23/04/2014
Eastern Chamber issued the seventh issue of the Report of the family business
"Family": variables economic sector has forced companies to switch to contribute
Family publication issued by the Chamber, represented by the Department of public information in number – VII – highlighted the attention of many family firms to proceed with the action shifting to the contribution as a result of the evolution of its work and to achieve the objectives of the expansion projects. Through the pages of the newsletter provided important information about the seminars and training programs to sensitize family businesses and explain the right way towards transformation and turn over the reins to founder new generation scientific smooth transition without any problems, the role of the Charter of the family in the protection of property and individuals of dispersion and loss. Through the pages there is a dialogue with businessman Saleh Alsaid ', FAL ' President and former Chamber Board member and head of entrepreneurs, he said that turning the family business contribution is normal for any work of the founders, a gradual evolution to companies wishing to develop and improve its work, noting that it has become necessary to contribute to progress, pointing out that the economic sector of forced many to move.
He said during the meeting that the regulations in this area are evolving rapidly as the official governance and legislation has become a modern and clear procedures to facilitate the task of family businesses and this is encouraging them, stressing that corporate family witness of change will bring added value to the economy and to the size of their investment, and would contribute to creating more jobs and raising per capita income, family business owners have no choice but to catch up, and transform their companies into joint stock companies to ensure the continuity of the business, especially after The departure of the founders. Highlighted in the new bulletin details ' Forum governance in family business 2014, which is organized by the East Chamber early May entitled ' challenges the continuity of generations ' under the auspices of the Minister of Commerce and industry Dr. tawfig alrabiah in Dammam.
Specialized pages included in most studies and research in this area, along with several reports on the most important family business and achievements that were achieved worldwide after becoming so reviewed company ' Carrefour ' that provide a model for partnership ' successful ' between the two businesses. This world famous trademark, and her name is widespread, is the daughter of a partnership between the family thought difori weforner. In 1958 agreed Louis difori Louis Defforey and Marcel Fournier Marcel Fournier to the retail company in France, this company was the nucleus of the second largest retail company in the world, after the company and Wal-Mart. In 1961, the company was established bromodis family-owned Promodès Halley, which came later in strong partnerships with Carrefour, evolved to become the largest family of Halle is the owner of the shares in Carrefour, while family Foundation, a small percentage of the shares. Most published statistics on women's participation in the family business.
