Management Mechanisms for the Family and the Business

Family council, family board of directors, outside/independent directors, family office, next generation/peer forum and management: which, among all of the foregoing, does the family owned business need? What is the role of each? How does one get them up and running? Are all of them necessary? Dorot’s many years’ long connections with leading consultancies in North America and Europe enable us to provide families with knowledge and experience in these areas, which are relatively new in Israel. For each family, we build the specific management mechanisms it needsin its present stage of the corporate lifecycle, and help it to choose the right non-family people and set the various forums in motion.