This program explores family and nonfamily leadership in legacy businesses from the perspectives of the family and the professional advisors who counsel privately held businesses. The 2016 Pwc survey of US family business owners found that most owners planned to pass the business on to the next generation "to own and run." However, 2016 marked the first time that US family businesses reported a higher number planning to sell the business to an outside party than to pass the business on to the next generation "to own but not run". Family governance structures, culture and long-term plans provide the basis for deciding whether nonfamily leadership is an effective option to grow a legacy business.
Thursday, November 15, 2018 at 1:00pm to 3:45pm
Sentinel Hotel, The Library 614 SW 11th Ave, Portland, OR 97205