Simple techniques to enhance the governance of a family business /

The use of simple governance techniques at a hypothetical family business (called ABC) will be beneficial. Good governance leads to a better relationship among stakeholders, increases the effectiveness of family institutions and board work and activates unknown potential at the firm through better p...

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Bibliographic Details
Main Author: Yacuzzi, Enrique Antonio 1948-
Format: Book
Language:English
Published: Buenos Aires : Universidad del CEMA, 2013
Series:Serie documentos de trabajo (Universidad del CEMA) ; no. 517
Subjects:
Online Access:http://www.ucema.edu.ar/publicaciones/download/documentos/517-2014.pdf
Description
Summary:The use of simple governance techniques at a hypothetical family business (called ABC) will be beneficial. Good governance leads to a better relationship among stakeholders, increases the effectiveness of family institutions and board work and activates unknown potential at the firm through better principles and practices. Tools proposed are: (1) A new and flexible family business governance indicator, developed for this paper; (2) Hoshin management; and (3) Effective meeting technology. The three techniques interact in a systemic mode. The indicator allows measurement of how family business governance evolves through time in a company and facilitates comparison between different companies´ governance. Most importantly, it is a checklist and roadmap to better governance. Hoshin management is a generic planning method that can be used to build a governance improvement plan. Effective meetings facilitate planning and control and in this sense they are a tool for governance improvement. This paper is mainly based on the following sources: IFC (2008), Yacuzzi (2005 b, 2007, 2008, 2012), Yacuzzi et al. (2011), Naiberger & Yacuzzi (2009). To an important extent, the paper´s organization is based on Yacuzzi (2012).
Physical Description:38 p.
ISSN:1668-4575