Under Dubai Chambers, the Dubai Centre for Family Businesses has introduced three new advisory services aimed at strengthening governance practices and driving sustainable growth across the emirate’s family-owned enterprises. These services align with the Centre’s long-term strategy to support succession planning, business continuity, and global competitiveness.
Strategic Support for Generational Resilience
The newly launched services are designed to future-proof family businesses by addressing governance challenges and succession gaps. By improving operational structures and fostering proactive leadership, the Centre seeks to ensure these enterprises remain critical contributors to Dubai’s evolving economy.
“Family businesses remain a vital engine of growth, diversification, and innovation within Dubai’s economy,” said Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. “Ensuring their continued success is essential to enhancing the emirate’s competitiveness and driving sustainable long-term growth.”
He emphasised the Centre’s role in helping companies adopt international best practices, reinforcing Dubai’s position as a global investment destination.
Three Services Focused on Governance and Growth
The Dubai Centre for Family Businesses has launched the following advisory services:
- Current‑State Assessment & Family Constitution Review: This service offers a full evaluation of a family business’s governance structure using a digital assessment tool. It benchmarks existing constitutions against regulatory norms, identifies performance gaps, and recommends actions to mitigate risk and support long-term alignment.
- Family Constitution Drafting: Tailored to foster unity, this offering includes structured interviews and workshops to create a governance roadmap. It defines shared values, succession procedures, decision-making structures, and role distribution, aiming to minimise internal conflict and ensure clarity.
- Family Office Blueprint: Designed for wealth management and legacy preservation, this program helps families define service scopes, create structural frameworks, and plan staffing requirements for new family offices. It ensures governance remains consistent with the family’s long-term goals.
Why These Services Matter
These advisory tools are expected to deliver wide-ranging benefits:
- Improved Governance: Enterprises will operate within clearer, more robust governance frameworks that promote accountability and strategic clarity.
- Greater Cohesion & Efficiency: Customised processes and stakeholder engagement reduce conflict and streamline decision-making.
- Legacy & Leadership Planning: Businesses are better prepared for generational transitions, with clear succession strategies and leadership pipelines.
Launched as part of Dubai Chambers’ broader efforts initiated in May 2023, these services complement existing programmes focused on succession planning, leadership development, and governance awareness. Ultimately, they form a key pillar of Dubai’s economic strategy to foster resilient, innovation-driven family enterprises well-prepared for the future.
