Corporate Governance

The involvement of owners in day-today management often remains substantial at family companies and the decision-making process tends to be largely informal.

In some many companies the decision maker is the family partner, which using his good management and knowledge of business, has led the business to find high levels of success. However, to provide continuity in time to the business, it is necessary to carry out a corporate governance that provides a structure that collaborates in the development of the business.

In the same line, in some cases the founders may want to move away from close involvement in operations and pass the helm to the next generation, or to outside executives. Founders and their families would then typically retain board membership after the succession, thus remaining involved with the company at the strategic level.

Corporate Governance can be defined as the principles, rules and procedures that regulate corporate bodies and structures. In this way they manage to generate good synergies and communication between the boards of directors and the boards of shareholders or any interested party.

To be able to carry out good corporate governance, a good work must be done in terms of management tools and mechanisms that allow greater transparency in terms of decision-making, internal and external regulatory compliance, succession plans, risk management and strategic plans and business tactics for the evolution of the business.

GCI Consulting makes a close accompaniment with the companies so that the elaboration of the corporate governance is carried out.