LOS ANGELES, Sept. 17, 2015 (GLOBE NEWSWIRE) -- The Southern California Chapter of the National Association of Corporate Directors ("NACD SoCal") and USC Marshall Family Business Program today announced that it will co-sponsor a family forum focused on creating successful, multi-generational, family businesses.
To be held on Thursday, October 8, 2015 at The Jonathan Club in downtown Los Angeles, the forum will address some of the critical issues in creating successful, multi-generational, family-owned businesses. Topics include:
- Preparing for a child to enter the business
- Transitioning from the founder to the next gen
- Governance of the business and the family
- Avoiding the wealth evaporation trap to ensure that wealth created in the business transfers to realized wealth for the family
The forum will feature:
- Dean James Ellis of the USC Marshall School of Business
- Dr. Lee Hausner, family business expert
- George Isaac, Founder and Managing Principal of George Issac Consulting
- William Hawfield, Co-Founder of The Board Group
- Other subject matter experts in the field
"Creating a successful business is difficult, and fostering an effective family unit is also challenging," said Ken Ude, Director of USC Marshall Family Business Program. "Doing both in the context of a multi-generational, successful, family business can be overwhelming -- yet approximately 85 percent of all new jobs in the United States are in family-owned businesses. Our upcoming forum is sure to be an essential learning experience for both seasoned business owners and next gen small business leaders alike. We hope that our guests will enjoy hearing from experts in the field and sharing their own experiences with other family business owners."
This forum will also serve as the launch for the USC Marshall Family Business Program. For information and to register to attend this forum go to www.marshall.usc.edu/familybusiness.
National Association of Corporate Directors
The National Association of Corporate Directors (NACD) is the only membership organization focused exclusively on advancing exemplary board leadership. Based on more than 35 years of experience, NACD identifies, interprets, and provides insights and information that corporate board members rely upon to make sound strategic decisions, confidently confront complex business challenges, and enhance shareowner value. With more than 16,000 members, NACD provides world-class director education, director training, and proprietary research about leading boardroom and corporate governance practices to promote director professionalism and bolster investor confidence.
Furthermore, to create more effective and efficient corporate boards, NACD provides independent board evaluations and custom-tailored in-boardroom education and training programs, as well as director-led conferences, forums, and peer-exchange learning opportunities to share ideas about current and emerging issues. Fostering collaboration among directors and governance stakeholders, NACD is shaping the future of board leadership. To learn more about NACD, visit www.NACDonline.org. To join, contact Kelly Dodd at Kelly_Dodd@NACDonline.org or 202-765-0878.
Southern California Chapter of the National Association of Corporate Directors
The Southern California Chapter of the National Association of Corporate Directors (NACD) was chartered by NACD in 1978 to enhance corporate governance in the Southern California region. The NACD SoCal Chapter provides local educational and networking opportunities for individuals who serve as directors of corporations and business organizations from all industries, public and private, profit and non-profit. Our vision is to prepare members for effective Board of Director roles and foster the positive image of corporations and business organizations through improved corporate governance. The principal emphasis of the NACD SoCal Chapter and its events is to provide vital information and education to current NACD members and their guests. To learn more about the NACD SoCal Chapter, visit http://southerncalifornia.nacdonline.org/.
USC Marshall Family Business Program
The Family Business Program's mission is to help family-owned businesses 'create and preserve wealth by increasing the professionalism of the business and the effectiveness of the family'. To accomplish this mission the Program will be hosting a series of workshops and seminars to explore the key issues family-owned businesses need to navigate to create a successful, multi-generational family business; such as succession planning, governance, communication within the family, preparing to enter the business, wealth management, etc. The Program will draw on the resources at Marshall and other subject matter experts, such as Lee Hausner, PhD., who is an author, speaker and expert in the field and a senior advisor to the Program. The Program is for the whole family and will be membership based, so that we can assure the quality and caliber of those participating. For more information go to www.marshall.usc.edu/familybusiness.