44 episodes

Why does working together in a family business have to be so darn difficult? Get answers to this and other relevant questions when host, Greg Lewis, interviews prominent local and national family leaders about the challenges of working together in a family business. We'll also talk to top family business experts about relevant topics including business transition and succession planning, communications, family relationships, business culture as well as conflict resolution. For more information, visit www.tncfb.com.

Family Business Today Tennessee Center for Family Business

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Why does working together in a family business have to be so darn difficult? Get answers to this and other relevant questions when host, Greg Lewis, interviews prominent local and national family leaders about the challenges of working together in a family business. We'll also talk to top family business experts about relevant topics including business transition and succession planning, communications, family relationships, business culture as well as conflict resolution. For more information, visit www.tncfb.com.

    Episode 45: A Company That Helped to Mechanize the Mid-South with the Morgan Family of John Bouchard & Sons, Co.

    Episode 45: A Company That Helped to Mechanize the Mid-South with the Morgan Family of John Bouchard & Sons, Co.

    For over a century, the John Bouchard & Sons Co. (JBS) tradition of innovation and excellence has helped create and maintain the systems that keep the Mid-South running. Beginning as a Nashville machine shop in 1900, the company was incorporated in 1913. Today it is a fifth-generation, family-owned, diversified company serving modern industry through four fully-integrated divisions: Industrial Sales, Machine Services, Construction and Foundry. Their home office/shop is in its original Nashville location.
    After working in areas of journalism, architectural restoration, home education & serving numerous non-profit Boards, Lisa Bouchard Morgan joined the JBS Board in 2011. Now the Chairman & CEO, Lisa oversees and nurtures the fifth generation of her family’s business. Protecting the rooted history and rich values, while fanning new sparks of innovation and change, are the balances to her vision. In its 121st year, Lisa led the process for JBS to become a Certified Woman Business Enterprise (WBE), making them even more of an asset to their customers and partnering contractors. For JBS, the GOD-given value of each worker, and the value of that work to them, are foundational priorities as they keep the hardworking infrastructure of the Mid-South running.
    After working for Exxon’s offshore district operations, William Morgan joined JBS in 1986. Mentored by his father-in-law, he tackled challenges in various departments of the Company and developed as the leader of operations, ultimately serving as President, from 2001 to the present.  His keen engineering sense keeps the navigation of the entire Company on a solid, steady course. He is a graduate of the Vanderbilt University School of Engineering and holds an MBA from Vanderbilt’s Owen Business School.
    The eldest child of Lisa & William, Carver Morgan joined JBS in 2014, after spending 3 years in the corporate world. He was mentored by JBS tradesmen and technicians during a 3.5 year apprenticeship throughout the diversified areas of the company. Since, he has served as Company Historian, as interim Safety Director and in various project management roles. He currently co-leads the JBS Machine Shop. He holds a BS from the Vanderbilt University School of Engineering and an MBA from Lipscomb University.
    In this episode of Family Business Today, Lisa, William, and Carver will share:
    The longstanding history of John Bouchard & Sons Co., taking the company into its fifth generation
    How John E. Bouchard III led the company with his actions and his faith
    How the common thread of infrastructure can be traced from the company’s very beginnings, in Nashville, TN and across the Mid-South
    Lisa’s passion for the business she inherited from her father and the steps she has taken to provide for her associates in her role as CEO
    How the pandemic strengthened the family business’s resolve to continue to “help companies do what they do”
    And more…
    To learn more about John Bouchard & Sons, Co., visit https://jbouchard.com/.   
    At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.
    If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)
    Until next time, There’s No Business Like Family Business…..We Know!
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    Episode 44: Arranged Careers: When the Family Business Isn’t Always the Right Fit for You with Dr. Michael Klein

    Episode 44: Arranged Careers: When the Family Business Isn’t Always the Right Fit for You with Dr. Michael Klein

    Dr. Michael Klein has over 20 years of experience as an advisor to family business owners and next generations, as an assessment specialist (including assessments of job fit, personality, emotional intelligence, and values and motivators), he also speaks and leads workshops for family businesses. He uses his background in psychology to counsel and assist family businesses.
    Michael has worked both internally and externally in Fortune 500 companies, including positions in organizational development and human resources.  He has experience in healthcare, financial services, publishing, entertainment, pharmaceuticals, construction, and private equity and other industries.
    He is the author of Trapped in the Family Business: A Practical Guide, which is in its second edition, and is a recipient of the 2018 Schultz Award for Outstanding Family Business Publication.
    Michael is a graduate of Haverford College and holds a doctorate in psychology from the Graduate School of Applied and Professional Psychology, Rutgers. He has taught at the Commonwealth Honors College and Isenberg School of Business at the University of Massachusetts at Amherst and has served as a four-time judge at the University of Vermont’s Family Enterprise Case Competition (FECC).
    In this episode of Family Business Today, Michael will share:
    How common it is for family members of different generations to feel trapped in their family business
    What it means to be trapped in your family business and how people become trapped
    That his book is not only about “escaping” from the family business but about how to have difficult conversations while maintaining relationships
    How parents and children can balance their needs with the needs of the family business
    The importance of having the tough conversations about your place in the family business even when the issues seem small
    And more…
    To learn more about Michael’s book and his work with family businesses, visit www.trappedinthefamilybusiness.com.   
    At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.
    If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)
    Until next time, There’s No Business Like Family Business…..We Know!

