Meet Preston Root, a Fourth-Generation Steward of the Root Glass Company, and speaker at our upcoming Family Business Legacy event. Preston will be sharing his personal experience of transitioning from an #operatingfamilybusiness to managing family assets, in addition to how his family maintained #cohesion before and while implementing formal #governancestructures. @Preston Root #Legacy #FamilyBusinessLegacy #familybusinessevents For more details and to register: https://lnkd.in/gKzht6JA
Family Business Magazine
Media Production
Philadelphia, PA 1,763 followers
Serving the needs of multigenerational family businesses for more than 35 years.
About us
Family Business Publishing has been the resource for multigenerational family businesses and enterprises for over 35 years covering everything from succession planning to family dynamics to managing wealth. The multimedia company publishes a bimonthly magazine with 7,500 print subscribers and 30,000 unique monthly visitors to www.familybusinessmagazine.com, and produces videos, webinars and live/virtual events. The target audience includes family company owners, family members of all ages, non-family executives and shareholders interested in all things related to family business. In addition to the print magazine and online media, Family Business Publishing hosts national conferences to educate family firm stakeholders regardless of size or age of the company. The conferences also provide the opportunity for families to network and learn from shared experiences. Follow us on Twitter (@FamilyBizMag) and Facebook for all the latest news and updates, and sign up for our free newsletter and/or subscribe to our magazine at https://www.familybusinessmagazine.com/subscription.
- Website
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http://www.familybusinessmagazine.com
External link for Family Business Magazine
- Industry
- Media Production
- Company size
- 11-50 employees
- Headquarters
- Philadelphia, PA
- Type
- Privately Held
- Specialties
- Publishing, Family Business, Succession, and NextGens
Locations
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Primary
1845 Walnut Street
Suite 900
Philadelphia, PA 19103, US
Employees at Family Business Magazine
Updates
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Recruiting your first external CEO is a big decision for any family business. Often, it can take years to decide to recruit from outside the company. Most family firms don’t embark on an external search until only after the painstaking process of evaluating a range of internal options (both family and non-family) and weighing the interests of the various stakeholders who will be affected by the decision. While making the decision to recruit an external CEO may be an accomplishment, it is just the beginning of the succession journey. The hard part is next: identifying, attracting and hiring your next CEO. In our experience, the most overlooked step in CEO recruitment is stakeholder management. As Heather O'Keefe and Jason Hecker of Egon Zehnder write, the human aspect of the recruiting process, including how to best work with stakeholders, is vital to a smooth transition. https://lnkd.in/gvpmyqgx #familybusiness
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Meet Beth Chapman of the Cathy Family Office, and speaker at our upcoming Family Business Legacy event. Beth will be discussing how her role as the Cathy Family Services Lead is shaping the #nextgeneration of Chick-fil-A’s Cathy family, through interactive and engaging programming on #familyhistory, the business and #stewardship. #Legacy #FamilyBusinessLegacy #familybusinessevents Elizabeth Chapman, PhD, MBA For more details and to register: https://lnkd.in/gKzht6JA
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At Crave Brothers Farmstead Cheese LLC, the founding siblings are serious about succession planning. George Crave, former president and current brand ambassador of Crave Brothers, says it was a milestone birthday that got him thinking about preparing the next generation to take over. “When you turn 50, you start thinking older,” George says. “I said, ‘Guys, look around the room; we’re not curly redhaired kids anymore.’” So, they engaged an advisor to make sure the next generation would be ready to take the reins when the time came. “The money part, if you’re running a successful business, is easy. The leadership, the transition is the big challenge,” George says. The advisor meets periodically with the family and coaches the rising generation on successful leadership. “Part of being a leader is knowing when to step back and put someone else in a key position,” George says. https://lnkd.in/er6nqCHW #familybusiness #successionplanning
Preparing the next big cheese(s)
https://familybusinessmagazine.com
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Meet Shelley Taylor, Family Council Chair at ABARTA, Inc., and #KeynoteSpeaker at our upcoming Family Business Legacy event. Shelley will be discussing how #familygovernance structures aid in #wealtheducation and engagement of #NextGens, as well as how it influences legacy building overall. #Legacy #FamilyBusinessLegacy #familybusinessevents @Shelley Taylor For more details and to register: https://lnkd.in/gKzht6JA
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Meet John Seckman, President of Shoebox Private Trust Company, LLC, and speaker at our upcoming Family Business Legacy event. John will be speaking on how the Bush family of Bush Brothers & Company created a #trustcompany to #educate owners and promote #stewardship of the business. #Legacy #FamilyBusinessLegacy #familybusinessevents @John Seckman For more details and to register: https://lnkd.in/gKzht6JA
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Fifteen years ago, Jerry Tam inherited the oldest continuously operating Chinese restaurant in the United States. Tam, who, along with his four sisters, grew up working in the family-owned Pekin Noodle Parlor in Butte, Mont., always envisioned eventually returning to the business. But his parents’ unexpected passings accelerated the timeline, and he became owner in 2009. Charm, hospitality and award-winning food have kept customers coming back for more than a century, and Tam has made it his mission to keep that legacy alive. https://lnkd.in/e-Rkyh3Y #familybusiness
Cooking up unforgettable dining experiences since 1911
https://familybusinessmagazine.com
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Bay Area construction company Ghilotti Bros.,Inc. has a 10-year timeline for transitioning from the third to the fourth generation. Working with an outside consultant, the company has put together an intentional, detailed succession plan designed to avoid the types of conflicts that plagued earlier generations. Still, the transition is not without its challenges. https://lnkd.in/d538U6NU #familybusiness
A carefully constructed succession plan
https://familybusinessmagazine.com
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Meet Lynn Houston Moore, Owner and CEO of HJI Supply Chain Solutions, and speaker at our upcoming Family Business Legacy event. Lynn will be speaking on how her family manages #philanthropicgiving and how #philanthropy ties into the company’s mission and values. #Legacy #FamilyBusinessLegacy #familybusinessevents @Lynn Houston Moore For more details and to register: https://lnkd.in/gKzht6JA
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Meet Steve Gray, Chairman of the Board at Azalea Investments, LLC, and speaker at our upcoming Family Business Legacy event. Steve will share his insights on the #transition of owning a #familybusiness to #managing assets. #Legacy #FamilyBusinessLegacy #familybusinessevents @Steve Gray For more details and to register: https://lnkd.in/eiX5aW5Z