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President's Corner

Looking Back … Moving Ahead!

Henry LandesBy Henry D. Landes
March 2002

The year 2002 marks a special time in the life of the Delaware Valley Family Business Center. It’s the 10th anniversary of our Family Business Forum, which many consider the heart and soul of the Center.

As some of you know, I grew up in a family business myself. I.T. Landes & Son, Inc., of Harleysville is now in its fourth generation. So naturally when I established my management consultation firm in 1988, nearly all of my clients were family businesses!

Over the next few years, a dream began to emerge … a dream of creating a place where business families and their advisors could together learn to harness the high-octane energy of family business. To borrow a phrase from "Field of Dreams," a movie about baseball, "If you build it, they will come."

And 120 members of family businesses did come to our first Family Business Forum in October 1992 hosted by Sandy Alderfer at the Alderfer Auction Center in Hatfield. John Ward, a leading family business author and researcher, was our first speaker. The Chicagoan, who has presented at the Forum another four times, has become a valued friend of mine and our Forum community.

To help me set up and run that first Forum, I invited Sally Derstine aboard. She has been with the Center—and its Forums—ever since and now serves as our very capable Forum Director.

Initially, our Forums were all-day meetings with fairly heavy input from academicians. We soon discovered that our members were most interested in hearing from other business families. And not taking all day to do it.

Today our Forums feature at least one business family (and sometimes three or four) who candidly share how they "do the dance," how they combine the business enterprise and family life. Many of these presenting families have been consultation clients of our Center with whom we’ve walked through some pretty deep waters. I very much appreciate their willingness to graciously offer their counsel, expertise and experience. For me personally it’s exciting to find others who share my passion for helping business families.

Since 1992 it has been our pleasure to offer more than 50 Forum programs serving 400-plus family firms. With the strong support of our Forum Partners (listed above) and members, the Family Business Forum has become a vibrant "research and development lab" for families in business–a place to learn and practice new skills, to cross-pollinate, to give each other ideas, to network and to provide mutual support. Thank you for your support of the Dream.

Moving Ahead … Creating the Next 10 Years!

Yes, we will continue to offer excellent Forum programs (see our 2002 Forum program schedule in the box below). In 2002 we also envision the development of smaller "learning labs" where members can focus more directly on topics of common interest. These labs will be developed out of member interest and may include "Successors in Training," "Retooling CEOs," "Women in Family Business," "Key Non-Family Managers" and "CEO Spouses." Stay tuned!

Since most business families need customized support at key points of transition, we are also expanding our range of executive coaching and consultation services. From family meeting facilitation, successor mentoring, mediation, strategic business planning, compensation, team building and outside board development, our "family friendly" advisors are ready to walk with you on your journey.

One of my TEC Chair colleagues in San Diego likes to say, "If you want to know the future, create it." As our Forum moves into its second decade of serving business families, we invite your help in shaping it, as well as other services, to better serve you.

 

   
 

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340 North Main Street, Telford, PA 18969
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