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Designed for families planning to draft a Family Agreement, families deciding whether or not to begin the process, and those that have already established a Family Agreement, this book illustrates the fundamental components and their importance to the success of the family business.

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Foreword
The Fundamental Components of a Family Agreement
What Shapes the Family Agreement
Purposes of Family Agreements
The Contents of Family Agreements
It´s the Process That Matters
Types of Family Agreements
Successful Conditions for Developing Family Agreements
Afterword
APPENDICES
I. Family Philosophy Statement Example
II. Owners´ Contract
III. Family Business Protocol
Notes and Suggested Readings
Web Sites
The Authors
Index

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´The authors address a most critical and delicate topic in a concrete and thought-provoking way, without imposing pre-defined solutions. It is clear that the book is a result of practical experience. Anyone concerned about their family business should read it, even if they have not yet planned a family constitution, to reflect upon the future.´ - Michele Alessi Anghini, CEO, Alessi Spa, Italy ´The Concept of a ´Family Constitution´ is a powerful one. Not just for the ´family´ but also for the non-family executives. Daniela Montemerlo and John Ward´s book provides both a comprehensive framework for understanding the subject and also a very thoughtful approach on how to execute it well. It will be of value to those about to develop or revisit a family agreement or constitution. I totally subscribe to their premise that it´s the ´going through the process´ rather than ´striving for the perfect document´ which is the outcome where real value for both business and family is realized.´ - John Varley, Non-family CEO, The Clinton Devon Estates, Devon ´The authors have combined their theoretical preparation with their wide practical experience, giving us a new, very actual vision on family constitutions´ formulations and on their effect over time.´ - Gioacchino Attanzio, CEO, AldAF, Italian Association of Family Firms, Italy ´The book provides an insight to a structured way of creating a family constitution which addresses all possible issues. Personally, we as a family would not have been able to make such a robust constitution for our business without the help of this book.´ - Rohit George, AV George Group of Companies, India

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DANIELA MONTEMERLO Professor of Business Administration at Bocconi University, Italy, Senior Faculty Member of the Strategic and Entrepreneurial Management Department at Bocconi School of Management and a Member of the Family Business Consulting Group International.

JOHN L. WARD Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management, USA, and teaches strategic management, business leadership and family enterprise continuity.

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