The Levant Family Business Podcast - Formalizing The Board Of Directors

Episode 1 – Benefits and pitfalls of setting up a family business board of directors.

Did you know that 72% of US-based family business have a formal board of directors? Estimates suggest that in the Middle East the percentage of family businesses with a formal board of directors is significantly lower than this.

Setting up a board of directors is a clear signal of strong governance practices in both family owned and non-family owned companies. However, setting up a board of directors is not an easy thing to do.

KEY QUESTIONS

– What advantages can a board of directors bring to the family business?
– What are the challenges of setting up a formal board?
– What are the steps you can take to establish a board of directors? 

Hosted by Cherine Debbas – co-founder of AGW Family Business Advisory and Farida El Agamy – General Manager of The Tharawat Family Business Forum, episode 1 creates a dialogue to explore this relevant topic.

You can listen to the full series of The Levant Family Business Podcast on www.soundcloud.com/tharawat

This podcast series is designed by The Tharawat Family Business Forum and produced in collaboration with AGW Family Business Advisory. More information on www.tharawat.org and www.agw-advisory.com.