September 2017 Print

A Note From the Executive Director

The fall season is upon us and things are “falling” right into place!

We are in process of on-boarding 3 new families, and we gearing up for another successful Family Forum in NYC and a Family Visit in Chicago. In addition, I’d like to take a moment to share some other things happening in our network:

  • We are pleased to announce that Barbara Hurt from Brown Forman has joined the Board of Directors. Please be sure to congratulate her!

  • The FBN board recently updated the By-Laws to provide additional opportunities for member engagement and to further uphold our motto “By Families, For Families, Across Generations”. Each FBN family will designate a family member to become their “Member Designee”.   This person will be an ambassador for FBN and a liaison between FBN and their family. One important responsibility of Member Designees is to approve the election of our Board of Directors. A separate email will be going out to each family on this topic.

  • We are continuously looking for ways to increase member engagement, participation and member satisfaction and make this a valuable organization to you. Having said that, the board recently approved a committee structure so we can get you more involved in the business of the network and provide opportunities for leadership within the organization. We are also launching a member satisfaction survey to help us learn how we can help you and your family and discover what we can do better as an organization. Stay tuned for that!

  • The Duchossois family is currently featured on the cover of Family Business Magazine. The subsequent article shares insight into how they develop leadership in the next generation. Congratulations to the Duchossois family for their success!

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Family Business

Helping Members in Houston

Many of you know the Tapick family – owners of Martin Preferred Foods (MFP). They are located in Houston and just weathered the storm of Harvey and the flooding that followed. To help them and the challenges facing their family, their business and their employees, we reached out to offer support. Below are the requests from Jeff and his family. If you can help, it would be greatly appreciated. Please email him directly or contact me at jmuntz@fbn-na.org.

  • Are there any family business leaders who have dealt with disaster recovery (e.g. Hurricane Sandy, Hurricane Katrina) who would be willing to share their wisdom and insight?  I don’t know what I don’t know, and so any words of wisdom from someone who’s walked a similar path would be extremely appreciated;

  • Is anyone in the FBN community familiar with resources I could tap into to help my employees who lost their homes?  MPF would be willing to hire consultants, advisors, FEMA experts, etc. who could help our adversely affected employees find temporary housing, navigate the complicated world of filing insurance claims, understand the byzantine FEMA claim process, etc.

  • Are there any Family Business leaders who are familiar with the process of filing Business Interruption insurance claims, and who would be willing to talk with me about any wisdom/advice they have gleaned from that process.

Just Released - Global Family Business Index

The University of St. Gallen partnered with EY’s Global Family Business Center of Excellence to identify and benchmark the top 500 family firms in the world. Congratulations to the FBN families that made the list.
Here’s the link: www.familybusinessindex.com

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Calendar of Events

Upcoming Regional Events

Sustaining a multigenerational family enterprise is both an art and a science.

How do thriving families achieve longevity? What are the challenges and key success factors to instilling resiliency in your family members, your business, and family enterprise? How do families overcome obstacles and continue to build family unity across generations?

Join families like yours in New York City to explore the role of communication, the balance between process, structure and freedom. Hear personal and family stories from your closest peers that will help you manage and succeed through the challenges of family and business complexity.

September 28-29, 2017
The Westin New York at Times Square

Very Last Chance to Register for the Forum
Seats Are Still Available - Register Now


Pre-Forum Workshop: Financial Statements & Risk Tolerance.

Join Tom Zeller, Professor at Loyola's Quinlan School of Business, and Jennifer Muntz, Executive Director, FBN-NA, as they lead this interactive workshop that will de-mystify the accounting language and help you build an in-depth knowledge of financial statements, management of assets, and more.

September 27, 2017
1:00 p.m. - 5:00 p.m.
The Westin New York at Times Square

Very Last Chance to Register for the Workshop
Register Now


Upcoming Global Events

Please join us for the FBN 28th Global Summit, 8-11 November in Gran Canaria, Spain, co-hosted with Instituto de la Empresa Familiar.  You can find all the details about the pre-summit Learning Journeys, registration and accommodation on the Summit website (password: Flamenco).

November 8-11, 2017
Gran Canaria, Spain

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FBN At A Glance

FBN-NA is the North American chapter of an esteemed, non-profit, international learning community for families with medium to large sized businesses.  We provide an intimate, confidential, and solicitation-free setting where families share experiences and learn from each other; By Families, For Families, Across Generations. 

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