Doug Baumoel brings an extensive background in family business operations and executive management to his work with clients. He served as a second-generation executive in his own family’s business and has held key executive positions in other family and non-family businesses. He started businesses in both the US and Europe, and lived overseas for six years while founding and managing the European offices of his family’s business. He has applied more than 20 years of business experience in developing The Conflict Equation, a process for analyzing key variables of family business conflict.
Doug’s expertise is in helping family businesses manage the inherent, and often extraordinary, conflicts of working or owning together, as well as to develop reliable succession plans and effective governance.
Doug contributed the chapter on managing family business conflict to the legal reference, ‘Alternative Dispute Resolution Practice Guide’, published by Thomson West. He is also the author of ‘The Stakeholder Map’, a core tool used by many family business consultants and educators to identify the roles, motivations and concerns of each stakeholder of the family enterprise. He has also had several articles published in Family Business Magazine.
Doug earned his MBA from the Wharton School and a BS in Engineering from Cornell University. He is a dual certificate holder in both Family Business Advising and Family Wealth Advising from the Family Firm Institute and received his certificate in Civil Mediation from MCLE. He is a past president of the New England chapter of the Family Firm Institute and has been awarded status as an FFI Fellow for his commitment and contribution to the field of family business advising. Doug was awarded Fellows status with the National Association of Corporate Directors and has completed the NACD Director Professionalism program. Doug is also adjunct Professor of Family Business for the Endicott College MBA program.