Mission Governance for Covenant Families: The Family Legacy Series

Having a well-defined mission and governance structure is crucial for the success and longevity of any organization. This holds true not only for businesses and non-profit organizations but also for covenant families who want to preserve and pass on their values, beliefs, and legacy to future generations. In this article, we delve into the concept of mission governance for covenant families and its role in creating a strong and enduring family legacy.

The Importance of Mission Governance

Before we delve into the specifics of mission governance for covenant families, let's first understand why it is so important. Just like any organization, families too need a clear direction and set of values to guide their decisions and actions. A well-crafted mission statement serves as a compass, ensuring that every member of the family is aligned with a common purpose and vision.

However, having a mission statement alone is not enough. Mission governance provides the framework and structure necessary for implementing that mission and ensuring its continuity across generations. It involves setting up clear roles, responsibilities, and decision-making processes within the family, creating a sense of accountability, and fostering effective communication.

Family Legacy: The Official Guide to Building Multigenerational Wealth: Book 2: Mission & Governance for Covenant Families (The Family Legacy Series)

by J. R. Diffner(Kindle Edition)

5 out of 5

Language	:	English
File size	:	2081 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	90 pages
Lending	:	Enabled

FREE

Defining a Family Mission Statement

The first step in mission governance for covenant families is defining a clear and concise family mission statement. This statement should encapsulate the core values, beliefs, and principles that guide the family's actions and decisions. It should answer the questions of what the family stands for, its purpose, and the legacy it wants to leave behind.

To create an effective mission statement, it is important to involve every member of the family, ensuring that their thoughts and input are heard and considered. This not only fosters a sense of ownership but also helps in aligning the family's values and goals.

Furthermore, the mission statement should be revisited periodically to ensure its relevance and alignment with the evolving dynamics of the family. As the family grows and changes, the mission statement may need to be adjusted to accommodate new members, changing values, and emerging challenges.

Setting Up Governance Structures

Once the mission statement is in place, it is important to establish governance structures to ensure its implementation and continuity. This involves assigning roles and responsibilities to family members, creating a decision-making framework, and establishing communication channels.

Assigning roles and responsibilities helps in distributing the workload and fostering a sense of ownership and accountability. It ensures that each member contributes actively to the family's mission and allows them to develop their unique strengths and skills.

Creating a decision-making framework involves determining how decisions are made within the family. This can be through voting, consensus, or appointing a family council. It is important to ensure that the decision-making process is transparent, fair, and inclusive.

Establishing effective communication channels is key to ensuring that everyone is on the same page and that information flows freely within the family. Regular family meetings, newsletters, and digital platforms can be used to facilitate communication and keep everyone informed about family activities, events, and decisions.

Maintaining the Family Legacy

Effective mission governance is not a one-time exercise but an ongoing process. It requires regular review and assessment to ensure that the family's mission is being upheld and its legacy is being preserved. This can be achieved through periodic evaluations, family retreats, and open discussions.

It is also important to encourage younger generations to actively participate in the mission governance process. This helps in instilling a sense of responsibility and ownership from an early age and ensures the smooth transition of leadership and values across generations.

Additionally, documenting the family's history, values, and traditions can further strengthen the family legacy. This can be done through written records, photographs, videos, and other forms of documentation. Such records serve as a reminder of the family's journey and provide a deeper understanding of its values and beliefs.

Mission governance for covenant families plays a critical role in creating a strong and enduring family legacy. It provides the necessary framework and structure to ensure that the family's mission is implemented and its values are passed on through generations. By defining a clear mission statement, setting up governance structures, and maintaining regular communication, covenant families can shape their legacy and leave a lasting impact on future generations.

Family Legacy: The Official Guide to Building Multigenerational Wealth: Book 2: Mission & Governance for Covenant Families (The Family Legacy Series)

by J. R. Diffner(Kindle Edition)

5 out of 5

Language	:	English
File size	:	2081 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	90 pages
Lending	:	Enabled

FREE

The instinct for parents to sacrifice their time, money, and energy to see their children succeed is universal. But what about a parent’s grandchildren, great grandchildren and beyond? If you, parent, want your children to succeed, don’t you think they will want the same for their children? Their ability to do that well is directly tied to how you raise them. That is what the Family Legacy series is all about -- equipping parents to preserve the best of their family culture, improve upon it, and successfully pass it on to their children in a manner that will endure for generations.

Through their family, parents have no greater leverage point to see their deepest values, hopes and dreams expand exponentially over the ages. Indeed, as W. R. Inge said, “the best time to influence the character of a child is 100 years before they are born.”

In Book 2 of the series, Mission & Governance for Covenant Families, author, Jason Diffner, unpacks from a Biblical perspective what the father of multigenerational family building, James Hughes Jr., regarded as the surprising central strategy for family legacy success: building a governance system.