Family Business Governance provides holistic advisory services to family corporations in the Gulf region. It aims to assist family businesses with planning, structuring and governing their corporate structures in an institutional manner to ensure the achievement of their strategic goals while assuring the continuity of both their business and family legacies for generations to come.
Under this service, VANGUARD provides the following:
- Determination of the strategic direction and the strategic plan of action for the organization.
- Ensuring synergy of organizational structures within the strategic plans.
- Implementation of corporate governance and effective restructuring of family businesses.
- Development and implementation of employment policies for family members and identification of career and management development programs.
- Determination of remuneration practices and systems for rewards and benefits for family members.
- Development and implementation of both management and ownership transition plans.
- Crafting and implementing holistic succession plans.