The O.Berk Company Family Business Forum was established by the Rothman Institute of Entrepreneurship in 1992 to support family businesses. The Forum is designed to provide family businesses in the metropolitan area with a unique opportunity to learn from leading experts about proven strategies for successfully owning and operating a family business through outcome oriented educational programs and seminars.
The Forum also provides members with the opportunity to exchange ideas and share experiences. Programs are designed to foster interaction and participation by addressing issues of specific concern. The members-only environment fosters long-term relationships based on mutual trust and understanding and an ongoing dialogue about family and business issues.
O.Berk Company Family Business Forum —2014 Schedule
Sponsor Insights: Navigating the Turbulence of Succession
Postponed until 2014 (rescheduled from December 5, 2013)
Family Enterprise: What Stakeholders and Their Advisers Need to Know
Thursday, February 13, 2014 • 8:30-10:30 a.m.
Speaker: Blair Trippe, Principal, Continuity Family Business Consulting
Family business stakeholders recognize that their environment is more complicated, largely because they recognize the importance of maintaining the strength of their business and family relationships. In this comprehensive presentation, Blair will discuss key practices from consultant’s perspective who also has been a family business stakeholder. Vital elements of family-business conflict management will be discussed, including the motivations of each stakeholder group, understanding where power is held in the family business and the importance of professional collaboration in helping family-business stakeholders. Members will leave with practical techniques to further the future of their families and their businesses.
To register, e-mail Gabrielle Zuccaro at email@example.com or call 973-443-8842.
2014 Seminars (dates to be announced):
The New Healthcare Reform: How does it impact small business and YOU? + Swap Agreements
Speakers: Edward Ahart, Jason Waldstein and Cynthia Flanagan, Schenck, Price, Smith & King, LLP
Robert Lemaire and Rohan Deonarain, Citibank
"The Patient Protection and Affordable Care Act: Will the Employer Mandate Portion of the Act Apply to My Company?"
The Employer Mandate is a complicated provision of healthcare reform that can be misleading to companies at first glance. Employers of all sizes should be aware of its requirements and consequences of noncompliance. The Employer Mandate, as well as other provisions of healthcare reform, will be discussed during this presentation by the law firm of Schenck, Price, Smith & King, LLP.
This session will provide a unique opportunity to gain insightful “real time” counsel on the issues that are important for our members. Leaders from our legal sponsor will be on hand to address how the new healthcare legislation will affect businesses both big and small. In addition, swap agreements and hedging will be presented by Citibank's Swap Product specialist, Rohan Deonarain.
Sponsor Insights: Navigating the Turbulence of Succession
Presenters: Alan Sobel, Managing Partner, Sobel & Co. and Gary Botwinick, Partner, Einhorn, Harris, Ascher, Barbarito & Frost
Generational transition in a family firm can be a stressful time. If managed incorrectly, it can cause damage both to the business and to family relationships. The right ownership structure and strategy can prevent this. In this session, members of our Legal and Accounting sponsor organizations will be on hand to give best practices and insights as to how to set a transition plan in place that will protect the interests of both the business, and the family, for generations to come.
For More Information
If you are interested in attending an upcoming session as our guest or to learn more about the Forum, please contact us at 973-443-8842. More about the Institute at www.fdu.edu/rothman.
We graciously thank Norbert Gaelen and his family for their generous contribution to the Institute's Family Business Forum, and we are pleased to announce that the Forum was renamed "The O.Berk Company Family Business Forum." The Gaelen family's special commitment will enable the Institute to grow services and help more family firms succeed locally, regionally and globally.
Over the course of four generations as a family-owned and operated business, the O.Berk Company has worked tirelessly to maintain their tradition of outstanding customer satisfaction. Combined with a vision for future growth and innovation, the 100-year old O.Berk Company continues to be a leading, full-service supplier of glass and plastic containers and closures nationwide.
Family businesses face unique challenges. In addition to all of the fundamental issues involved in operating a business, families in business must address a number of other important concerns, including:
A typical O. Berk Company Family Business Forum seminar consists of from 40 to 60 members – representing two or three generations - with family and non-family members - from various types and sizes of businesses. Representatives from sponsoring organizations are also present at seminars to offer their expertise when appropriate. Seminars vary in content and format. Some feature family business experts while others include panels of members and sponsors.
These sessions are designed to provide members with ample time to fully explore issues with the aid of national experts, while offering enough time to return to the office for the better part of the afternoon. The day begins with continental breakfast at 8:00 a.m.
These two-hour sessions focus on subjects of timely interest to members, and often feature regional experts or panels of Forum sponsors and members. The seminars begin at 8:30 a.m. and finish by 10:30 a.m. Continental breakfast is included.
