This is a segment from the 2017 FOX Fall Forum seminar, Family Learning Programs: Designing for Engagement You can view the full video of the seminar, or explore more clips from it here:
Family businesses transitioning from the owner-manager stage to a larger and more diverse family ownership group often lack the practices necessary to assure owner alignment and avoid conflict. Many times, owner groups are perched on the lip of what we call the “conflict spiral,” ready to descend into fractured communication and hostile relationships. Our presenters have found that the “four-room model” provides a clear and practical perspective on how governance and decision-making can evolve in successful family enterprises.
Family office executive, Jill Koosmann, with G5 family members, Katherine Hayes and Kate Tilney, will highlight how the family and office staff worked together to complete a significant generational transition. Learn how they worked together to meet the family’s current needs, while respecting the evolution of the family’s culture. By addressing questions about where they are going, what business they are in, and how to measure their success, the team learned a great deal in the process.
All families have drama. However, in complex family and family-business environments, the toxic residue the drama leaves can’t easily be tolerated. Fortunately, we know the antidote: conscious, trust-based leadership. In this session, Jim Dethmer, advisor and co-author of The 15 Commitments of Conscious Leadership, will facilitate an interactive experience to help attendees identify the sources of family drama and the roles they play.
In the not-too-distant past, it would have been unimaginable for health care coverage to be a point of political debate. Today, Health and Welfare (H&W) benefits, while once only a “perk”, are becoming an integral part of an integrated total compensation package.
If you think you may need a family office to manage your family’s wealth or you want to take the family office to the next level, this webinar will help you find out what a family office does and what it takes to start and maintain one.During the webinar, you will learn about the concepts FOX has garnered working with financially successful families around the world.Highlights included:
This session will discuss how traditional asset allocation has been impacted by the phenomenal growth of indexed products and share Mr. Bregman’s view that investors who believe they are appropriately diversified—by traditional standards—may be exposed to systemic and valuation risk.
When families and family offices become involved in direct investments, whether as lead or coinvestors, they take significant additional risks that need to be appropriately managed. Such risks include regulatory exposure and potential lawsuits from coinvestors, employees and other stakeholders in the investee companies, and sellers and potential buyers of investee companies. Effective strategies for managing and insuring against such risks will be discussed in detail.
This session will focus on public (liquid) and private (illiquid) approaches to infrastructure investing. It will highlight risk factors as well as investment considerations and review deployment opportunities including fund-of-funds, direct private equity infrastructure funds and syndicated coinvestments in the infrastructure sector.
What do families tend to underestimate or overlook in the due diligence process? A single misstep in understanding the market of the target business, in evaluating the sustainability of product-line and customer-level profitability, or in assessing and motivating the management team, can wipe out a generation of wealth.