Somali, S.A.

  • Reference: SM-1527-E

  • Number of pages: 7

  • Geographic Setting: Italia

  • Publication Date: Jan 11, 2013

  • Source: IESE (España)

  • Type of Document: Case

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Description

The case demonstrates the need to implement a professional system for the evaluation and assessment of executive management, both for family members and others, based on objectives and budgeting within the family business. It also highlights the need for tools and formal bodies to serve as a framework for debates regarding, on the one hand, business matters (shareholders' meetings, Board of Directors, Steering Committee) and, on the other, family matters (family council).

Keywords

Board of Directors Family Business Performance Evaluation