It’s Far From Groundhog Day at EFBC

Yeah, we have 25 days until Spring! Regardless of what Punxsutawney Phil thinks, it’s anything but Groundhog Day at EFBC. The cold darkness of winter is often a time when I, like so many others, can feel out of sorts. I am grateful to have EFBC exploring new opportunities to connect. Ted Talk Tuesdays have been a welcome new energy booster and the committees and board are actively working on our strategic plan.

Our recently reorganized board is approaching its first transition as five Directors graciously step down from their roles to welcome new voices and perspectives. We can’t wait to celebrate those stepping off and welcome those stepping onto the board. Stay tuned as we prepare to nominate the five new Directors!

One of the most exciting things in the works is the Membership Committee investing in the continued development of the Emeritus Group. This membership level is made up of a combined 150+ years of experience in the EFBC, running businesses, working with family, not working with family, selling their business, still owning their business and everything in between.

The Emeritus group quickly identified where they could have the most impact on the organization: consulting others on preparing for their business transition plan. Is it ever too soon to be thinking about that critical chapter? I don’t think so and I will be reaching out to learn more myself.

The group just completed their training and are officially TPA facilitators! EFBC now has nine experts ready to assist and empower members with the transition process. No matter what questions you have, what tools you need or support you require, you can lean on EFBC to ensure a well thought out, well communicated, and smooth transition for you and your business family. Congratulations to Bob Carmody, Brian McIlwee, Bruce Dement, Cathie Duff, and Val O’Donnell. Additional thanks is due to the already established facilitators who have supported EFBC members through the TPA thus far: Judy Hogel, Liz Fidanovski, Deanna Salo, and Marcus Newman.

As part of the second generation that watched my family become conflicted and confused over how to transition, I wish we had the knowledge and tools of the EFBC TPA program. I suspect it would have saved some hurt feelings and confusion.

This is available to both members and the public. If you are ready to explore this program, please let our Executive Director Liz know.

Nirel Inman

Nirel Inman
Co-President, Chicago Glue & Machine
EFBC President 2020-2021

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