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Connected Conversations: The Power of Family Ownership
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Details
Especially during difficult times, the key to the longevity of a family business lies in how its owners exercise their decision power. During our December Connected Conversation, Rob Lachenauer ‘83 will describe the five core rights of family owners and explain how owners can use them to position family businesses for lasting success. Rob will offer practical frameworks, advice, and examples about how to choose your type of ownership, structure governance, define success as owners, determine what to communicate, and plan the transfer of ownership.
Rob Lachenauer, the founding CEO of BanyanGlobal, has worked closely with scores of family businesses throughout the world, helping them navigate the decisions they face as owners while strengthening family relationships. He is an expert in leadership and governance for family businesses. Lachenauer is the co-author of the forthcoming Harvard Business Review Family Business Handbook with Josh Baron. A graduate of Harvard Business School and Cornell University, Lachenauer has also made frequent contributions to Harvard Business Review, including an HBR article in the January/February 2021 magazine entitled “Build a Family Business that Lasts: Companies that endure do these five things right.”
You will receive a confirmation email upon registration with the Zoom coordinates. If you did not receive this communication, please reach out to Hannah Barends at heb87@cornell.edu.
Please submit questions you would like panelists to address in advance of the webinar to Hannah Barends at heb87@cornell.edu.
Speakers
Rob Lachenauer '83
Throughout his career, Rob Lachenauer, a Partner and CEO at BanyanGlobal, has been both a consultant and entrepreneur. As a consultant, he was a Vice President and Director of The Boston Consulting Group from 1995 to 2004 and helped leading multi-national companies, including several family controlled businesses, set and implement growth strategies. He has experience with industrial, distribution, consumer goods, financial, technology, and automotive firms. He has consulted for clients in North America, Europe, Asia, and Australia. With George Stalk, he co-authored a book about competition strategies, Hardball: Are You Playing to Play or Playing to Win, published by Harvard Business School Press in 2004 and subsequently translated into six languages. He currently writes a blog for Harvard Business Review with Banyan Partner Josh Baron. From 2010 to 2012, he was a Partner and CEO of Cambridge Advisors to Family Enterprise, where he worked with leading family businesses around the world and helped grow the firm by more than 70%.
As an entrepreneur, Rob co-founded and became CEO of GEO2 Technologies, a material science licensing company that developed, patented, and out-licensed its Cross Linked Microstructure for diesel emissions filter applications. At GEO2, he established the product development and IP strategies, built the technical and business team, raised its capital, and led its license negotiations. Subsequently, he was the founding CEO and Chairman of the Board of Bio2 Technologies, which has developed load bearing bio-active and bio-inert bone scaffolds.
Rob holds a BA from Cornell University and an MBA from Harvard University. He is co-inventor on several U.S. patents. He lives with his wife and three daughters in Weston, Massachusetts.
Hosted By
Co-hosted with: MBAI, MBAII, EMBA Metro
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