When its purpose becomes clear, the council then sets…

When its purpose becomes clear, the council then sets up its operating principles and policies. This includes how membership in the family is defined, how council members are selected, how often they meet, what they do, what their roles and responsibilities are, what compensation will be for family governance work, how decisions are made, how their role as liaisons with the business and the business board will work, how family employment policies will function, and which subcommittees will be formed.

— from The Flight Plan (Purpose/Wisdom/Risk)

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