CSE targets family businesses

In a bid to attract family-owned businesses, the Colombo Stock Exchange (CSE), in association with the Ceylon Chamber of Commerce, has organised a workshop titled 'Family Businesses Going Public - What's needed to make it work', for decision-makers of unquoted family-owned companies.

A statement by CSE said that the workshop to be held on November 3 will be an ideal forum for family owned businesses to gain an insight on important factors in running and sustaining a family business. Participants will be able to learn how to turn barriers into opportunities, the power of sharing control with outsiders and how transparency will professionalise family businesses.

This interactive workshop conducted by a consultant and educator on strategic planning, governance and succession topics for family owned businesses, Albert Jan Thomassen, Associate of The Family Business Consulting Group Inc. Netherlands will also deal with the issue of attracting and retaining talent, selection of non executive directors, working with non family executives and changing role of the family in the business and developing effective family business governance.