Navigating Board Level Hiring for Family Businesses

In the world of family-owned enterprises, the boardroom is more than just the seat of power and home of decision-making.

It’s where much of the vital work that helps protect the future of the business takes place, often within a context of complex family dynamics, debates over levels of governance and the delicate balance between investing for the future and drawing down dividends.

As a result, the challenge of appointing non-family board members and executives within such businesses goes beyond the conventional criteria of assessing qualifications, experience, career aspirations and approach. Searches of this nature necessitate a more sophisticated and nuanced approach.

Engaging an experienced search professional with specific expertise in managing the intricate dynamics of both the family and the business is often the most effective approach.

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Content provided by FBUK corporate partners, Redgrave.