Negocio de Familia-Institucionalización

Ideal for entrepreneurs, successors, and leaders of family businesses.

The institutionalization process establishes the organized transition of a family business managed through personal relationships into an organization governed by rules, structures, and predictable criteria. Institutionalization brings order, discipline, and structure. It does not eliminate the family—it organizes it. Without institutionalization, growth stalls, succession turns into conflict, and the business becomes exposed to administrative improvisation. Institutionalizing means creating continuity beyond individuals. It is about professionalizing management without losing identity. It protects both the family from the business and the business from the family.

Presentator: Manuel Morales, Jr.

Founder of six family businesses. Board member of four family-owned companies. Author of three books on family entrepreneurship. Professor of the Family Business course at the Metropolitan Campus of the Inter American University and instructor on the subject at the Puerto Rico Society of CPAs.

Topics to be covered:

• Dynamics, succession, governance, institutionalization
• Processes for order, discipline, and structure
• Without processes, conflicts will arise when it is already too late
• Ensuring continuity, coherence, and decision-making capacity
• Institutionalization as a pillar of the business