Monthly Message - October 2016 - Conway Center for Family Business

Monthly Message – October 2016


MONTHLY MESSAGE  – October 2016

R-E-S-P-E-C-T: How do you gain it as a new family business leader?
October 20 – 7:30 – 9:00 a.m.


Alumni Hall at Ohio Dominican University

1215 Sunbury Rd., Columbus, OH 43219


When a family member takes on a new role or takes over the family business, it can be a difficult transition – for both the family leader and the company as a whole.

Conway Center board member and organizational psychologist, 
Thaddeus O’Brien
, will lead an informative panel discussion with Jay Amstutz, President of
Ohio Power Tool
and Greg Schmitt, President of
Lincoln Construction
, about best practices for getting and giving respect as a next gen leader. Both young leaders will openly discuss the challenges and opportunities they encountered as they transitioned to running their family businesses.

Sign up today! RSVP to Amy Dotts at ADotts@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest.

Save the date!

Practical Governance: The importance of advisory boards and family councils

November 17 – 7:30-9:00 a.m.
Alumni Hall at Ohio Dominican University

1215 Sunbury Rd., Columbus, OH 43219
 
Porter, Wright, Morris & Arthur LLP will facilitate a panel discussion with family business leaders – including Highlights for Children and White Castle – on how and why they utilize outside advisors. They will also discuss the value and best practices around holding family council meetings.

Sign up today! RSVP to Amy Dotts at ADotts@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest.

Directors’ Insight  

Our 18th Annual Family Business Awards & Expo will be here before you know it! Please join us on November 7th as we celebrate the following outstanding Central Ohio family businesses and supporters:

Community Engagement
The Champion Companies
EasyIT
Outreach Promotional Solutions

Re-Invention
Accel Inc
Alyfe Wellbeing Strategies
geoAmps

Succession Planning & Implementation
Grossman Law Offices
Heiberger Paving
Jendco Safety Supply

Supporter of Family Business
Adept Marketing
Holbrook & Manter, CPAs
Scott Rider, Rider + Reinke Financial Group

Family Business of the Year – Highlights for Children, Inc.

Lifetime Achievement – Chris Bouzounis, Artina Promotional Products

Milestone Awards
geoAmps
5
Overmyer Hall & Associates
5
Dupler Office
10
MDSolutions, Inc.
15
Proforma Graphic Impressions 2
15
Skyline Exhibits of Central Ohio
15
5-Star Staffing
25
Regal Beverage Concepts, Inc.
25
UNIGLOBE Travel Designers
35
Capital Resin
40
Vargo Companies
45
Lincoln Construction
45
Buckeye Boxes Inc
50
Robin Enterprises
50
Thomas & Marker Construction
60
Highlights for Children, Inc
70
Luebbe Hearing Services
70
Mid-State Bolt & Nut Co., Inc.
70
Modlich Monument Company
80
Casto Management Services, Inc.
90
White Castle
95
Columbus Sign Company
105
Heartland Bank
105
Schmidt’s Restaurant
130
 
Winners in each category will be announced at the Awards program – don’t miss it! Details on how to register below.
 
Dick & Jill

18th Annual Family Business Awards and Family Business Expo 
Monday, November 7, 2016
Hilton Columbus at Easton
Easton Town Center
3900 Chagrin Drive, Columbus, 43219
 
Expo: 10:00 a.m. – Noon
Luncheon: Noon – 1:30 p.m.
  
           
Awards & Expo Sponsored by: 





 

 
Award Trophies sponsored by: Artina Promotional Products 
Printing & Signage provided by: Citicom Print 
Exhibitor Training provided by: Outreach Promotional Solutions
 
Awards Luncheon

Sign up today for the 18

th Annual Family Business Awards Program and Expo on Monday, November 7, 2016.
 
