Building a Sustainable Enterprise: How to Plan For the Future Without Ready Now or Ready Soon Successors
Wednesday, January 25, 2023 @ 8:00 am - 10:00 amFree
Does your organization really require a family member take over the helm, or is there another approach? Many entrepreneurial and family businesses think of ownership succession as a way to pass the torch and secure their values and legacy. However, a solid corporate board and a family governance process that focuses on stewardship rather than succession leaves room for outside leaders to be part of the transition, especially when there isn’t a ready-now, ready-soon, or any successor at all
Join the EFBC community as we welcome Meghan Juday for Building a Sustainable Enterprise: How to plan for the future without ready now or ready soon successors. As a fourth-generation leader and Chairman of the Board at IDEAL Industries, a 106-year-old family business in its fifth generation of ownership, Meghan understands what helps family businesses thrive and survive. A speaker, author, and family business advocate, Megan has made it her mission to share this know-how with the family business community. Meghan serves on the Kingsbury, Inc. Board, Brightstar Capital Partners Advisory Council, the editorial board for Family Business Magazine, the Private Directors Advisory Board, and the Northern Illinois University Presidents Advisory Council.
Doors open at 8:00 AM and the program will begin promptly at 8:30 AM. Stay to chat more with Meghan and connect with the EFBC community from 9:30 to 10:00 (11:00 AM ). Continental breakfast and beverages will be provided.