Family Leadership Succession: Developing a Roadmap for Successful Leadership Transition

Great family enterprise leaders are invaluable. The best are stewards and teachers, historians and architects. They are very often parents or grandparents. For most family enterprises, a change in leadership is hard to conceive and generally triggered by an event, often sudden or painful. But leadership succession is not an event; it’s a process requiring foresight and planning.

  • About
  • Agenda
  • Speakers
  • Accommodations
  • Sponsors

Great family enterprise leaders are invaluable. The best are stewards and teachers, historians and architects. They are very often parents or grandparents. For most family enterprises, a change in leadership is hard to conceive and generally triggered by an event, often sudden or painful. But leadership succession is not an event; it’s a process requiring foresight and planning.

Join other current and future family leaders on September 10-12 in New York to learn how to develop a customized roadmap to manage the leadership succession process in your family enterprise.

The agenda covers best practices for:

  • Leading a family enterprise
  • Developing an effective leadership succession process
  • Avoiding the pitfalls and challenges of leadership succession
  • Ensuring personal leadership development in the transition process
  • Putting your plans into action

The program also includes dialogue with family members who have been through a leadership transition. And, of course, you have the opportunity to tap the collective wisdom and experience of your peers in a comfortable, secure setting.

This event is recommended for the leaders of operating businesses, family offices, foundations or investment operations. Attendees are encouraged to bring the future leaders of their boards.

FOX membership is not required to participate, so please invite individuals who you know would benefit from this workshop.

Additional attendees from the same organization are eligible for a 20% discount. 

Contact workshops@familyoffice.com with any questions.

Monday, September 10

11:30 a.m.  Registration

1:00 p.m.    Welcome and Program Overview

1:30 p.m.   Module 1: 
                  What It Means to Lead a Family Enterprise

  • The landscape facing today’s family enterprise leaders
  • The 4 behavioral archetypal roles
  • How is leadership defined in your family?
  • Differences between corporate leadership and family leadership
  • What makes a good family leader?
  • The leader of the future
  • Activity: The forces of change impacting the succession process
  • Abbot Downing: 3 case studies and peer exchange

5:30 p.m.   Adjourn

6:30 p.m.   Cocktail and Dinner Reception
                  Aquavit
                  66 East 55th Street, New York City 

 


Tuesday, September 11

7:45 a.m.   Breakfast

8:30 a.m.   Reflections and Insights from Day One

9:00 a.m.   Module 2:
                  The Challenges and Best Practices of Leadership
                  Succession Process

  • Generational transition challenges
  • Fishbowl dialogue with family enterprise leaders

12:00 p.m.   Lunch

1:00 p.m.   Module 3: 
                  Developing the Leadership Succession Roadmap for Your
                  Family Enterprise

  • Application of FOX’s leadership succession roadmap to creation of customized plans for participants’ leadership succession processes
5:30 p.m.   Adjourn
 
6:30 p.m.   Cocktail and Dinner Reception
                  Maloney & Porcelli
                  37 East 50th Street, NYC
 

 

Wednesday, September 12

7:45 a.m.   Breakfast

8:30 a.m.   Reflections and Insights from Day Two

9:00 a.m.   Module 5:
                  The Central Role of Leadership Development in the
                  Transition Process

  • Enduring characteristics of good family enterprise leaders
  • Leadership development: Roundtable discussion
  • The importance of personal leadership development in the transition process
  • Leadership development tools and resources
  • Action planning and peer exchange

11:30 a.m.   Workshop Feedback and Closing Remarks

12:00 p.m.   Adjournment

    CPE credits are available for this workshop

Sara Hamilton, Founder & CEO

A recognized visionary in the private wealth community, Sara provides strategic direction for FOX and leads the development of programs and services supporting wealthy individuals, family office executives, and wealth advisory firms globally. For the past three years, she has been named as one of the "Top 50 Women in Wealth Management" by Wealth Manager. Sara is the co-author of Family Legacy and Leadership: Preserving True Family Wealth in Challenging Times and serves on the executive education faculty of the University of Chicago Booth School of Business for the "Private Wealth Management" course offered twice a year in Chicago.

 

Karen D. Neal, FOX Managing Director, Consulting

Karen works with family groups and wealth advisors to bring processes and solutions to the challenges of preserving family wealth, including refining of business strategy to address transitions and changing needs of the family and firm. Her work with families has included development of family enterprise strategy, operational assessment of the family office, selection of wealth advisors, and wealth management industry education. She is a frequent speaker on the topic of family office best practices.

 

Margaret Vaughan Robinson, Senior Consultant

Ms. Robinson is founder and president of MCV Consulting, a Houston-based consultancy specializing in corporate strategy formation, leadership development and family legacy and leadership planning. A highly accomplished architect and facilitator of group planning processes with over 15 years of international experience in her field, Robinson is a trusted advisor to a sophisticated client base of CEOs, boards of directors, senior leaders and wealth owners. Prior to forming MCV Consulting in 2002, Robinson served as a principal at Generon Consulting (now Reos Partners and Generon International), in Boston. She is a founding member of Headwaters Leadership Group, a national consortium of independent organizational development consultants, and a senior consultant with Family Office Exchange (FOX), a global consultancy serving private wealth owners and their advisors. 

 

Arne Boudewyn, Abbot Downing 

Arne Boudewyn serves on the Family Dynamics team as Managing Director of Family Education and Governance for Abbot Downing.  In this role, he consults with clients on strategies for addressing the complex personal, familial and financial dilemmas that can accompany significant wealth and that often determine its impact on current and future generations.  His work includes helping clients to integrate core values into wealth planning and decision making, translate vision and mission statements into actionable solutions, implement successful family communication strategies and establish effective family governance structures. 

 

Susan Rounds, Abbot Downing

Susan is a Senior Vice President and Senior Director of Planning for Wells Fargo Business Advisory Services.  Prior to joining Wells Fargo, Susan was a Senior Financial Planner in the Legacy Wachovia Financial Planning Group, chaired the Family Dynamics Committee and co-chaired the Business Owner Segmentation and Services Committee.  
 

Hotel Accommodations

The New York Palace
455 Madison Avenue
New York, NY 10022

Reserve Your Room Now

Family Office Exchange has reserved rooms at The New York Palace at a rate of $399/night plus sales tax.  Reservations are on a first-come, first-served basis,

To obtain the discounted rates click here or contact the hotel directly at 212-888-7200 or toll free at 800-697-2522 and mention the FOX leadership workshop. The cutoff date for hotel reservations at this rate is Monday, August 27th, 2012.

All attendees are responsible for making their own hotel reservations.

 

 

Interested in sponsoring? Contact Sandra Ditore at 312.327.1233 or by email at sditore@familyoffice.com