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Helping Family Businesses
Prosper Across Generations®



YPO Member Special Pricing

$2280: 1 family representative
$2040: each additional member*

A 20% Savings!

*Up to five total attendees per family


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November 1 & 2, 2018 | Kimpton Hotel Palomar Chicago

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2018 Program Theme: Developing the Next Generation

As families change by welcoming new members and new generations, active communication and participation are essential to building family cohesion. An effective family governance process can provide the essential forum for constructive discussion and problem solving that places the culture, values and goals of the family on the same plane as that of the business. Over the course of this program, attendees will gain new insights on developing the next generation, learn from successes and struggles of other families, and integrate their learnings into actionable goals to put into place in the year to come.

Program Format

This highly interactive event features a unique mix of case studies, best practices and shared experiences -- fully supported throughout the program by peer insight and advisor expertise. The program includes discussion-based learning sessions and opportunities to dive deeper into topics that are most relevant to your family.

"I was pleasantly surprised at the openness to share ideas and open up. It is telling of the facilitators’ skill at cultivating a safe, welcoming environment to grow together. The workshops were engaging and dynamic."
Jamie C. Kinsley, Kinsley Construction, Inc.

Session Details

Opening Session: Building Capacity in the Rising Generation
The family enterprise world is hugely complex with its ever-changing landscape of the family, business and ownership lifecycles.  So how do business families develop thoughtful, capable next-generation family members to manage this complexity? It happens by investing in and nurturing an owners’ mindset along with a genuine sense of stewardship. This session will provide the context and overview for understanding how to build capacity in the rising generation. We will walk through a structure and approach for each stage of an owner’s development across the lifespan (from earliest years to retirement), providing examples and practical advice for the promotion of strong personal, interpersonal, family, and business knowledge and capabilities. We will explore how to grow the skills, knowledge, and abilities required to be an effective family business owner at any age or development stage.

Individual Development: Building Wisdom in the Next Gen
All levels of development are important but learning and growth often start with the individual. During this session, we will explore why development is important at this level and identify how to engage the rising generation to participate in core development activities through family governance. We will also sample a development activity to give the participants exposure to making learning interesting and fun especially for millennials.

Family Development: The Next Gen Joins the Family Team
Communication and partnership skills are essential to positively contribute to a family business — particularly as the family and ownership group grows and evolves. When your partners are by chance instead of choice, families often find it challenging to purposely develop those abilities. In our experience, we find that future generations learn best about teamwork through teamwork. This session opens by examining the dynamics and distinctions among ownership stages as they move through generations from founder to cousin teams and beyond. Next, we will explore practical examples of how other families successfully welcome future generations into the family enterprise by building trust, teamwork and communication as a collaborative family effort.

Educating Next Gens on Ownership 101
Planning for effective ownership is vital to the long-term success of any family business. And ownership itself is a somewhat abstract topic – by definition, it is a highly impactful role that is exercised infrequently. What IS ownership, anyway? How do next gens come to both understand what ownership means and choose what kind of owner they want to be? And, how do next gens participate in a holistic, long term approach to their own preparation to be an effective owner?

Goals and Decision Making: Tools for Alignment
An effective owner team rests on the foundation of: (1) A belief that each team member brings value to their role; and (2) Sufficient alignment around the enterprise’s vision and goals. Alignment is nurtured by developing a “fair” process for making decisions in advance of a decision at hand. Alignment is further supported by putting the right policies in place at the right time.

Business and Industry Development: Panel Discussion
When it comes to next generation development, a one-sized solution does not fit all. Decisions about the integration of the next gen must be made with first, a clear understanding of the needs of the changing organization and second, the correct application of the talent available to fit those needs. During our panel discussion, leaders from three diverse family enterprises will share their approaches to next gen education from career development and business basics to community outreach and wealth continuity. They will also discuss how their family governance systems supported these efforts and the lessons they learned along the way. This interactive opportunity offers a chance to dive deeper into real-world cases and apply the new concepts discovered during The Family Governance.

Event Times

Thursday, November 1: Day one of the program will open with attendee check-in, networking and breakfast taking place between 7:30 AM - 8:30 AM. The program will begin at 8:30 AM and wrap up with a reception and dinner at starting at 6:30 PM.

Friday, November 2: On day two, a private breakfast buffet will be available from 7:30 AM to 8:30 AM. The program will begin at 8:30 AM and conclude at 12:00 PM with lunch and an optional one-on-one consulting session. You will receive a detailed agenda in advance of The Family Governance Forum.

Join us for a two-day, interactive experience to support the
growth, development and success of your family’s legacy!



8770 W. Bryn Mawr Ave., Ste 1340W, Chicago, IL 60631
P: 773.604.5005 E: 

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