Individual tickets:   $60 for members, $80 for non-members
Tables of 10:          $425 for members, $600 for non-members
 

RSVP by October 26, 2016, to Heather Howell Admin@FamilyBusinessCenter.com  or 614-253-4820.


Family Business Expo
Don’t miss this outstanding business development opportunity only available to Conway Center Family Business and Service Provider members!  The Expo is a great way to showcase your business, products or services to more than 600 family business leaders and advisors who will attend the Awards Program. 
  • Expo display tables may be reserved for just $275.
  • Table reservations include two Awards Luncheon tickets!
  • Company name will be included in our Awards Program.
 
Current exhibitor list can be found
here.
 
Please RSVP for the Expo by October 18, 2016 in order to guarantee your space. C
ontact Amy Dotts at ADotts@FamilyBusinessCenter.com or 614-253-4820 for more information.

Conway Center Peer Groups


To sign up for any of our peer group meetings, or to learn more about peer group opportunities, contact Event Coordinator, Amy Dotts, at ADotts@FamilyBusinessCenter.com or visit our
website for a full schedule of Peer Group programs.

 
Women’s Peer Group *Note Date & Room Change
October 18, 2016
7:30 a.m. – 9:00 a.m.
Room 276 – Griffin Center
Ohio Dominican University
Topic: Emotional Dialogue of Buy-Sell Agreements­­
 
Succession Planning Peer Group *Note Date & Room Change
October 19, 2016
7:30 a.m. – 9:00 a.m.
Room 276 – Griffin Center
Ohio Dominican University
Topic:  Succession of Ownership I
Sponsored by: Morgan Stanley Wealth Management
 
Leadership Development Peer Group *Note date change
October 25, 2016
8:00 a.m. – 9:30 a.m.
Room 274 – Griffin Center
Ohio Dominican University
Topic:  Vision, Mission & Values
 
Finances Peer Group
October 26, 2016
8:00 a.m. – 10:00 a.m.
Alumni Hall/Community Room
Ohio Dominican University
Topic:  Year-end is Fast Approaching… Is Your Business Ready?
Sponsored by: Holbrook & Manter
 
CEO Peer Group – West
October 27, 2016
3:30 p.m. – 7:30 p.m.
The Golf Car Company
8899 Memorial Drive, Plain City, OH 43064
*RSVP required
 
Business Development Peer Group * Note date & room change
November 1, 2016
7:30 a.m. – 9:00 a.m.
Room 276 – Griffin Center
Ohio Dominican University
Topic: Open forum for collaborative peer-to-peer discussion
  
Women’s Peer Group
November 8, 2016
7:30 a.m. – 9:00 a.m.
Room 274 – Griffin Center
Ohio Dominican University
Topic: Resolving to be a Better Business Owner/Manager
 
Next Generation Leaders Peer Group
November 8, 2016
Noon – 1:00 p.m.
O’Brien & Associates
47 W. 3rd Avenue, Columbus, OH 43201
Topic: Making the Ownership Decision (Final Session for the year)
*Enrollment closed for 2016. Please contact Amy Dotts to be added to the 2017 roster. ADotts@familybusinesscenter.com
 
Leadership Development 2.0 Peer Group
November 9, 2016
8:00 a.m. – 9:30 a.m.
Integrated Leadership Systems
501 W. Schrock Rd., Suite 200
Westerville, OH 43081
*RSVP required
______________________________ 

Calling All Next Gen Leaders!

Are you interested in joining the Next Generation Leaders Peer Group in 2017?   

This is a small group of up-and-coming family business leaders (usually aged 21-40) who meet once a month for a year. A new group forms each January and monthly attendance is expected. This program features group learning experiences, one-on-one learning with an experienced facilitator, and the opportunity to take your personal development to the next level in a safe and encouraging environment.  

Topics vary each month depending on the needs and wants of the group. 
An Orientation session will be held on Monday, Dec. 5 from 12-1pm at Ohio Dominican University in the Griffin Student Center, RM 274.  Meet the facilitator, Dr. Thaddeus O’Brien, and find out what to expect in this year-long program. Lunch will be provided.  

