Date: Thursday, April, 16, 2016
Time: 12:00-1:30pm
Location: Jeffer Mangels Butler & Mitchell LLP
1900 Avenue of the Stars, 7th Floor
Los Angeles, CA 90067-4310
Succession Planning & Developing Your Next-Generation Family Business Leaders
Leadership development and succession planning, in particular, may be the most critical aspect of continuous improvement in family businesses. No matter how much money or time we invest in upgrading our aging systems or standardizing operations across sites or even extending our customer reach, we put our organizations at great risk if we do not build healthy pipelines of leaders capable of succeeding in their current roles and advancing to the next level. With nearly 10,000 Baby Boomers reaching retirement age every day, many of our current family business leaders will not be in their roles for much longer. Many of the people – and oftentimes, sons and daughters – eagerly awaiting their chances to step up, though, do not currently possess the tools and skills they need to succeed in higher-level leadership positions. In this workshop, we will review cutting-edge strategies for developing our next generation of family business leaders and mentoring them to develop the capabilities required to perform in higher-level roles. Continuous improvement in today’s multi-generational work environment is a whole new ballgame!