Spring 2008 Contents

Taking stock of NASCAR  Third-generation CEO Brian France, who re-engineered NASCAR racing's point system soon after taking the helm, is accustomed to boldly addressing challenges.   — Thomas W. Durso

Social entrepreneurship  The Wente family of winemakers, now in their fifth generation, have kept ahead of the competition not only by developing new ventures for their 124-year-old family business, but also by finding new ways to promote their region, California's Livermore Valley.   — Deanne Stone

A strategic move  In 2006, Olhausen Billiards moved to Tennessee from California, where it had manufactured pool tables since 1973, thus achieving considerable cost savings. But the Olhausens found it well worth the expense to relocate 65 of their employees to the company’s new home.   — Gwen Moran

Walking ‘the line between entitlement and compentency’  Fourth-generation construction management firm owner Paul Hoffman has put a lot of thought into his company’s mission and employment policies.   — Lin Grensing-Pophal

Two plans for the family-controlled enterprise  This dual initiative can help a business family ensure continuity of ownership control and harmonious family relationships.   — Peter von Braun and Richard Narva

Also in this issue
 

DEPARTMENTS

Publisher’s Page   Indeed a flat world   —Caro U. Rock

Openers   PricewaterhouseCoopers’ Family Business Survey 2007/08; Ask the Experts: A father seeks help with successor training; At the Helm: Guitar maker C.F. Martin IV.

Contrarian’s Notebook   Sons and daughters in waiting; how Benetton stays fresh; eating your cake and having it, too; Contrarian follow-up.   —Dan Rottenberg

Family Business Legends   Nationally syndicated radio host John Resnick interviews Roger Berkowitz of Legal Sea Foods.

Survey  In case of an emergency…   —Christine Benvenuto

Toolbox  Family business relationships viewed from the ‘soft side’; a fun approach to a serious conversation; appreciating your staff members.   —Barbara Spector

Directory   Advisers for family companies.

Profile  The WIFFLE ball: Safe at home.   — Matt Van Stone

Travelogue  A once and future bank.   — Bennett Voyles

ADVISERS

Stephen K. Vetter:   Gauging and reducing risks.

Ellen Frankenberg:   Entitlement or stewardship?

William J. Battison:   Seeking private equity funds.

Loyd H. Rawls:   Handling in-law terrorists.