If interested in attending the Orientation, please RSVP to Amy Dotts at adotts@familybusinesscenter.com.

Member Events

What is Talent?
Job Matching: Selecting Superior Performers
Have you ever hired someone whose best day on the job was the day they interviewed?  Have you ever wondered why?  If you were interviewing would you “puff” (think about it)?  How does your organization get through the “puff” in the selection and hiring process?

Businesses today are challenged to find better ways to secure the right talent for success.  But what talent does a job require for superior performance?  Only the JOB has the answer, so let the job talk and listen carefully.

 We will explore:
  • If the job could talk what would it reveal?
  • Impact of hiring mistakes.
  • BIAS – The #1 challenge in the selection process.
  • What three attributes are key to any job.
  • Can a strong brand carry a weak sales force?
  • IQ vs. EQ (emotional intelligence)
  • Why failure to use assessments as part of our hiring or screening process limits the ability to accurately select superior performers.
 
WHEN:  Thursday, October 20th
TIME: 8:00a – 10:00a
WHERE:  565 Metro Place South, Suite 180  Dublin, OH 43017
 
____________________________

In Cleveland
WHEN:  Friday, November 4th
TIME: 8:00a – 10:00a
WHERE:  TBD (Possibly Jacobs Field)


The Conway Center is a partner organization for the following event:

From Passion to Action:
The WSBA welcomes Stephanie Sonnabend as the keynote speaker. She is a social entrepreneur and former owner and CEO of Sonesta International Hotels Corporation. Her talk will demonstrate how she created her own personal strategic plan, turning her passion into actions. 

Starting the Conversation: An Evening with the WSBA
October 27, 2016
5:30 PM – 9:00 PM EDT

____________________________

Prosperity Partners presents:
 
Thursday, October 27, 2016      
7:30am-10:00am
 
Nationwide Conference Center
100 Green Meadows Drive South
Lewis Center, OH 43035
 
Leverage The Financial Area Of Your Business
Every day companies like yours who want to grow are stuck, unsure of how to expand.  Even worse, they are losing opportunities without cash and access to capital.
 
At Finding Money, our panel of experts will reveal hidden methods to:
 
  • Match the style of YOUR business with the best type of capital
  • Get rebate initiatives & tax credits on the local & state level
  • Find pockets of cash hiding in your day-to-day operation
 
From leveraging just one of these strategies, we are confident you’ll find $10,000 or more hidden in your business.
 
Tickets are $99 per person and includes breakfast.
**Early Bird**  
Register by October 20, 2016, and take $50 off the price
(discount code 50off)
Seating is limited & this event will sell out.  
Click HERE to register today.

___________________________

SCHOEDINGER FUNERAL & CREMATION SERVICE
 to Host Special Event in Celebration of
National Family History Month
 
Schoedinger Funeral and Cremation Service is pleased to announce its participation in October’s National Family History Month by hosting a presentation by BiographyNOW on October 20th (one session at 11:30 AM and one session at 4:00 PM) at our Worthington chapel, located at 6699 N. High Street.
 
Schoedinger is one of 15 funeral homes from across the country to celebrate National Family History Month as part of a special nationwide program curated by the Funeral Service Foundation and the National Funeral Directors Association (NFDA) that weaves together the importance of sharing and capturing family stores with the funeral profession’s Have the Talk of a Lifetime® public outreach initiative, which inspires families to talk about life and the things that matter most.
 
The event hosted by Schoedinger will feature a presentation full of information about memorializing a loved one’s life by creating a unique hardback book full of personal stories, photographs, and local history.
 
Schoedinger Funeral and Cremation Service will also distribute Have the Talk of a Lifetime Conversation Cards, which were created by NFDA with the support of the Funeral Service Foundation, to encourage families to share stories and talk about what matters most long after the event concludes.
 
