We strengthen corporate governance in your family business.
Why is it important to strengthen corporate governance in family businesses?
Family businesses often face unique challenges due to the overlap of family and business dynamics. One of the main issues is the lack of clarity in roles and responsibilities; without a defined structure, conflicts and ineffective decision-making can arise. Implementing corporate governance in a family business establishes clear frameworks for more effective decision-making aligned with business objectives.
Without proper planning, generational transitions can jeopardize business continuity. Additionally, professionalizing management is a key challenge, as it is essential to balance family tradition with modern business practices to compete effectively in today’s market.
Lack of clarity in roles and responsibilities
Challenges in generational succession
Difficulties in professionalizing management
Corporate Governance in Family Businesses that Drives the Legacy
At Valor Humano Latam, we understand the importance of solid governance for the success of family businesses.
Design and Implementation of Governance Bodies
We establish boards of directors and family councils that facilitate strategic decision-making.
Definition of Clear Policies and Procedures
We set guidelines that define roles and responsibilities, promoting transparency.
Advisory on Succession Processes
We guide families in planning and executing successful generational transitions.
Governance Transformation in a Latin American Family Business
Leadership, Structure, and Growth
A well-defined governance structure brings multiple advantages.
More Efficient Decision-Making
We establish boards of directors and family councils that facilitate strategic decision-making.
Promotion of Family Harmony
Clarity in roles and expectations reduces family frictions.
Long-Term Sustainability and Growth
A strong corporate governance structure in family businesses positions them to confidently face future challenges.
Situation Analysis and Reflection
We guide families in reflecting on the future of both the family and the business through group and individual awareness sessions.
Continuity Scenario Analysis
We conduct risk and opportunity assessments to define the Family Strategic Plan.
Implementation
We activate governance bodies and strengthen the family office.
Development of a Family Protocol
We establish the “rules of the game” for the business-family-ownership system, covering mission, culture, and values.
Guidelines for Business Management and Leadership
We help define family agreements on succession, retirement, compensation, and responsibilities.
Succession Support
Including transitional coaching for both generations.
Frequently Asked Questions
Corporate governance strengthens decision-making, promotes transparency, and ensures the sustainability and growth of the family business.
It is the set of rules and practices that align family and business interests to ensure the continuity and professionalization of the company.
It refers to the implementation of formal processes and structures that separate business management from family dynamics.
Typically, it includes a structure with governance bodies such as the Board of Directors and the Family Council to balance decision-making between the family and the business.
