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  • STEPHENSEON ENTREPRENURSHIP INSTITUTE FAMILY BUSINESS


    INTRODUCTION

    Here's How the Forum Works


    The LSU Family Business Forum offers family business owners such as yourself opportunities to gain knowledge that can help you successfully operate and expand your business. The Forum offers practical, interactive programs, resources, and networking opportunities designed to promote future business success. The Forum sponsors half-day business meetings where you will learn from top management professionals, savvy business consultants, informed university professors, and experienced family business owners how to:
    • Create a vision and strategic direction that family and non-family employees can share and work to achieve.

    • Identify and resolve potential relationship conflicts between generations, family and non-family employees.

    • Smooth leadership transitions and resolve conflicts about power, control and money.

    • Develop reward, compensation, and motivational strategies for family and non-family employees.

    • Prepare the next generation to take over leadership of your growing business.

    The Forum also provides ample opportunities for you to meet informally and confidentially with business professionals and other family business members to discuss common problems and share solutions.

    Forum Member Testimonials


    PROGRAM FEATURES


    Meetings feature in-depth presentations by real live family businesses about issues they have confronted. The nation's leading experts provide in-depth knowledge and insights on issues directly relevant to your family business.

    Breakfasts are held throughout the year that deal with technical and managerial issues of law, taxation, financial planning and management, business strategies, estate planning, or other crucial considerations. Each meeting provides ample opportunity for interaction with leaders of other family businesses like your own.

    Electronic Newletter
    An electronic newsletter for all Family Business Forum members and friends is in the process of being produced. This newsletter will compile the best and most innovative family business news from nationally known family business experts along with information and viewpoints from our sponsor businesses.
    Please send your e-mail address to cacarte@lsu.edu if you would like to be added to our electronic mailing list.

    Membership benefits
    Interaction with family business peers and a chance to share experiences in a confidential atmosphere

    Access to nationally recognized experts and family business materials

    Meeting with Director and/or Assistant Director to discuss your family business and determine your needs and goals

    Networking opportunities among Family Business Forum members and friends and other business leaders in the Baton Rouge community


    Forum members are assigned to groups consisting of individuals in similar positions in their family businesses. These peer groups meet to share experiences and perspectives on issues of family business. Coordinated by professors and facilitators, the groups typically have lives and agendas of their own to better serve their members. Groups include: senior management/owners, junior generation in the business, family not in the business, non-family key executives, and others.

    The Family Business Forum Directory is a for-members-only guide to Forum members and sponsors, enabling all participants to develop closer relationships with one another.

           
    MEMBERSHIP


    Policy: The Family Business Forum is a membership organization available to a select, limited number of family enterprises. Members are typically businesses with multigenerational family ownership and management. Members include businesses in all industries with annual sales ranging from a few million to as much as a billion dollars. Employment ranges from about 10 to several hundred.

    Member Fees
    : Each participating family business pays an annual fee.  This fee is for representatives of the member company to attend all programs and breakfast meetings.  The fee schedule is shown below:



    SUPPORTERS

    The Family Business Forum is a program coordinated by LSU's Stephenson Entrepreneurship Institute. The program's supporters are carefully selected for the professional expertise they bring to the Forum. Supporters are selected to represent different types of businesses that can be resources for forum members, such as insurance, legal, banking, and so on.