Family Meetings: Purpose, Pitfalls, & Practices

Don Opatrny and Keith Michaelson of the Lovins Group join The Family Business Podcast to discuss the role of family meetings in family enterprises and offer some practical ideas for improving your family’s family meetings.

Family meetings play an important role in family business governance. They are an opportunity to grow the capacity of the family to meet challenges together, as a family, and create space to succeed in what the Don and Keith refer to as, “the task of family.”

We will explore ways of creating effective family meetings; how family meetings fit into overall governance; and how effective family meetings can make all other meetings attended by family members, including ownership and management meetings, go more smoothly.

The Lovins Group works with enterprising families to maintain healthy relationships and minimize risks as they move through generational transitions. The Lovins Group helps these families to formulate a shared purpose and design structures and processes for organization and governance that support progress toward their goals.

www.LovinsGroup.com