Sept. 19, 2023 | Sioux Falls, SD
Invest in your Family Business + Structure Your Future
Board Bootcamp is intended for:
September Bootcamp Facilitators
Dennis Jaffe, Ph.D.
Senior Research Fellow
BanyanGlobal Family Business Advisors
Andrew Keyt
Founder, CEO
Generation6
Sandra McNeely
Founder
Abbey Legacy
Larry Hause
Founder
Hause Family Business Transitions
Agatha Johnson
Founder
WillKate
“Board Bootcamp was a great reminder that we are not alone in our challenges. The connections we made with other family owners and with the speakers were equally as valuable as the information we acquired. You can’t talk about these topics with just anyone – it’s nice to feel like there is a private club of like-minded peers who support you and understand what you are going through.”
– Feedback from 2022 Board Bootcamp
September 19: Agenda & Breakouts
Bootcamp Agenda
7:45 – 8:15am Breakfast
8:15 – 9:00am Kickoff and Introductions
9:00 – 9:10am Bootcamp Breakout
9:10 – 10:15am Round 1
10:15 – 10:30am Break and Change Rooms
10:30 – 11:45am Round 2
11:45 – 12:30pm Lunch
12:30 – 12:50pm Tour of Washington Pavilion
12:50 – 1:00pm Breakout to Rooms
1:00 – 2:15pm Round 3
2:15 – 2:30pm Break
2:30 – 3:30pm Goal Setting in Family or Board Units
3:30 – 4:15pm Closing Presentations and Next Steps
4:15 – 5:30pm Closing Reception
Family Governance & Leadership Across Generations
Schulte Room | Dennis T. Jaffe
- Resilient Single-Family Office and how the Family Office fits into the board
- Social impact
- Releasing the potential of the rising generations
- Building and sustaining a hundred year enterprise
- Role of the Matriarch
- Family Code of Conduct
Building an Effective Board
Room 215 | Sandra McNeely
- Building the board position description
- Recruiting board members with the talent your business and family need
- Determining compensation of board members
- Staggering board member terms
- Determining committee structure
- Onboarding a new board member
- Board Chair’s role during and between meetings
- How to be a great board member
Shared Values through Structure, Roles and Finances
Room 213 | Agatha Johnson
- Family Council, Family Charter, Family Constitution
- Family meetings
- Shared and distributed values
- Role of the senior generation as they step out of day-to-day role in business. Reinvention, not retirement.
- Key behaviors that make a family director effective in the boardroom
- Handling the exit of a board member or family member
- Financial distributions
The Board as a Strategic Partner
Green Room | Andrew Keyt
- Aligning with shareholders. How family shareholders best interact with the board.
- Accountability structure among shareholders and the board
- What’s most and least important in a board member?
- Building the best board agenda. Encouraging strategic insights and questions.
- Increasing business performance through the board
- Preparing management to get the most out of the board
- Uniting family owners
- Next Generation development, board observers
Balancing All Systems
Room 216 | Larry Hause
- Integrating estate planning
- Tax and business planning
- The role of trusts
- Family employment policies
- Emergency operations plans
- Developing an owner plan and owner manual
- How the owner plans and manuals evolve over time and generations
- Integrating owners, management, and the board
- Key skills and knowledge that family directors should have or develop
- Navigating unique tensions that family directors can experience