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  • Family Business Magazine January/February 2017

    January/February 2017

    Family Business Magazine—January/February 2017

    <div style="text-align:center;"><div style="margin:8px 0px 4px;"><a href="http://www.calameo.com/books/000048992d504acbf265d?authid=sHX4BEHihmFH" target="_blank">Family Business Magazine—January&#47;February 2017</a></div><iframe src="//v.calameo.com/?bkcode=000048992d504acbf265d&mode=mini&authid=sHX4BEHihmFH" width="480" height="300" frameborder="0" scrolling="no" allowtransparency allowfullscreen style="margin:0 auto;"></iframe><div style="margin:4px 0px 8px;"><a href="http://www.calameo.com/" target="_blank">Read more publications on Calaméo</a></div></div>

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In this issue

  • Tom Flesch, CEO of Gordon Flesch Company in Madison, Wis., chuckles as he describes his ascent to the presidency of the office equipment dealer in 1986. "My dad pretty much just did it one day," Tom says. "He told my brother John and a few others in the company a...

    As the fourth-generation lead family member of a family-owned Midwestern business, I witnessed firsthand the complications that stem from "culture and business conflation"—the melding of a family-owned business's cultural and values requirements on the one hand, and the objectives of the business on the other. These complications are even more...

    Managing personal wealth is, in many ways, like running a business; a coordinated and holistic plan is required to ensure your most important objectives are achieved. Successful business leaders develop strategic plans for growth in consultation with a group of financial and non-financial advisers, such as a board of directors,...

    As a family business owner, you are pleased when you walk by a marketing team meeting and see your son suggesting ideas for the new website. You are impressed when you observe your daughter working with the operations team to reorganize warehouse layout. You have built a strong, successful business,...

    The Business: In the early 1960s, Marshall Paisner was working for J&H International, selling promotions to supermarkets. The job had him traveling constantly. Most weeks he'd board a plane on Monday and not return to his family until Friday; sometimes, he'd be away for two weeks. Every time he came...

  • A fourth-generation banking family

    In 1910, William F. Dierberg Sr. bought Creve Coeur Farmer's Bank in Creve Coeur, Mo. The bank, founded in 1906, served residents of the small community near St. Louis. The French phrase crève coeur...

  • Staying hot through five generations

    Ask for a "bowl of red" in Texas, and you may well taste the chili seasoning that's been sold for five generations by the Pendery family. Their ancestor DeWitt Clinton Pendery is widely (although not...

  • At the Helm: Sam Dushey

    Generation of family ownership: Third. About the company: Forty stores in 11 states. [Revenues for 2015 reportedly were $200 million to $250 million.] Number of employees: Between 1,700 and 1,800....

  • January/February 2017 Openers

    We have been working on enhancing the role and responsibilities of our owners' council (family council), along with identifying the set of skills required to serve as a council member. We hope to...

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