Thursday, March 12, 2009 from 8:30 AM - 10:30 AM (ET)
Every business has been there. A strategic plan was discussed, developed, delivered then somewhere it went dormant. Yet virtually all research affirms the fact that without well articulated vision, mission and goals, a business will find sustained success elusive. In an environment where stakeholders wear multiple hats and need to keep their focus in an ever turbulent economic landscape, strategic planning is essential to the health of the family and privately owned business. This executive level forum will explain the critical process of executing a successful strategic plan including: alignment between family mission/vision and business mission/vision, exploring strategic potential, exploring business strategies, choosing direction, basic evaluations of strategic options, exploring family commitment, developing effective ownership.
Cheryl Stein draws on over fifteen years of experience in a family business as well as a Masters Degree in Organizational Development and Management to help family businesses with transitions and change. She specializes in strategic planning, leadership development, succession and governance. Prior to becoming a family business consultant, Cheryl served as a vice president of her family’s eighty-year-old real estate company. She worked with her grandparents, parents and siblings in a functioning multi-generational family enterprise. Although she continues to work part time for the family company in an advisory capacity, since early 2006, she has been consulting full time.
Cheryl Stein is President of Stein Coaching and Consulting (http://www.steincoaching.com).
The Vermont Family Business Initiative is dedicated to supporting and strengthening the network of businesses that are family and privately owned. The VFBI serves family business owners, next generation leaders and key employees through a series of family business forums, management development seminars and affinity groups with peers in other successful family firms.
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