Your Family Business Journey Will Come to an End, BUT NOT ON YOUR WATCH.
-- not if you learn key essons from the 1st leg of any family business odyssey
-- and not if you use the 'stars' to nvaigate the "7 Cs" and the perilous passages between
All businesses are under the increasing threat of a shortened life span in today’s economy. But multi-generational family-owned businesses face even higher risks.
The sailing metaphor serves as the backdrop for understanding the cycle of business creation, maturation and transition. The speaker will:
- uncover what often happens in each C phase of the journey,
- highlight the beliefts and fears to be mindful of along the way,
- offer key lessons and insights, and suggest how to use them to enrich and prolong the economic journey of your family-owned business.
Bill Carroll, a partner with Newport Board Group, will share his extensive family business experience – as a former non-family CEO within a family-owned business, as a coach and advisor to more than 20 family business management teams, and as Family Business course developer and faculty at Hult International Business School.
The conversation will span a wide thought horizon including philosophy, psychology, business development, complexity, and much more.
Founders, family business owners, managers, their partners in business, and their service providers all stand to benefit from the exchange.
Registration/Networking - 7:30 a.m.
Program - 8:00 to 9:00 a.m.
This event is being offered as a free education session.
300 TradeCenter, Suite 7600
Woburn, MA 01801
About the Presenter
Bill is an accomplished CEO with a history of leading large and mid-sized companies through complex challenges, maintaining profitability and liquidity while expanding into new growth markets.
For over 15 years, Bill held a number of progressively more senior positions with Lasermax Roll Systems and its predecessors, a global leader in automating high-speed digital printing systems. As president and then CEO, for 8 years he led the company through challenging transitions: new ownership, merger with a competitor and the impact of the great recession. His leadership resulted in maintaining profitability and re-energizing the company’s mission via new products and markets, with no borrowing. The company achieved profitability despite adverse economic conditions, including a 30% revenue decline, which it countered with targeted cost-reduction actions that did not harm customer relationships. The company withstood its parent company bankruptcy, securing new ownership and refreshing its brand.