Thursday, October 26, 2017
A pre-conference workshop for owners, family members, and students
Time: 9:00 am - 5:00 pm
Location: Breazzano Center, 209 Dryden Road, Ithaca NY
The most common question of a family business owner - how and where do I start to think about transitioning the business?
Throughout the life of a family business, naturally-occurring transitions take place. Predictable family business transitions include acquisitions, leadership succession, shifts in services or products, transfer of wealth, disruptive relationship challenges, and the marriage, divorce, illness or death of key leaders. Whether these transitions are smooth, leading to opportunities and growth, or rough, resulting in a full-blown family or business crisis, depends to a large degree on the maturity and conversational skill of family leaders. Is there a reliable alternative to the “discomfort viruses” - avoidance, conflict, distance, and defensiveness - that so often threaten healthy conversations at the expense of the business and the family?
This is an ideal opportunity to prepare for and begin to execute your important transition conversations. This full-day exploration will be both strategic and tactical. Topics covered will include, but are not limited to:
- Where do we begin, who has a seat at the table, and how to articulate our plan and put it into place?
- Managing myself and others
- How to hold ourselves (and others) accountable
Family Business Workshop - Essential Tools for Working with Families in Business
Time: 2:00 – 5:00 pm
Location: Breazzano Center, Collegetown, Ithaca, NY
This 3-hour workshop, for families as well as advisors and practitioners, will more fully prepare you to understand the unique nature of families in business and better equip you to work with them in a myriad of situations. Taught by Cornell Family Business Scholars Christine Blondal and Doug Baumoel (’78), using current cases as well as your own, this workshop will add new tools to your kit and better prepare you for your important work.
- Explore the fundamental yet unique elements of the family system and how it applies to understanding the nature of families in business
- Strategies to improve communication and move the planning process forward
- An overview of conflict and techniques for normalizing difficult situations within the family or business
- Applying frameworks to challenging family or business relationships
Welcome Reception and Dinner
Time: 6:00 pm - 9:00 pm
Location: The Terrace Restaurant, Statler Hotel
“A Taste of Family Business” - Welcome Reception begins at 6:00, Dinner begins at 7:00.
The opening reception to feature family-owned wineries, breweries and agriculture related products from NY state and beyond. Hear the stories direct from the family members, taste their products and kick off the 2017 Families in Business conference experience. Here are a few of the family businesses that will be featured:
- Dr. Konstantin Frank Winery
- F. Oliver’s Oils
- Johnson Estate Winery
- Myer Farm Distillers
- Red Jacket Orchards
- Red Head Wines
After dinner: A conversation with Andrew Gellert ('89), third generation President of Gellert Global Group, one of the leading North American food importers for over 100 years.