Theme: How to Engage the Third Generation
Summary: A third generation daughter describes her family’s transition to new business opportunities, the role she is playing to support their success, and the way that a family council can help to bring the family together.
Featured Guest: Lauren Tracy
- “Our family council has a rule: Third generation members are required to work elsewhere for 3 years.”
- “When I returned, I learned that I knew very little about the business. I had to keep an open mind and work as hard as I could.”
- “The business brings us together. We’re very fortunate, but there are challenges. As we continue to grow, how do we stay close knit? How do we keep everybody reconnecting? We doing work on what the future will look like.”