Learn about making family business last for generation

The most successful family businesses that have lasted for generations have the right family governance system and a solid family constitution.

The Center for Global Best Practices (CGBP) is holding a special seminar entitled “Best Practices In Family Business Governance & Crafting of Family Constitution” scheduled on Saturday, Oct. 22 at the Makati Diamond Residences, Makati City, Philippines.

To run a 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 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.

The one- day special program will feature lawyer Jim V. Lopez, a three time National Book awardee who has authored seven books including Asset Protection Law and the new book on Secrets of Family Business Law Declassified. He specializes in helping family business owners in their legal issues and has differentiated himself in crafting family constitutions incorporating the use of the law in creating binding agreements in all areas of family businesses.

Another lecturer is Jacob Cabochan who was the director of the Family Business Development Center of the John Gokongwei School of Management of the Ateneo de Manila University (2012 to 2013) He specializes in facilitating family businesses in crafting their family constitution and regularly gives talks on Family Enterprise Management, Family Constitution and Professionalizing the Family Business. He will share his extensive research, knowledge, expertise, experiences and lessons learned being a family business owner himself and a shareholder of other family businesses.

For details and a complete list of best practices seminars including Board Effectiveness Best Practices, Contract Law for Non-lawyers, Best Practices in Performance-Based Compensation, Best Practices on How to Structure Your Salaries, Wages and Benefits To Save On Taxes, How To Set-Up an Internal Audit System, Master Parliamentary Procedures in Board Meetings, and many more, you may log on to www.cgbp.org or call (02) 842-7148/ 59 and 556-8968/ 69, Cebu lines: (032) 5123106 or 07 or Baguio line: (074) 423-5148. Interested participants are encouraged to avail of the group discounts for three or more participants. Attendees 21 years and below will also get additional 20% discount on top of other offered discounts. This is a limited-seats-only event and preregistration is required.