Family Business Newsletter

a publication of the                                               Delaware Valley Family Business Center

                       July 2010
Family Business Learning Community:
Upcoming Forums
Dinner Meeting Confirmed!
 
Join us for our 7th Annual Dinner Meeting on the evening of November 11:
 
Ross J. Born
Ross Born
 
We're delighted to learn from Ross Born, Co-CEO of
Just Born, Inc., a third generation family owned candy business in Bethlehem, PA.  Ross joined the family firm in 1978 and shares the responsibility of leadership with his cousin, David Shaffer.
 
 
Family Business Spotlight: 
Meet Chris Martin, 6th generation Chairman/CEO of C. F. Martin & Co., Nazareth, PA.  The Martin Guitar Company has been
Chris Martin
yadda
producing acoustic instruments for the past 177 years.  The evening will include the musical sounds of a Martin guitar!
CalendarUpcoming Events:    
 
The webinar will include an overview of the basics of the rule, its impacts, exclusions, and advice on how to remain compliant in the day to day tasks of your organization.  Reserve your Webinar seat now!     
September 23 Forum: 
 
At the end of the Vietnam War, Joe Oliver was 1 of the 10,000 employees downsized from Boeing Helicopter Division where he worked as an engineer. Rooted in his strong faith, integrity and engineering savvy, Joe built a superior customer service company which today is led by non-family president, Rocco Pace, and supported by an outside Board of Directors. In 2009 Oliver Heating & Cooling successfully transferred the stewardship of ownership to the next generation!
 
LTI logo
Family Council Spotlight:
McVaugh Family of
 
Read more.   Register now!
Click here to read about other Family Business Learning Community Forums ... and mark your calendars!
Family Business Learning Community: 
Past Forum Highlights
CalendarHighlights from our July 15 Mini-Forum
 M106 group photo
With the uncertainty of today's economy, it's more important than ever to map out your best route to achieving the retirement you envision.Thanks to Jon Samel, Esq., HRMM&L, and Chuck Kedra, Legacy Planning Partners, for leading us in an educational discussion on estate and retirement planning which is vital to the future of our families and businesses.
 
Celebrating Learning Community Progress
Member Progress Modern Graphics Logo 

Modern Graphics would like to welcome and introduce its new Director of Business Development, Joe Kudla.   Formerly Director of National

Accounts at LeapFrog Educational Toys and Games, Joe was instrumental in growing the company from $3 million to $700 million in just six years.  He spearheaded the internationalization of LeapFrog as Managing Director for LeapFrog in the UK before founding his own product development company.  Joe brings more than 20 years of combined experience in retail sales, manufacturing and branding to Modern and its diverse client base.

Four Seasons WarehouseFour Seasons Produce Inc., Learning Community member since 1999, is featured in the summer issue of High Performing Buildings, in an article highlighting their energy and sustainability initiatives.
 
Click here to read the article.
Leadership Lab Update
 
Matt Hershey Family
One of our Leadership Labs welcomes Matthew Hershey, G2 (Generation 2), General Manager at Diversified Exteriors, Inc, Parkesburg, PA.  Matt is the son-in-law of the Founder/President, Galen Smoker.
 
Photo: Matt and his wife Carmella with third son, Max.
 
Please contact Sally if you would like to learn more about how a Leadership Lab could fast track your development as a family business leader.
News from the Family Business Center
Learning Community Director - Sally Derstine
  
Sally, CroppedLast month I was delighted to tour a sustainable farm in the remote mountains of Puerto Rico with my daughter's Spanish class.  I was impressed with how together they carefully planned the placement of their crops, knowing that this crucial step was the means for their survival, and at the same time explored innovative ways to enjoy even more fruitful harvests.  It was inspiring to witness how their shared vision, while still in progress, was becoming a reality. Hard, but rewarding work.
 
I was reminded of our clients and members who also deliberately and thoughtfully plan for the futures of their families and enterprises.  It is a privilege to work with families who have the vision, courage, and resilience to do the hard work of managing the sometimes conflicting values, roles and relationships inherent in a family business.  Families who seek balance, alignment, and appropriate boundaries.  Families who wish to strengthen their families and their enterprises ... who move beyond sustaining to creating their futures ... together.  I invite you to join us in the journey!    
  
President's Corner - Henry Landes 
 Henry Landes 2010
Become a "life-giving elder" ... while there is still time 
 
A few weeks ago I read these words by Richard Rohr: 

 
"I hope you have met at least one older man who is understanding, mellow, and kind. It's a shame we expect people in their seventies to be crotchety and set in their ways; it should be just the opposite. We want "grand" fathers!... We have to change the whole cycle. There has to be a different way. No civilization has..."
 
Click here to read complete article.
In This Issue
Family Business Learning Community
Celebrating Learning Community Progress!
News from the Family Business Center
Recommended Reading
Recommended Reading

Silos, Politics and Turf Wars: A Leadership Fable About Destroying the Barriers That Turn Colleagues Into Competitors
 
by Patrick M. Lencioni
 
A powerful fable providing an insightful look at how companies can recognize and remedy infighting and reach alignment.
Founded in 1988, the Delaware Valley Family Business Center is a family business advisory firm which prepares business families for generations of success.  As the premier Family Business Center in the Philadelphia area, we have served over 600 business families.  Our intergenerational team-building process, "The Lasting Legacy Process™" provides the direction, confidence and tools to grow robust enterprises, develop competent leaders and strengthen family relationships.

For more information on preparing for generations of success or to register for an upcoming event, please contact Sally Derstine at (215) 723-8413 or click here to email.