Short and intensive program offering support and training to entrepreneurs which expedites the development process of a commercialization strategy.
Group of individuals (outside the entrepreneurial family), who are entrusted by the family and is consulted when making important decisions.
Any group of people outside the enterprising family that are trusted and consulted when important decisions are being made.
Bearing in mind your message and environment when communicating with family members to avoid misunderstandings, conflict, and inappropriate behavior.
The governance decision that members of the family will naturally inherit ownership or leadership within the enterprise.
Experienced business experts of rich and varied backgrounds who support the intrapreneur throughout the duration of his/ her Intrapreneurial journey.
The governance structure where the enterprising family will enforce a system of meritocracy rather than entitlement.
Any person outside the family business that is trusted and consulted when important decisions are being made.
Often categorized into ownership/management/family, family business roles are any role played by a member of an enterprising family. Ex: Mother, Chief Emotional Officer.
A family diagram (tree) that maps out your family and their involvement in the family business.