“Enterprising families that are not aligned around key issues cannot expect to last,” CFA Travis Harms claims. What issues should enterprising families be aligned on?
Shareholder alignment, according to Harms, is the unified perspective among family owners concerning major issues that face the business. Usually, this means a unified perspective on succession, governance structures, and values.
Alignment should also extend to three financial principles. Read about the principles—and steps to take toward alignment—in “The Quest for Shareholder Alignment.”
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