May 21st, 2007
Consulting to a Family-Owned Business
You need to understand the
rewards... and the perils
Consulting to family businesses can be a very rewarding endeavor. However, it is one that can be wrought with peril for the consultant who is ill prepared.
The DFW Chapter of the Institute of Management Consultants is pleased to present Jim Hutcheson, author of the best-selling "Portraits of Success." Jim will provide insights into family businesses that can only come from his having run one of the largest family businesses in the country, then changing careers to become one of the leading consultants in the field over the past decade.
Join us on May 21st and hear Jim's intriguing perspectives on family businesses and how to enhance your success when working with them.
Consider the following statistics provided by the Family Firm Institute:
The greatest part of America's wealth lies with family-owned businesses. Family firms comprise 80% to 90% of all business enterprises in North America.
More than 30% of all family-owned businesses survive into the second generation. Twelve percent will still be viable into the third generation, with 3% of all family businesses operating at the fourth-generation level and beyond.
The leadership of 39% of family-owned businesses will have changed hands in the next five years!
Learn from one of the foremost family business experts. Here's a golden opportunity to gain from his experience and double-check your own method of working with family-owned organizations, where day-to-day business considerations often collide with family skeletons and hidden agendas.
*** ONE EVENING ONLY! ***
Invite a Guest
Don't miss IMC D/FW's next Forum! There will be plenty of time for networking with colleagues before the presentation while you enjoy a light buffet and your choice of beverage.
Hear how other consultants have leveraged their knowledge and processes by developing saleable products for use by clients or other consultants. Contribute your own experiences and ask questions
register on-line today - Click Here
James Olan Hutcheson
Jim is the founder of ReGENERATION Partners, and is devoted exclusively to assisting family owned and managed enterprises increase shareholder value, improve communication, and resolve conflicts.
Jim has more than 25 years of "hands-on" family business experience - beginning with his own family's business, Olan Mills Inc., the world's largest portrait photography company. Jim joined Olan Mills in 1976 and rose through the ranks to eventually head all of Olan Mills Studios - a family business with over 1,000 locations and 15,000 employees.
Jim left Olan Mills Inc. in 1995 to begin working with other family owned and managed firms that were experiencing many of the issues that he experienced while with his family's firm. Since forming ReGENERATION, Jim has worked with many of the premier family enterprises throughout the United States.
In addition to degrees in Psychology, Sociology, and a Masters in Business Administration, Jim is a member of several corporate boards and not-for profit organizations; including The Family Firm Institute, the governing association for professionals that work with family enterprises.
Each year Jim logs numerous presentations and publications on issues related to family business, serves as the contributing writer for Financial Planning Magazine, and is routinely featured in major media including USA Today, The Wall Street Journal, The New York Times, CNBC, MSNBC, and PBS.
Jim is the author of Portraits of Success: 9 Keys to Sustaining Value in Any Business, (Dearborn Publishers, August 2002), an inspirational management and leadership book, loves to snow ski and water ski, ride his Harley-Davidson and is working on his next book.