Family Business Newsletter                                             April, 2012

Jamie Richardson, White Castle

Jamie Richardson, White Castle and

Doug Clemens, Clemens Food Group

 DVFBC Logo Horizontalballoons

Family Business Learning Community Celebrates 20 Years

Sharing Best Practices, Tools, Journeys

 Upcoming Forums! 

Family Business Learning Community

Upcoming Forums

May 10 Breakfast Forum...

 

Building Business Relationships that Last:

5 Steps to Transform Contacts into High Performing Relationships  122 Collage

 

Thursday, May 10, 2012
7:30 AM - 11:30 AM

Radnor Valley Country Club 

 

Register Today!

 

Relationships are critical to business success, but no one has provided a simple system to turn contacts and acquaintances into valuable assets-until now.  We're delighted to have author and entrepreneur (Relational Capital Group) Ed Wallace introduce his 5 step process to reveal how to transform ANY business relationship into a valuable source for your family business on May 10.

 

Learn from Aaron Baum, 2nd Generation President, Baum Precision Machining, Inc., to talk from the "other side of the table."  What are the risks, challenges and benefits ... for the business, the family, and the successor?

has a first-hand appreciation for the challenges faced by business families.

Read more! 

 

June 5 Mini Forum...  

 

Good Health is Good Business:

Best Practices for Modern Companies

 

Tuesday, June 5, 2012

Date and Time To Be Announced

Register Today! 

 

In the current economic climate, the business imperative for addressing health care costs has never been greater. The case for moving beyond "wellness" and on to a more comprehensive health management strategy is compelling.  Join us for a multi-level discussion on the business case for health management, as well as some practical examples of best practices in the industry, including measures being taken at several local family-owned businesses.

 

Read more!

 

September 20 Breakfast Forum... 123 Photo and Logo

 

Parenting, Wealth & Legacy:

Wisdom from an Attorney with a Heart

 

Thursday, September 20, 2012

7:30 - 11:00 AM

Radnor Valley Country Club 

Register Today!

 

Running one or more successful businesses and nurturing a great family is a complex interplay involving balancing time, roles, and responsibilities. Is your business family concerned about what the business' wealth will do to your children and grandchildren? How can your family's wealth be a positive force in the lives of the rising generations? How will you pass forward the values you hold so dear?

 

These are challenging, middle-of-the-night questions. Join us on September 20 to hear powerful stories on these topics by John A. Warnick, a "recovering" attorney who is passionate and gifted in guiding families through their journeys of parenting, wealth, and legacy as they also balance family business dynamics.

 

Visit John A's Seedlings Blog entry: "Is there Greece in Your Child or Grandchild's Future?"

 

Read more!
Delaware Valley Family Business Center

Sally, Cropped  Sally Derstine

  Managing Director

 

 

 

 

Henry 2011  Henry Landes

  Founder

 

 

 

340 N. Main St.   Telford, PA      18969

215.723.8413        www.dvfbc.com

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Recommended Reading

The Advantage Book CoverThe Advantage: Why Organizational Health Trumps Everything Else In Business by Patrick Lencioni

 

Improved health will not only create a competitive advantage and better bottom line, it will boost morale. Lencioni covers four steps to health: build a cohesive leadership team, create clarity, overcommunicate clarity, and reinforce clarity.

Family Business Learning Community Sponsors

Thanks to our Sponsors who bring a full range of financial, legal and other essential professional competencies to our Learning Community, as well as a growing knowledge base of family business dynamics and best practices as we learn together!

For more information,

click here.

 

Lacher Logo

 

KM Logo

 

 

HRMML Logo 

March Forum Highlights

The March 16 Forum featured the powerful story, values and innovation of White Castle, the 4th generation restaurant in over 12 states, and the now better known work of FEUSA and their advocacy of family firms nationwide. The morning also focused on the strategic thinking and power of social media.
 
Member reflections on the morning:
"One of the best Forums I have attended. Great job with speakers and topics!" Dan Stretz, Bucks County Electric Works
 "I like the mix of national & local speakers - this gives us a chance to see both sides." Robert Bergey, Bergey's Electric
 "It's unusual for a program to keep me engaged the entire time and for the speakers to be united in thought while on different topics. Well done!" Josh Balmer, Penn Valley Gas
 
Resources that were shared:
Theory U, presented by Scott Hackman, MyOhai
White Castle Story, Jamie Richardson, White Castle
 
Photos from March 16:
Scott Landis, 122
Scott Landis, G3, Landis Supermarket, was recognized for his new role as board chairman
121 Speakers with Henry & Sally

Presenting Team:Henry, Sally, Scott,

Ann and Jamie

Heather Chandler,
G2 President of Sealstrip Corp. was recognized for 15 years of participation in the Learning Community!

 
121 Cook Books

Recipients of the White Castle Cookbook

Marty Wismer, G2, G.T.R., Inc.

Megan Reilly, G2, PrintMail Systems, Inc.

Beth Bergey, G3, Bergey's Electric

Thanks, Jamie!





      
 
     

Announcing Member Advisory Council

Thanks to a group of long-time, active Learning Community members selected to serve as a Member Advisory Council (MAC), a strategic think tank to enhance the Learning Community. Please feel free to share your ideas with the MAC group, Sally or Beth! 

 

 
From Left to right, first row: Heather Chandler, Sealstrip Corp. and Sally Derstine, DVFBC
 Second Row: Mario Vicari, Kreischer Miller, John Reininger, Clemens Food Group, Mike Hiller, Laboratory Testing, Inc., Josh Balmer, Penn Valley Gas, Chad Lacher, Lacher Insurance, David Hollinger, Four Seasons Produce, Keith Brubacher, Brubacher Excavating

CelebratingLCProgressCelebrating 20 Years of Learning Community Progress!

Welcome New Learning Community Members!
 Tavo Logo
Welcome to the Taylor family of Tavo Packaging, Fairless Hills, PA, whose specialty is folding cartons. Tavo celebrated it 25th Anniversary in 2003!

 

G.A. Peak Excavating, Sellersville, PA is an excavating contractor in the second generation. Welcome to the Peak Family!Ron Huber
 
Oskar Huber Furniture and Design has been family owned and operated since 1927. They offer complimentary professional design consultations, combined with top quality manufacturers! Ron Huber, one of the 3 co-presidents, joined us at the March 16 Forum!

LCDirector From our Managing Director, Sally Derstine

 

Sally, Cropped

Sally Derstine

Managing Director

Mark your calendars to join us at the May 10 Forum to hear from Ed Wallace & Aaron Baum!  Bring your sales team as they will also value Ed's powerful stories, practical tools, and the workshop where participants will work from their own RQ (Relational Quotient) Assessment (which you will complete online prior to May 10).  The principles will be reinforced in Ed's book which you will take home!

 

As a second generation leader, I am personally looking forward to hearing Aaron's perspectives on the "Next Generation Successor...Not the East Road!"  Aaron's journey includes two successful careers prior to joining the family business.  Members of Aaron's Leadership Lab will also be sharing some of their experiences and perspectives.  And we look forward to hearing some of yours!  Family members 16 years and older would benefit from this Forum!

 

Read moreRegister Today!

 

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.