FBUK Magazine Edition 2 December 2024

FBUK Communities

It’s important for people in a family business to have a trusted network of peers outside the family and business to share experiences with, seek advice from, and draw support. Central to FBUKs’ work are private, curated communities of family business members who share a common interest or role in the family business world. FBUK Communities provide a forum for peer-to-peer networking, sharing of advice and experiences, and access to subject matter experts. Members of each Community decide what topics to discuss, how they interact, the type of events they have, and how often.

In our first year of launching the FBUK Community initiative, we established a number of groups:

NextGen Community To give younger family members a safe space to build close connections with fellow future leaders, our NextGen Community meets to hear from inspiring speakers and thought leaders. They stay connected throughout the year through a range of social events and their own social media group.

Chairs Community Company Chairs experience unique challenges: hiring and managing CEOs, setting remuneration, constructing and managing boards and committees, and overseeing generational change. This Community shares experiences and helps the wider family business community by supporting those recently appointed or designated to take up a Chair role. Policy Community For those keen to help shape our work with politicians, policymakers and regulators, this group consults on key policy areas and issues to ensure the needs and views of family businesses are represented amongst those setting the regulatory landscape.

Non-family Executives Community

This group, comprising senior non- family business leaders, comes together to share the unique experience and perspectives associated with leading a family business from the position of not being a family member themselves.

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