Each Forum seminar features brief updates by one or more professionals on current or developing business issues relevant to family businesses.
These meetings allow members to join together in small groups to meet with each other and a facilitator to discuss issues which they identify as important to them. Participation in a Peer Group complements the Forum sessions by allowing members to further explore issues, many of which are generation-specific, in a smaller, more intimate setting. For example, there are groups for the Successor Generation and for Owners and Founders.
Each member family is offered a complimentary consultation with each of the Forum sponsors.
The relationships that develop among member are one of the greatest benefits of membership. The December holiday gathering is an opportunity for members, sponsors and University representatives to relax and get to know one another better in a purely social setting.
Each member family receives an annual subscription to The Family Business Advisor, a monthly newsletter devoted to successful business management, family relations and asset protection. This newsletter has a vast readership and strong reputation within the family business community, and features interesting and substantive articles.
Rothman Ink, the Institute’s newsletter, keeps Forum members apprised of issues related to entrepreneurship as well as the various programs which fall under the auspices of the Rothman Institute. Previous Family Ink Articles
Forum members receive a 50 percent reduction on all seminars offered through the Institute’s Innovation Programs and Female Entrepreneurs' Alliance, which present programs for the business community throughout the year.
In our member's words:
“The bottom-line in family leadership is our relationship with loved ones. The workshops and group sessions shape gifted people into authentic leaders who can better balance compassion and command while creating wealth for stakeholders.”
- Tom Sutherland, Sutherland Packaging Co.
“It is nice to know we are not alone; other family businesses struggle with similar issues. The Family Business Forum has provided a means for us to learn how other families have successfully dealt with business issues we are facing. The Forum is much more than just a series of seminars.”
- Mary Speckhart, White Conveyors, Inc.
The best way to learn about the O. Berk Company Family Business Forum is to experience a seminar first-hand. If you are interested in attending an upcoming session as our guest, or you would like to speak with us or a current member about the Forum, please contact Gabrielle Zuccaro at the Rothman Institute at 973-443-8842.
Previous 2013 programs
The Keys to Next Generation Leaders Finding Their Own Voice
Thursday, February 21, 2013, 8:30-10:30 AM
It can be a challenge for a 2nd or 3rd generation leader to find their own leadership voice in a family business. Even when in a leadership position, it can be a struggle; to be a person of influence whose unique voice is heard. Yet, it's critical that the next generation of leaders establish themselves while also carrying on the legacy they have been left. This interactive workshop is designed to help every leader, especially the next generation of leaders, create a road map for finding and establishing their voice and thereby have the influence needed for business success. Participants in this workshop will discover the 3 essential parts of your voice and how to make them shine; the 2 mistakes that kill influence and silence your voice every time. Presenter Jeff Harmon will be on hand to assist members in the development of a personalized road map for them and their organization to to develop the voice of future family leaders.
Rebuilding Your Sales Force
Thursday, April 25, 2013, 8:30-10:30 AM
In 2013, it appears that the economy will continue its anemic recovery. Many small and mid-size companies have concluded that they cannot wait for the great recovery to finally arrive. Forward-thinking business owners are making major modifications to their overall sales strategy to create better value for their clients. If the four corners of a sales organization— strategy, structure, sales process and staff — do not connect, it will collapse. As company strategies change, a need to modify sales processes and to upgrade the skill sets of staff to be successful also arises. During this interactive seminar, Jim Barnoski, of Performance Selling, LLC, will be on hand to provide Forum members the best practices onhow to make these pieces fit.
Sharing Space: Multiple Generations in the Family Enterprise
Thursday, October 10, 2013 • 8:30-11:00 a.m.
Speaker: Fredda Herz Brown, Principal, Relative Solutions
More than ever before, several generations of family members are working together. This is a result of increased longevity (along with better quality of life and health in the golden years and a desire to stay involved,) tough economic conditions leading senior members to work longer, a huge and aging Baby Boomer cohort and a strong desire on the part of many families to sustain their endeavors across generations. Traditionalists (born 1925-1945), Baby Boomers (1946-1964), Generation X (1965-1980) and Generation Y/Millenials (1981-2000+) are sharing ownership, leadership and daily management. This interactive workshop will discuss the developmental life situations of those born in each generation as well as their views on money, work, relationships and technology and the implications for family business leadership and generational transitions. Using a case study, the presenters will lead a multi-generational discussion about the impact of birth timing and historical context of each generation as compared with the dynamics of business families in general and between family branches. We examined the question of, where does the greatest impact lie?