September 16, 2013 presentation and discussion with Rattan Khosa, P.E., President and CEO, Amsysco and Drew Mendoza, Managing Principal, Family Business Consulting Group, Inc.
Hosted by the Chicago University Booth School of Business Entrepreneurial Roundtable alumni group at Calamos Investments Building, City Gate Grille Plaza Level, Naperville, Illinois.
Future events and videos at – GSBER.ClubExpress.com
When you're hungry for great food, great wine and nothing stuffy- CityGateGrille.com
Video by Stone Cliff Productions, Inc. - StoneCliffProductions.com
Family firms in the United States are estimated to range from 70% or more of all business enterprises. And that extends to the economy’s pinnacle, with 35% of Fortune 500 companies being family controlled. So if a common theme of the American dream is being one’s own boss, how does that get extended across time as a generational inheritance? Or is there validity to the old saying that ‘family and business do not mix’?
Join us to hear experts who have devoted most of their careers to family business, from a principal who started at his kitchen table to a counselor who has guided thousands of firms worldwide. If your personal experiences also include those blood ties that bind your related contributions we will welcome your participation. But in any case, our panelist presentations will be posed to get insights on topics like:
* Sustaining ongoing engagement with the requisite executive talent for long term success.
* Effective asset sharing and succession planning.
* The dynamics of business versus family systems and management versus ownership.
* Processes of communication and conflict resolution.
Our panelists tonight include:
Rattan L. Khosa, P.E., President and CEO of Amysco who founded his firm in 1981. He has grown and directed this manufacturer and supplier of post tensioning high strength steel cables and related services for high rise construction together with his son Neel, Corporate Treasurer and Vice President, and his wife, Bharati, Corporate Secretary and Comptroller. Mr. Khosa’s company is a leader within the Post Tensioning Institute, an industry association, and a recipient of its awards for excellence. He is also an educational philanthropist through his family foundation and on the Entrepreneurship Advisory Board for Chicago Booth. Mr. Khosa is a registered engineer and earned his BS in Science from the University of Khasmir, BS in Civil Engineering from the University of Rajasthan, MS in Structural Engineering from the University of Maryland, and MBA from the University of Chicago.
Drew Mendoza, Managing Principal of the Family Business Consulting Group, has advised family firms worldwide on succession, strategic planning, compensation, taxation and governance issues for more than two decades. Mr. Mendoza is a national public speaker and columnist extensively quoted in print and electronic media and the co-author of “Siblings and the Family Business”. He founded the Loyola University Chicago Family Business Center, taught graduate level courses on family business and has served on the Family Firm Institute board. He earned his undergraduate degree cum laude at the State University of New York-Buffalo and graduate degree at the University of Chicago with post-graduate study at Harvard University.