The three-circle model tells us that the intersection of family, business, and ownership roles creates complexity in family businesses. Banyan’s Four-Room model builds on this foundation to show how the authority of those key family business roles can be defined and how the roles relate to one another. Designing an “Owner Room” where owners can speak into business decisions at the appropriate level is essential to long-term business survival. This panel will explore how several families are “building out” their Owner Rooms to allow appropriate engagement of family owners into the future and will offer several practical examples to show how Owner Rooms can function.
Roy Jones, Cathy Family Office
Moderator: Marion McCollom Hampton, Sr. Partner Banyan Global Family Business Advisory