New services for the board of directors of family businesses
Continuum AG, a consulting firm specializing in succession processes and business development, has developed a new catalog of services for administrative and family councils. This is now available.
The chairman of the board of directors and/or family council should be able to concentrate on the essentials. Both in boards of directors and in already established family boards, it is often the chairman who spends the most time on administrative and organizational work. He is also often left alone with the pre- and post-processing tasks. In addition, the minutes are perceived more as a duty than as an important instrument.
Discharge for the Board of Directors of Family Businesses
For this reason, Continuum AG has developed new offerings that are designed to sustainably relieve the president and his members in the board, increase professionalization, and bring about a constructive outside view. Three modules are available for each board:
- The "Basic" module with basic services such as the organization of administrative and family council meetings and their follow-up or the creation and control of pending lists.
- The second module "Evaluation" includes for the Board of Directors, among other things, the GL evaluation and compensation or even the annual check and for the Family Council, for example, the revision of the family constitution as well as reflection with NextGen and key persons.
- In the Board of Directors, the "Specific" module deals with the development of a risk radar, the creation of a function diagram and provides support in the development of organizational and business regulations. In the family council, among other things, family communication is examined, conflict management is carried out by means of mediation, and workshops for the shareholder agreement are also conducted. The client can thus decide for himself with which individual elements his own needs are to be covered.
Cooperation with partners
The range is complemented by the use of Continuum AG partners who have competencies in corporate and family governance, have protocol expertise, and are also trustworthy and bring experience from their own board mandates.
