Monthly Message -- February 2011
February Educational Program
THE INS AND OUTS OF HIRING FAMILY MEMBERS
Thursday, February 17, 7:30-9:00 a.m.
Alumni Hall at Ohio Dominican University
Hiring family members is a privilege (most of the time) and an obligation (sometimes) for leaders of family-owned businesses. In most cases, hiring family members works out just fine but occasionally it turns into a disaster. Wouldn't it be great if you could learn to use a few tools that would increase the potential for success when transitioning a family member into your business?
At our February educational program, Bryan Driscoll, of Murray Associates, together with Central Ohio family business leaders will talk about how to separate the emotional and business aspects of hiring family members. They will talk about the importance of establishing a process for having conversations with family members interested in joining the business, evaluating their skills and talents prior to entry into the business, and assessing how they can make a positive contribution to the family business as an employee of the company. Driscoll, and Central Ohio family business leaders, will provide insight into this challenging area and share real-life stories about best practices for hiring family members so that you can make the best decisions for your company and your family.
To find out more about this critical topic and to register, please RSVP to Deana at firstname.lastname@example.org by February 14th that you plan to attend.
Lunch and Learns are back!
Strategies to Get What You Want from Your Family Business
Thursday, February 24, Noon to 1:00 p.m.
The Griffin Center at Ohio Dominican University in Room 274
Are you so tied up in daily operation of your family business that you don't have the time to lead your company to the next level? Do you wonder if you'll ever unlock the mystery of having a business that survives - and even thrives - without you making each and every decision? Are you constantly searching for the secrets of predictable growth? Have you become resigned to a constant "keep an eye on the cash" grind? Do you stay awake at night wondering if your business will be able to transition to the next generation? If any of these issues sound familiar, don't worry, help is available. If you would like to talk about these obstacles with other family business leaders, Conway Center member Nick Nicholson, of Sales Fitness, will help you gain insight and provide you with motivation to help you overcome some of these family business challenges.
Register with Deana Gordon at email@example.com or 253-4820.
New Event - You won't want to miss it!
SPEED NETWORKING - FAMILY BUSINESS STYLE
Wednesday, March 2, 2011
Four Seasons Columbus, 4643 Trueman Blvd., Hilliard, OH 43026
Associate Director Becky Blatt and Carey Dunbar, of EHC, Inc., will help you make connections and meet new people which is valuable to you on both a personal and a business level. Making the effort to expand your network is invaluable to growing your business and building the relationships that can take it to the next level. One problem is that connecting with others can be both time consuming and challenging. It's tough to break away from running your business to attend multiple networking events that may or may not be worthwhile. And it's often uncomfortable to start conversations with strangers,even though they may turn out to be your strongest ally or biggest supporter down the road.
We have the answer - an after hours speed networking event that will bring you face to face with the right people, other Central Ohio family business leaders and Conway Center members, who understand the challenges of being a part of a family business. You may meet people who will help you improve your business through their advice or services, provide a sounding board for family issues and family business issues, or just share their experience with you.
As the Center continues to grow, we want to make sure that our members have ample opportunities to get to know each other and build relationships. We encourage you to make the effort to attend and make new connections. The rewards are definitely worth it and we're sure you'll meet some great people and maybe even make a new family business friend.
The fee to attend the Speed Networking Event is $15.00. Hors d'oeuvres will be served and a cash bar will be provided. Contact Deana to reserve your place, at 253-4820 or firstname.lastname@example.org.
About 90% of all business in the United States can be classified as family businesses and those businesses will create almost 80% of the jobs that will lead us out of the recession. Those figures are powerful and underscore the importance of family-owned businesses to the economic recovery that we are all anticipating. It's also another reason for family business leaders to give serious thought to their succession plans and to safeguard the longevity of their businesses. While it's important for family businesses to provide for the families that have invested their money and sacrificed their time to grow them, it's also important to recognize the role that those same businesses have in keeping our economy strong. The facts about succession success emphasize the need to plan for future generations in your business. What steps have you taken to make sure that your family business will survive? If the answer that you haven't had time to get a plan in place, it's time to start the process. It will benefit your family for generations to come.
Dick, Becky and Deana
Peer Group Opportunities
New Session of Next Generation Peer Group Forming
A new Peer Group for Next-Generation Leaders (those who work with their parents or grandparents, aunts or uncles in a family-owned business) is getting ready to start. The program has a successful history of bringing Next-Generation leaders together for one year to delve into issues faced by Next-Gen leaders. Led by Dr. Thaddeus O'Brien, a long time Conway Center Advisory Board Member and an organizational consultant with more than 30 years of experience working with family-owned businesses, the group brings family business peers together, in a confidential environment, to examine their roles within the family business, think critically about developing their leadership skills, and encourage them to begin to prepare for the expanded role they may someday play in leading the family-owned business.
An organizational meeting will be held on February 15, from noon-1:00 p.m., in room 260 of the Griffin Center at Ohio Dominican University for those interested in participating in this once a month, 90 minute program, during the remainder of 2011 and early 2012. Pizza will be provided so you don't have to worry about fitting in lunch!
Dr. O'Brien will discuss curriculum, expectations, confidentiality and requirements to participate. Each peer group is designed to ensure that competitors are not placed in the same group. You'll have an opportunity to meet other Next-Generation Leaders, ask specific questions of Dr. O'Brien, and provide input on the 2011 meeting dates and times. There is no cost to participate in our Next-Gen program but your family business must be a member of the Conway Center. RSVP to Deana at email@example.com if you would like to attend this meeting.
