2019 Families in Business Conference

Family Values, Business Value

Thursday, September 26, 2019

12:30 pm – 1:45 pm
Lower Level Lobby, Breazzano Center, Collegetown

Registration, networking and lunch – Opening comments and welcome message

Daniel G. Van Der Vliet, The John and Dyan Smith Executive Director of Family Business, Cornell University

2:00 – 4:30 pm
LL23, Breazzano Center, Collegetown

Leadership Agility – Family Business Master Class

Greg McCann, McCann & Associates and Cornell Family Business Scholar

Family enterprise, by its very nature, is among the most complex and integrated of systems in contemporary society. Now, more than ever, families who work together need agile leaders who can navigate this complexity within the context of exponential change and diverse stakeholder interests. Family enterprises are dealing with not only the exponential change that faces us all, but also the even greater complexity of involving family. In this in-depth workshop, participants will explore:

  • What is your role as a leader within the family and business system?
  • When should you be leaning in and taking charge and when should you be leaning back and developing others—even allowing them to make mistakes?
  • How might you develop an ongoing practice for yourself and your family, and your organization to be a more effective leader?

Concurrent panel sessions

221, Breazzano Center, Collegetown

2:00 pm – 3:00 pm – Panel I
Panel TBA

3:15 – 4:15 pm – Panel II
Current Findings in Family Business Research

Margarita Tsoutsoura, John and Dyan Professor of Management and Family Business, Daniela Scur, Assistant Professor of Strategy, Dyson School of Applied Economics and Management

The Smith Family Business Initiative is dedicated to expanding the knowledge base in family business. The Smith Family Business Initiative has funded specifically seven new research studies in family enterprise, reaching many corners of the globe and spanning many industries. Join Professors Tsoutsoura and Scur for a discussion of these studies as well as other currently underway.

5:30 pm – 7:00 pm
Statler Hotel, Carrier Ballroom
“A Taste of Family Business” – Welcome Reception

7:00 pm – 9:00 pmStatler Hotel, Carrier Ballroom
Dinner and keynote

Longevity and Legacy

Mitzi Perdue, MitziPurdue.Com  & Pierre duPont, Cerity Partners

Family values provide continuity that can outlast any business entity. In the United States, certain names resonate in the business lexicon; duPont and Purdue are two of them. Mitzi Perdue, the wife of the late Frank Purdue, and descendant of the Henderson family, founders of the Sheraton Corporation, and Pierre duPont, a 10th generation descendant of the duPont family on his father’s side and descendant of the the Wood family, proprietors of the Wawa chain of stores on his mother’s side. With multiple family business and legacies to manage, Ms. Purdue and Mr. duPont will share  how each family approaches legacy, sharing family values across generations, and preparing future family members for success.

Friday, September 27, 2019

8:00 am – 9:00 am
Dyson Atrium, Sage Hall
Networking and breakfast

9:00 am – 10:00 am
B09, Sage Hall
Friday kick-off: “Family Business Confidential” (Moth/TED style family business stories) 

Kelly Clements, Neil Rosenbaum, Kelsey Cheng, Prsad BSRK

Concurrent panel sessions

B08, Sage Hall

10:15 am – 11:15 am
Panel III – Next Gen Now

Ian Smith, Hillcrest Holdings

Faizah Shahban, Monaliza’s Fine Lingerie 

Moderated by Carol Wittmeyer, Cornell Family Business Scholar

11:30 am – 12:30 pm
Panel IV – “We Are Market Basket”

with Daniel Korschun, Associate Professor, Drexel University, and David Spitulnik, Spitulnik Advisors

A Case Study in family values, workplace culture, family governance and community connections. Market Basket, a popular New England supermarket chain company was so treasured and trusted that people literally took to the streets – by the thousands – to save it.  After long-time, CEO Arthur T. Demoulas was ousted by his cousin Arthur S. Demoulas, the company’s managers and rank-and-file workers struck back. Set against a backdrop of bad blood and corporate greed, author Daniel Korchun and David Spitulnik delve deeper into the family matters and governance issues that created this volatile case.

12:30 pm – 2:00 pm 
Dyson Atrium, Sage Hall
Lunch –

“A Matriarch, A Successor and a Next Gen Walk into a Room…”

Afternoon Tea with the Harney’s: Elyse, Mike ‘77, and Alex Harney – Harney and Sons Tea

It started as a hobby in the basement of the White Hart Inn in Salisbury, Connecticut and was shared only with inn guests. Now, over 30 years later, their 90,000 square foot facility in Millerton, New York ships to fans across the globe. Join us as we spill the tea with Elyse, Mike, and Alex Harney and the story behind their tea business. The origins of how John and Elyse Harney gave birth to five children, a tea company, and a real estate business makes for funny, moving, and absolutely riveting listening.

2:00 pm – 3:00 pm
B08 or B09