Secrets of long-lasting family businesses discussed in seminar

MANILA, Philippines -  The most successful family businesses that lasted for generations have the right family governance system and a solid family constitution. To run the family business successfully, it is important to first manage all family business stakeholders effectively. 

Having the right family governance framework is the answer. It’s been proven worldwide that those family owned companies who have instituted the right family governance system are stronger and more united as a family in business, better at resolving conflicts, more competitive compared to others, are able to rapidly grow their businesses, have faster and better quality of decisions and more effective with their board and stakeholders.

To help family businesses succeed in this area, the Center for Global Best Practices (www.cgbp.org) is holding a special seminar titled “Best Practices In Family Business Governance & Crafting Family Constitutions” on June 9 & 10 at the Edsa Shangri-la Hotel, Mandaluyong City.

This 1.5-day special program will feature CGBP Family Business Center program director Ricardo Hizon Mercado, MBA. He s a professional lecturer; and past director of the Family Business Development Center of the John Gokongwei School of Management of the Ateneo de Manila University.

This is a limited-seats-only event and pre-registration is required. For more details, visit www.cgbp.org. You may also contact CGBP at (02) 556-8968/69 (Manila) and (032) 512-3106/07 (Cebu).