Part 2, 2021 NextGen Series: Avoiding an Entitlement Mentality
Figuring out how to maintain strong family relationships and a strong business can be a tremendous challenge for business families. While some family members work tirelessly to help their business succeed, others may be there simply because of their ‘last name’ and serve as impediments to their business. Balancing the needs of the family with the needs of the business is therefore important to creating a healthy family and a healthy business. Learn how your family can excel at this balancing act from a nationally recognized expert on family business. Dr. Kimberly Eddleston, from Northeastern University, will share how you can successfully manage relationships, make and communicate tough decisions, and maintain close family relationships.
Taking inspiration from The Godfather, Eddleston’s interactive presentation will center on the “Fredo Effect” which is based on the flawed middle brother from the movies who became an impediment to the Corleone family business. Studies show that approximately one-third of family businesses admit to having a family employee who is an impediment to the business. Learn how to prevent this effect in your family business and navigate the unique operating challenges that it creates in your organization.
Keynote Speaker
Kimberly A. Eddleston, Northeastern UniversityKimberly A. Eddleston is the Schulze Distinguished Professor of Entrepreneurship at the D’Amore-McKim School of Business, Northeastern University. She is also an Academic Scholar at Cornell University’s Smith Family Business Initiative. Professor Eddleston’s research focuses on the interface of work and family, with a particular focus on women’s entrepreneurship and family businesses. She serves as an Associate Editor for the Journal of Business Venturing, Senior Editor for the Entrepreneur & Innovation Exchange (eix.org), and Founding Editor of FamilyBusiness.org. Professor Eddleston has won multiple awards for her research and has published more than 60 articles in leading journals such as Academy of Management Journal, Strategic Management Journal, Journal of Applied Psychology, Journal of Management Studies, Journal of Business Venturing, and Journal of International Business Studies. In addition, she has had various levels of involvement with several of her family’s businesses, which are in the real estate, construction, business services, and hospitality industries.
*Due to confidentiality concerns, this event will not be recorded*
Date and Time
Tuesday Apr 27, 2021
7:30 AM - 10:00 AM EDT
7:30 Breakfast and Registration
8:00 Case Study Discussion
8:30 Keynote - Kimberly Eddleston
9:30 Q&A
10:00 Adjourn
Location
L. William Seidman Center
50 Front Ave. SW
Grand Rapids, MI 40504
Room: Forum, SCB 1008
Fees/Admission
Refund Policy: Cancellations must be received by Friday, 4/23/2021 to receive a full refund.
In-person event tickets are limited in availability and are being made available on a tiered basis.*
Public in-person registration opens on 3/15/2021.
Public In-Person Registration: $100
Member and Underwriter Registration: Free tickets in accordance with level.