Join Erich Bergen, Manufacturing Advisory Services Director, Baker Tilly; Gary Plaster, Partner-in-Charge, Baker Tilly Center for Family Business Strategy; Jeffrey Brewster, Director, Valuation Services, Baker Tilly; and Family Business Magazine's Publishing Director, David Shaw, as they discuss strategies for rebuilding growth and value for family-owned companies.
As family businesses prepare to move into the “next normal” following the COVID-19 pandemic, many are beginning to shift their focus to revising their strategic plan and rebuilding lost value. Many family-owned businesses are reporting a decrease in revenue and profitability which has led to a corresponding negative impact on valuation and left current-generation owners reevaluating their plans to continue in the business. In order to increase values, a strategy must be developed to leverage growth drivers and minimize risk drivers in light of the next normal.
This webinar will focus on:
- The impact COVID-19 has had on family-owned businesses
- The six key “recovery to growth” strategies
- Translating strategy to recover business value
Join Erich Bergen, Manufacturing Advisory Services Director, Baker Tilly; Gary Plaster, Partner-in-Charge, Baker Tilly Center for Family Business Strategy; Jeffrey Brewster, Director, Valuation Services, Baker Tilly; and Family Business Magazine's Publishing Director, David Shaw, as they discuss strategies for rebuilding growth and value for family-owned companies.
Speakers
Erich Bergen
Manufacturing Advisory Services Director, Baker Tilly
Erich Bergen, manufacturing advisory services director, has been with Baker Tilly since 2017. Erich is a director with 20 years of management and technology consulting experience across a wide range of industries, including a specialization in the mobility and transportation sector. As a business and technology leader, he works side by side with executives to solve enterprise transformation related programs. Erich specializes in corporate strategy, customer experience, customer and field service related functions, shared services, portfolio and program level management.
Over the last 10 years, Erich has focused almost exclusively on serving closely held companies. He is a Certified Galliard Family Business Advisor and leader in our family business strategy group where he helps family-owned organizations maximize value to transact or transition to the next generation. Erich worked as a consulting director for a Big Four firm and led several significant projects for the automotive industry prior to joining Baker Tilly.
Gary Plaster
Partner-in-Charge, Baker Tilly Center for family Business Strategy
Gary Plaster is an accomplished strategist, author and consultant with more than three decades of experience advising owners and C-level executives of family-owned businesses. As an experienced Chief Strategy Officer, he has led strategic consulting practices at global firms and is a nationally recognized thought leader in the area of growth strategy and managing growth. Gary is also a clinical professor at DePaul University’s Kellstadt Graduate School of Business, Center for Strategy, Execution and Valuation.
Gary earned a BS in Industrial Engineering and an MBA in Finance from the University of Wisconsin.
Jeffrey Brewster, CFA, CVA
Director, Valuation Services, Baker Tilly
Jeffrey Brewster leads the Valuation Services team of Baker Tilly's Dallas, Texas market, which is part of the Consulting Services group. He has over thirteen years of business valuation experience in which he has performed over 1,000 valuations for publicly traded and privately held companies in the retail, healthcare and technology industry.
David Shaw
Publishing Director, Family Business Magazine
David Shaw is the publishing director for MLR Media. He also co-founded and serves as conference director of the Transitions conferences, the Private Company Governance Summit and Family Business Legacy. David writes frequently on governance issues for public and private companies, and develops and maintains close relationships with multi-generational family-owned businesses. He is married, with two grown children.
Benefits
• No cost to attend
• Opportunity for questions and feedback
• Unbiased third-party family business education
• All participants can receive a copy of the webinar materials after the event, upon request
• All participants receive Family Business Magazine weekly newsletter, with news, tips and trends that impact your family business. You may, of course, opt out at any time.
• 60 minutes — maximum value for time
Sponsor
Baker Tilly