The Levant Family Business Podcast - Do You Need A Family Constitution?

Episode 3 – key insights on the topic of family constitutions in Lebanon.

Most successful and well-established family businesses have a family constitution. However, this document and practice has still not been widely adopted by Lebanese family businesses.  Episode 3 clearly and simply explains the key elements of family constitutions and provides a step-by-step approach for implementing a useful and family aligned constitution.

KEY QUESTIONS

– What is a family constitution?
– How do you start the process of implementing a family constitution?
– What are the benefits and pitfalls of a family constitution?

Hosted by Cherine Debbas – co-founder of AGW Family Business Advisory and Farida El Agamy – General Manager of The Tharawat Family Business Forum.

A family constitution can be hard to define as there is no accepted international definition for the term. However, a family constitution is generally considered as a set of documents that regulate the relationship between family members of a business-owning family. – Farida El Agamy

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.