Monthly Women's Peer Group Meetings Continue
The Women's Peer Group, led by Bea Wolper, one of the Center's founding members and managing partner at Emens & Wolper Law Firm, is for women who own, work for, or play a supporting role in the successful operation of a Central Ohio family business and who are members of the Conway Center for Family Business. The group explores topics such as earning respect, leadership, employment practices, family dynamics and communication in the family business. Peer group members will gain a greater understanding of these issues, techniques for dealing with challenges, and tools to have a more productive experience back at the office. The group meets once each month, from 7:30-9:00 a.m. in the Griffin Center at Ohio Dominican University, on dates picked by the group and allows members to attend one, two or all of the meetings based on their needs and schedules. The next meeting will take place on Tuesday, February 15th. For a complete list of meeting dates, please visit www.familybusinesscenter.com.
Family Business Leaders Peer Group Begins 2011 Meetings
The Family Business Leaders Peer Group will spend 2011 focusing on growth and development education topics that will help build business. They will examine a variety of topics on leads, lists, sales, marketing, exposure, productivity and management including the development of internal processes that can help family businesses prepare for and adapt to growth. All members of the Conway Center who are interested in discussing business growth and development topics as they apply specifically to family-owned businesses are invited to participate. Come to all of the programs or attend only those that interest you. The first meeting, Discovering Your Executive Profile and How it Can Make You a Better Family Business Leader, led by Nick Nicholson, a Conway Center member and founder of Sales Fitness, will take place on February 9, from 8:00-9:30 a.m. at Sequent, 4700 Lakehurst, Suite 200, Dublin, Ohio 43016. Meetings will be held from 8:00 a.m. to 9:30 a.m. on the second Wednesday of each month.
The group is open to any Conway Center member and you can attend as many or as few as you like. Please register online at www.familybusinesscenter.com or with Deana at firstname.lastname@example.org or 253-4820.
Please Note: If you are planning to participate in the February 9th meeting, we ask that you complete an online Executive Styles and Values Assessment that will be used during the meeting. Retail price for this assessment is $ 155 but we are offering it, at no cost, to Conway Center members who want to participate in this peer group. Deana will send you the link when you register.
CEO Peer Group Still Accepting Members
A fourth peer group is for CEO's who lead family-owned companies and who would find value in having the opportunity to discuss business, family, and personal leadership issues with peers in a confidential environment was started in January. Led by Conway Center board member and founder of Laser Reproductions, Jerry Bordner, this group is composed of men and women who have responsibility for leading some of Central Ohio's best family-owned businesses. The meetings have structure and format to ensure accountability, productivity and value for all who participate. The group will continue to meet monthly on the second Thursday of the month at the Jefferson Country Club in Gahanna from 3:30 -7:30 p.m. The group is open only to Conway Center members. The annual cost, to cover meeting space, dinner from the Jefferson Country Club menu and refreshments will be $850 per year. If you are interested in participating in this peer group, please contact Becky Blatt at email@example.com or 614-253-4820.
Welcome New Members
Capitol Citicom Print & Graphics
Dan, Gail, Mike, and Kevin Oakes
Capitol Citicom Inc. is a commercial printing company, founded in 1985 by Dan and Gail Oakes. The company relies on a combination of cutting edge technology, skilled craftsmen and old-fashioned family values to serve their clients. They service various local and national businesses, both large and small, with all of their printing needs, from business cards and brochures, to signage, to complex variable direct mail campaigns. They currently run three shifts and employ 17 valuable people. Dan and Gail have significantly reduced their responsibilities over the past five years, and their sons, Michael and Kevin will take complete ownership of the company in 2011.
In leading the second-generation of the company, Kevin is the Vice-President of Business Development and has been a key member of the company since completing his studies at Miami University in 2000. Michael is the Vice-President of Operations, joining the company in 2004 after studying at Franklin University and The Ohio State University. As with many family business situations, Michael and Kevin grew up "in the business" and both have worked in all aspects of the company from finishing to prepress/graphic design, to print operator, to sales and management. They are very excited about the future, and look forward to expanding the business while continuing to build on past successes.
Skyline Exhibits of Central Ohio LLC
Jeanette and Mark Armbrust
Skyline Exhibits of Central Ohio specializes in providing a variety of tradeshow exhibits, graphics, and other presentation services. Skyline Exhibits has over 1,500 team members in over 38 countries. The Central Ohio office is led by family members Jeanette and Mark Armbrust and includes 15 other employees. The company's products range from tabletop and portable displays to modular and large-scale island exhibits. Skyline Exhibits has over 70 patents and makes 19 different exhibit systems. The company has been awarded the Consumer's Choice Award from 2004 to 2010 and also was selected as one of Business First's Best Places to Work in 2010.
ADVERSE WEATHER PLAN
This is an opportune time to let you know that if we ever have to cancel a program or peer group meeting due to inclement weather or unforeseen circumstances, we will notify the media sources listed below and send e-mail to all of our members. If you ever wake up and are uncertain whether we will be meeting, just turn on your radio or television and listen for our announcement or check your e-mail before you head out the door. If there's no announcement or no e-mail from us in your inbox, that means we're waiting for you to join us.
Radio Stations: Sunny 95, WLVQ 96.3, 610 WTVN, WNCI 97.9, WCOL 92.3, WMNI am, WOSU 820,WOSU 89.7 fm, WWCD 101.1, 97.1 FM, WBNS 1460.
Television Stations 4, 6 & 10 Weather
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Connect With Us
Conway Center for Family Business
J. Richard Emens
Membership in the Conway Center for Family Business is open to all family businesses in Central Ohio.
For more information on the benefits of membership, visit: familybusinesscenter.com