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Ownership - Roles and Responsibilities

Roles and Responsibilities

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In most organizations, owner’s roles and responsibilities fall into place quite naturally. If you are a single owner, you probably see yourself doing many of these things already! It is recommended that you take time to recognize and evaluate each owners roles and responsibilities every so often to make sure all business needs are addressed. It is normal for roles and responsibilities to evolve over time; the only consistent should be your ability to be a responsible owner.

Active Owners

(Involved)

Involved
Participative
Transitioning

Passive Owners

(Interested)

Non-Active
Aspiring

Responsibilities

  • Custody & Protection of All Family Assets
  • Growth & Development of the Economic Assets of the Family
  • Supporting the Next Generation as Future Owners
  • Family Funding Mechanism for Selected Activities, Initiatives & Legacies
  • Coordinating & Facilitating Effective Communication in Family System




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Preamble
Emotional Ownership
Conclusion
© Family Enterprise Foundation, 2016. All rights reserved.
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