CRAIG E. ARONOFF Co-founder, Principal, and Chairman of the Board of The Family Business Consulting Group, Inc., the founder of the Cox Family Enterprise Center and current Professor Emeritus at Kennesaw State University, USA. He invented and implemented the membership-based, professional-service-provider sponsored Family Business Forum, which has served as a model of family business education for universities world-wide.

JOSEPH H. ASTRACHAN Principal in the Family Business Consulting Group, Inc., Wachovia Eminent Scholar Chair of Family Business, Professor of Learning and Professional Development, and Director of the Cox Family Enterprise Center at the Coles College of Business, Kennesaw State University, USA. In addition he is Distinguished Research Chair of Family Business at Loyola University Chicago's Business School, USA.

JOHN L. WARD Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management, USA and teaches strategic management, business leadership and family enterprise continuity.

A guide to creating policies that assure fairness, consistency and efficiency in decision making

Introduction: A Wonderful Gift
What Policy Making Can Do for Your Family and Your Business
How to Develop Your Policies
What Policies Do You Need? and When?
Shareholder Agreements
Other Policies to Consider
One Policy, Two Ways
A Word About Implementation
Summary
APPENDICES
Appendix A: Family Business Policies to Consider
Appendix B: Sample Conflict-of-Interest and Self-Dealing Policy
Appendix C: Sample Philanthropy Policy
Index