The "Emergency Envelope": Planning for the Unthinkable
Governance isn't just about 20-year plans; it’s about what happens tomorrow if the CEO doesn't wake up. Every family business needs an "Emergency Envelope", a digital or physical file that contains:
· A 90-day interim leadership plan.
· Key banking and legal contacts.
· A communication strategy for employees and top clients.
Knowing there is a plan for the "unthinkable" reduces anxiety for the family and provides vital stability for the bank and your staff during a crisis.
To learn more about the Academy of Family Business, our curriculum and our coaches, please email us at: info@myAFB.org