    Episode 43: Changing with the Times Has Resulted in a Century-Old Family Business with Ben Grossman of Grossman Marketing Group

    Episode 43: Changing with the Times Has Resulted in a Century-Old Family Business with Ben Grossman of Grossman Marketing Group

    Ben Grossman, along with his brother, David, are the fourth generation of family leadership and have been leading Grossman Marketing Group for ten years. Their family business was founded as Massachusetts Envelope Company in 1910 by Maxwell Grossman, whose lifelong dream was to own his own business. Now, 111 years since its founding, the company is a full-service resource helping clients with a broad range of traditional and digital marketing needs.
    Ben Grossman holds a BA from Princeton University and an MBA from Columbia Business School. Prior to Columbia, Ben worked as a strategy consultant to Fortune 500 clients, as well as started and sold a sportswear and marketing firm.
    In this episode of Family Business Today, Ben will share:
    The story of how Grossman Marketing Group has evolved over time and throughout generations
    How observation and continuous learning paired with a mind for application can help you in your family business
    How important his time outside the family business gaining experience, both in the consulting world and in the start-up world, has been in helping him lead his family business
    That a large part of his family business’s longevity is to not take anything for granted
    How he and his brother started their tenure as leaders of Grossman Marketing Group by asking people’s input into the company using the HR stop-start-continue method
    And more…
    To learn more about Grossman Marketing Group, visit www.grossmanmarketing.com.
    At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com. If you are considering a transition in your family business contact us today for a FREE Transition Assessment (follow link) and receive a one on one review of your business transition preparedness with a family business consultant. (a $299 value)
    Until next time, There’s No Business Like Family Business…..We Know!

    • video
    Episode 42: Cultivating a 100-Year Family Enterprise with Aggie Johnson of WillKate Family Enterprise

    Episode 42: Cultivating a 100-Year Family Enterprise with Aggie Johnson of WillKate Family Enterprise

    Aggie Johnson, CFP®, CPWA® is the founder and owner of WillKate Family
    Enterprise Office in Sioux Falls, South Dakota. She focuses on purposeful
    planning that helps build lasting family wealth beyond the balance sheet….

    • video
    Episode 41: Ownership and Optimism: The Competitive Advantage of Family Businesses with Dr. Josh Baron of BanyanGlobal

    Episode 41: Ownership and Optimism: The Competitive Advantage of Family Businesses with Dr. Josh Baron of BanyanGlobal

    Dr. Josh Baron is a co-founder and Partner at BanyanGlobal. For over a
    decade, he has worked closely with families who own assets together, such
    as operating companies, family foundations, and family offices. He helps
    these families to define their purpose as owners and…

    • video
    Episode 40: Relying on Technology, Your Team, and New Business Development Opportunities in the New Norm with Laurie Guzman of The Inside Story, LLC

    Episode 40: Relying on Technology, Your Team, and New Business Development Opportunities in the New Norm with Laurie Guzman of The Inside Story, LLC

    Your host, Greg Lewis, talks to Laurie Guzman. Laurie is the founder and president of The Inside Story, LLC, a virtual assistance organization located in Nashville, TN. Laurie has established herself as an Opportunity Broker, a Master of Connecting the Right People and the Right Business to the Right Opportunity. Laurie is also the mother of two amazing sons, who inspired her to launch her business that encourages flexibility and life balance.
    In this episode of Family Business Today Laurie Guzman will share:
    How having and recovering from COVID made her appreciate having the right people in her business and the importance of relying on your team and your processes
    How business owners need to rely on the power of calendar management instead of depending on their own mind and memory, especially during times of growth
    The critical role virtual assistants can play in the technological and the business development sides of the business as we experience our “new norms”
    How her passion for connecting people has not only led to the success of her own business but the success of those she works with locally, nationally, and globally
    How businesses can use the circumstances of 2020 to refine their vision and lean more on the support of other business leaders
    And much more…
    To learn more about Laurie Guzman and her business, The Inside Story, LLC, visit their website at https://www.theinsidestoryllc.com/.  
    At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.
    If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one on one review of your business transition preparedness with a family business consultant. (a $299 value)
    Until next time, There’s No Business Like Family Business…..We Know!

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