objectives. This is the reason why The Executive Lounge, through its family governance services in Dubai, is thoroughly committed to supporting the family enterprises with forward-planning, succession management, and conflict management.

Family Governance Services

Family governance services include but are not limited to:

  • Business succession
  • Family values and strategy
  • Compensation models for management & the supervisory board
  • Promotion of entrepreneurial skills
  • Developing future generations
  • Drafting a family constitution

Family governance services include but are not limited to:

  • Promoting a fair treatment within the family
  • Dealing with advisors
  • Recruiting managers external to the family
  • Inheritance and ownership
  • Family involvement
  • Transfer of shares within the family
  • Effective communication within the family…

Family-run businesses are the mainstay of the UAE economy. Secured by human values and adapted towards the long term, they make it conceivable to avoid the excesses of financial capitalism. The Executive Lounge works with Dubai’s top family businesses and is adept at helping you with family governance services that express your values through succeeding generations. Get in touch with us if you need help in developing an appropriate family governance framework.