For more information about the event and to RSVP for one of the two available sessions, please contact Julie Olds at 614-429-5703.
 
For information about National Family History Month and the events held around the country, visit
www.FuneralServiceFoundation.org/Family
. Visit
www.TalkofaLifetime.org
to learn more about starting the conversation about what matters.

Welcome New Member
Kellerman Consulting
Mickey Kellerman, Brian Kellerman, Bobby Kellerman 
688 Hamlet St., Columbus, OH 43215
(312) 718-1854

Kellerman Consulting helps family-owned and privately held businesses to grow and become more profitable in a smart and sustainable way. They identify ways for businesses to make their operations more efficient, minimize their risks and ensure accountability at all levels of their organization.  Kellerman Consulting specializes in a variety of services, including: part-time CFO, process improvement, strategic planning, corporate governance and accountability, marketing strategy, supply chain, quality assurance/food safety and buy/sell support.  Mickey Kellerman, President, and his brother, Brian Kellerman, Principal, run the day-to-day operations of the business.  Their father, Bobby Kellerman, is their senior advisor.

Welcome New Service Provider

Copper Run Capital LLC
Michael Shaw, Andrew Hays, Scott Chapman
100 East Broad St., Ste. 450, Columbus, OH 43215
(614) 888-1786

www.copperruncap.com
 
Founded in 2008, Copper Run is a boutique mergers & acquisitions advisory firm focused on providing advisory services to family businesses and privately owned corporations often underrepresented by larger investment firms.  The partners at Copper Run can assist business owners in acquiring a company, transitioning ownership, finding financial partners to help them grow or providing business valuations.

MEMBER NEWS
 
Columbus Dispatch
The Schmidt family, which owns Schmidt’s Restaurant & Sausage Haus, has been involved in the event since the start. Geoff’s father, George, and a …

 
 

The Newark Advocate
HEBRON – Monte Black knows what works. As the founder, chairman and CEO of MPW Industrial Services in Hebron, he has a reputation as a man …
 

Cardo’s Pizza in Pickerington completing a transformation

Columbus Dispatch
… Wings as seen at Cardo’s Pizza and Tavern in Pickerington on Thursday, … a name change was in order: Cardo’s Pizza & Tavern, no longer Cardo’s …

 
 

OhioHealth to build new office campus, add 900 jobs

ABC6OnYourSide.com
COLUMBUS (WSYX/WTTE) – OhioHealth announced Friday it will build 240,000 square-feet of administrative office space off of Olentangy River …

Velvet Ice Cream Opens Expanded Plant

Columbus Dispatch 
UTICA – Ice-cream maker Velvet has dedicated its new $3 million warehouse freezer, the largest capital project in the 
company’s 102-year history
.

Interesting Reading

Financial Advisor Magazine
Critical to the longevity of the family business is the ability to pass interests in the business to the next generation in a tax-sensitive manner. Several …
 
Forbes
Truly unique assets to each business are its reputation and image. This is very much the case among family firms. The family business’s name can be …
 
Harvard Business Review
One of the first questions we ask clients is, “How do you own your family business?” Often the response is legalistic: “We are a limited liability …
 
JD Supra (press release)
Like any business, a family-owned business needs to attract, retain, motivate and reward key employees. A competitive salary and benefits package …
 
The Hill
Thousands of companies and organizations representing family-owned business are urging the Treasury Department to withdraw proposed rules …

SBN Online
GREENCREST: How good storytelling can motivate people to change 
We all can remember a time when a book or a story totally captured our imaginations and made us really feel the power of the words…

Conway Center for Family Business
614-253-4820
J. Richard Emens, Executive Director |
Emens@FamilyBusinessCenter.com
Jill Hofmans, Managing Director |
JHofmans@FamilyBusinessCenter.com
Ohio Dominican University
1216 Sunbury Road, 
Columbus, OH 43219