Learning Opportunities

Family-Hosted Visit: Follett

October 19, 2017 1:00 PM to October 20, 2017 5:00 PM

Follett Corporation
3 Westbrook Corporate Center, Suite 200
Westchester, IL 60154

(Please Note: The current calendar button is in .vcs format which will work on Android and Outlook but is not currently compatible with Apple iPhones or iPads.)  For technical assistance when registering, contact ktinker@fbn-na.org.

 A Private Event
For Family Businesses with formal Boards of Directors

Hosted by:
The Follett Family
Follet Corporate Headquarters, Westchester, IL

Follett Logo

Hosted by the Follett Family, and moderated by FNB's Andrew Keyt and Jennifer Muntz, we will delve into a number of issues facing Boards of family-owned companies, including: what makes a board effective, how is effectiveness measured, and succession planning for future board members. As with all FBN events, confidentiality is paramount.
This is an invitation-only event.

If you have any questions about this event, or technical difficulties, feel free to contact Kyle HIlls, Admin, khills@managementservices.org.


Thursday, October 19

1:00 pm
Registrants arrive at Follett Headquarters in Westchester, IL
1:00 - 1:30 pm
Host Family and Guest Introductions
1:30 - 1:45 pm
Head to Aurora for tour of Follett Distribution Center – transportation provided
2:15 pm
Arrive at Aurora
2:30 - 2:45 pm
Start Tour
(Attendees are encouraged to are advised to wear closed-toe, comfortable walking shoes. Please advise if mobility is an issue. This is a large, indoor facility with a great deal of walking.)
3:30 - 3:45 pm
Tour concludes, return to Follett Headquarters in Westchester
4:15 - 4:30 pm
Arrive at Follett Headquarters in Westchester
4:30 - 5:30 pm
Brainstorming Session
- What do we want to accomplish in our time together?
- What are the questions we need answered?
6:00 pm
Cocktails and Dinner – Gibson’s Steakhouse
Transportation provided

Friday, October 20

8:00 - 9:00 am
Meet in showroom at Follett’s HQ in Westchester for breakfast and coffee
9:00 - 9:30 am
Introduction to Follett Board - Evolution of Our Family Board
9:30 - 10:45 am
Defining an Effective Board
Through a facilitated dialogue, we will explore the role of the board, characteristics of effective boards and making the most of your board.
10:45 am - 11:00 am
11:00 - 12:00 Noon
Board Succession Planning
Through a facilitated dialogue, we will explore prepping family members to be qualified and effective board members. Additionally, we will investigate qualifying finding and recruiting independeing board members.
12:00 Noon - 1:00 pm
1:00 pm - 2:15 pm
Assessing the Board
Through a facilitated dialogue, we will discuss when to advise and when to lead. We will examine different methods of assessing the board, board members and chairman. How is effectiveness meaured? By whom?
2:15 - 2:30
2:30 - 3:30 pm
Group Directed Discussions and Wrap Up
3:30 pm
Meeting concludes, follow up and next steps
Uber/Taxi service to airports as needed.


$500.00 Member

$700.00 Guests and Non-Members