Family Business Retreats

A family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business.

2021 Family Business Retreat

Both large group and private family sessions with facilitators are offered. As a family, you will have the opportunity to spend some quality time away from the office; switching from working “in the business” to working “on the business” and “on the family."

RETREAT THEMES

Why us? We will use a process Dr. Lock developed and has used at such companies as adidas and Valero to guide business decisions for the last 15 years. This involves taking the time to explore the success of the business, how it differentiates from the competition, and to truly define the “secret sauce”. 

We then will explore the guarantees available (or not) to keep that differentiator as an ongoing long-term concern.  Why do customer’s choose us over the competition? Do we have a better idea? Better customer service? Patents? How do we know this to be true? This first session is designed to get the family thinking about the business as a whole and to see similarities and differences in opinion across generations. The end result will be a clear definition of organizational advantage.  

Once you clarify the WHY, we will complete an exercise to link your business values and culture to the Secret Sauce and ensure several Cultural Pillars are consistent across the organization. Then, the focus turns to you. As families evolve from one generation to the next, the Cultural Pillars are challenged. Generation C does not do things the exact same way as Generation B. Is that okay? Does it confuse our employees?  How about the rest of the world?

This session is about personal, family, and generational exploration. How do I live the culture differently than the previous generation while being true to the business? Are there key linkages? Key points of differentiation? Do the differences align?

This session results in a clear understanding of how multi-generations can live the same “heart” of the culture while living a different “head” and “body” of the same. The session ends with a deliberate plan for how to roll this out to the rest of the family and organization. 

Research suggests one of the biggest issues to negatively impact a family business is lack of clear communication. Multi-generations, whether they are active or passive in the company, or have given control over to the next generation, or otherwise are still in the business, owe each other certain things – what Dr. Lock calls hand-offs. Do we allow back doors and conversations after the conversation? Do the employees hear the same thing regardless of the family member they are talking to? 

Leaning on the concept of Service Level Agreements, we will make very explicit those things each family member owes the others in the family business (e.g., What do I (Generation B) owe you (Generation C) to ensure long-term success and what do you (Generation C) owe me (Generation B) in order to ensure the company remains an ongoing concern?). A set of simple but specific guidelines will be created and Dr. Lock will share a technique to make these conversations more palatable. 

What’s Next? The last session will be used to get back to the business of being in business. Several outcomes – personal, familial, and business-based – will have emerged over the previous three sessions. This session will be used to plan for the future and to provide each family a blueprint in terms of moving forward and implementing what has been learned. An Action Planning process Dr. Lock has used at such organizations as Chanje Automotive, Microsoft, and Herschend Family Entertainment will be deployed.

jared d. lock phd

Keynote Facilitator

Jared Lock, PhD

Jared brings a 25-year career helping global organizations & leaders maximize the human potential side of the business equation. He specializes in transforming businesses into agile organizations, executive coaching, conducting succession planning and culture change initiatives. His focus is on driving sales performance and team management to organizations of all shapes and sizes with an eye towards increased performance and revenue.

Events-Graphic-paul-nelson

Investment

$5,500 — First two people
$1,900 — Each additional person

Includes: 

  • Keynote facilitation by Jared Lock, PhD
  • Dedicated facilitator for each family
  • Private facilitation space
  • Luxury accommodations and service

Additional Facilitators

Learn What to Expect At Our

Family Business Retreat

At first, it was awkward being so formal with my parents and spouse about our business...

But having a facilitator broke our bad patterns from previous meetings and dinner table discussions.

At the Retreat, people who normally didn’t get the floor enough were able to be heard. Everyone listened to all ideas and thoughts, which made for healthier discussion and decision-making.

Our pattern has absolutely changed since attending. We now meet regularly, we wade straight into delicate or painful topics we avoided before, and we’re beginning to see greater possibilities as our vision becomes clearer for our business and family. We’re not done but we are moving forward now, and I don’t like to think about where we’d be if we hadn’t attended the retreat or gotten involved in PFBA.
   – 3rd Generation Family Business leader

Next Gen Retreats

designed to empower, engage & enthuse your future leaders

The next generation program is designed to empower, engage and enthuse the next generation of family business leaders.

The goal is to help the next generation learn more about the family business and assist them with a smooth transition into the business. The program is uniquely designed to accommodate the future leaders in each family business.

Understand and be better equipped to manage the complexities of family businesses
Developed leadership and communication skills
Understand the intricacies of being part of a family enterprise
Communicate information and resolve conflicts constructively

Who is "Next Gen"?

Consider attending a Next Gen Retreat if you are:

  • Between the ages 18-40

  • Not yet employed in the family business

  • Recently began working for the family business

  • Working in family business and beginning succession conversation or process

  • Interested in developing skills in areas such as emotional intelligence, leadership development and business development skills

Next "Next Gen" Retreat

2022

Keep me in the loop!

Let us know you are interested in the next "Next Gen" retreat and we will keep you updated as details are put together.

Interested in our retreats? Or need more information?