The Center for Private Business Owners invites you to join us for this insightful presentation focused on owner transitions. Passing the reins of the family business is one of the most important challenges that families face. With the senior generations being well-established and experienced in their roles, it is often assumed that they require minimal transition support. In fact, we have found this assumption couldn’t be further from the truth.
Please join us on Wednesday, December 4th, for a discussion with Stacy Allred, Dennis Jaffe and Ken McCracken to explore: Reimagining Family Business Transitions: Rethink, Rebalance, Reinvent, including how recent changes in demographics are impacting transitions in family enterprises.
Key Topics:
- The importance of involving senior generations in the transition, not just the rising generation where much attention is typically focused.
- The processes and considerations when creating a successful continuity plan.
- How demographics are affecting business transition planning as people are working longer and more generations are involved in the process.
- The value of self-reflection for senior generations and why the skills required to run a business are not the same skills required for a successful leadership transition.
- The difference between succession planning and continuity planning and how to reframe the transition concept to be a positive outcome for each generation.
Featured Speakers:
Stacy Allred, MST, Managing Director, Head of Family Engagement and Governance, JP Morgan Wealth Management
Dennis Jaffe, Ph. D., Senior Research Fellow, Banyan Global Family Business Advisors
Ken McCracken, Esq., Founder, MFBC Limited
Host:
PKF O’Connor Davies
Cynthia Adams Harrison, Ed.D., LICSW, Managing Director
Center for Private Business Owners
Who Should Attend:
Private Business Owners, Next Generation Family Members, Key Senior Leadership, Advisors to Privately Held Businesses