Governance Models Checklist

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1.  My family business has a formal governance model.
Yes
No
Unsure
2.  We hold family council meetings separate from Directors meetings.
Yes
No
Unsure
Yes
No
Unsure
3.  I feel governance models have largely been pushed aside in our company.
Yes
No
Unsure
4.  In my company, there is an alignment of goals between management and ownership.
Yes
No
Unsure
5.  All family owners understand the shareholdings they own.
Yes
No
Unsure
6.  We have hired a third party to chair our Directors meetings to ensure everyone follows the pre-established agenda.
Yes
No
Unsure
7.  All duties and responsibilities of empoloyees, management, and directors are clearly documented to monitor performance and accountability.
Yes
No
Unsure
8.  Management and Directors understand and strive towards a common corporate vision.
Yes
No
Unsure
9.  We have an HR manual for the company.
Yes
No
Unsure
10.  We have a healthy conflict resolution forum in our company.

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