Drucker School Global Family Business Institute

Drucker School Global Family Business Institute Serving Sustainable Businesses That Positively Impact Communities

“ The needs of family businesses are considerable, particularly at the global level. Each faces a unique set of management challenges, and our institute can provide them with the kinds of support and resources to navigate them successfully.”

Jenny Darroch, Henry Y. Hwang Dean, Peter F. Drucker and Masatoshi Ito Graduate School of Management

VISION The institute is the flagship academic institute of the Drucker School. It seeks to attract students and family business members throughout the world with programs that address the issues and opportunities of family businesses, including managing the family name, succession planning, innovation, corporate responsibility, governance, finance, and sustainability.

MISSION We use Peter Drucker’s principles to develop leaders who run sustainable family businesses that can be passed on to future generations and make a positive contribution toward a functioning society.

Andrew Chen (MBA, ’11) (left), second generation, and Steve Chen (MBA, ’04) (right), first generation, Woodmax Company

Peter Drucker said, “The only thing we know about the future is that it will be different.”

Planning for the future of any business is a challenge. Add navigating family dynamics and generational succession planning, and you have really stacked your odds.

The Drucker School Global Family Business Institute connects family businesses with leaders who have overcome the challenges unique to the family enterprise, resources to help identify and strategize effective solutions, and support to address the complexities of generational differences.

The institute serves as an educational arm of the Drucker School of Management that equips current family business leaders with relevant training to ensure continued business success, understand wise wealth management, and refine interpersonal skills as well as set the stage for the next generation of leaders. We do this in a variety of ways:

Education Sessions We believe that opportunities to connect with other family businesses are crucial for both professional and personal growth. That’s why we offer several education sessions throughout the year that create a space to engage, learn, and belong.

Podcast Our podcast series, “Very Different Rules,” sheds light on the distinct journey of family-owned businesses and the rules they adhere to that both bind and benefit. Through authentic conversations with the leaders of these organizations, we uncover the unique issues and opportunities of family businesses and how they define success.

Inaugural launch event in spring 2018

Newsletter Our online newsletter includes information on family business trends, articles, resources, institute member highlights, events, and how to support the institute.

Managing the Family Business Course Drucker School faculty, in collaboration with family business leaders and experts, provide students with a dynamic classroom experience in the Managing the Family Business course. Built around live case studies, available research, and peer-to-peer learning, the course equips students with the knowledge and tools to confidently address the real-life issues they face in their family businesses.

The Global Family Business Student Advisory Club The goal of the Global Family Business Student Advisory Club is to create a hub where students who work in or come from family businesses can engage with and learn from one another as well as leaders and experts affiliated with the institute.

Graber Olive House

Become a Member or Partner FAMILY MEMBERSHIP A family membership unlocks a variety of benefits for you and the family members you work with, including: Admission to four programs a year, including three education sessions and one annual symposium ■■ Networking opportunities with family business owners and members, both locally and globally ■■ Invitation to exclusive events at the Drucker School and Claremont Graduate University ■■ Access to research related to family business issues and trends ■■ Listings on the Drucker School Global Family Business Institute webpage, program handouts, and annual reports ■■ Member-only access to the institute’s resource library and private directory of members ■■ Subscription to the institute’s online newsletter containing information directly related to family business issues ■■ Opportunity to participate as a guest on the institute’s podcast series ■■

To be eligible for a family membership, members must work for or come from a family business. We define a family business as any family-owned and managed business in which two or more family members are involved, and the majority of ownership, or control, lies within a family.

Yevette Vera (left) and Gary Chang, second generation, Trade Union International Inc.

PARTNERS’ PROGRAM The goal of the Drucker School Global Family Business Institutes Partners’ Program is to provide members of the institute with ongoing support when dealing with issues in their family-run businesses, either in person or remotely.

The program is limited to non-competing partners who have experience working with complex and multigenerational family businesses as well as an active interest in the challenges and needs of our members. All partners agree to a “sales-free” environment so members will feel comfortable engaging with partners. artners will be recognized on all print materials, our P website, at an annual symposium, and in annual reports.

■■ Partners are invited to attend all events organized by the institute and will receive personal invitations to other events hosted by the Drucker School and Claremont Graduate University.

■■ Partners may be invited to participate as a guest instructor for Managing the Family Business classes or speak at events/workshops depending on their industry expertise.

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For more information on how to become a member or partner, please contact Kathleen Fariss, director, Drucker School Global Family Business Institute, at 909-607-7262 or kathleen.fariss@cgu.edu.

FOUNDING BOARD OF ADVISORS Lana Abou-Assi (MBA, ’19) Director of Operations, AmEx International, Inc. - USA Gary Chan (MBA, ’04) Chief Executive Officer, GEMA Capital Partners Limited - China Andrew Chen (MBA, ’11) Chief Operations Officer, Woodmax Company - Taiwan Athena Chiera (MBA, ’19) Vice President of Business Development, Athena Engineering Inc. - USA Yosuke Honjo President/CEO, Ito En North America Inc. - USA, Japan Junro Ito (MBA, ’89) Director/Senior Executive Officer, Seven &I Holdings Company, LTD Japan Wayne Lee (MBA, ’97) President, Powertec Fitness - USA Koji Ogura (EMBA, ’11) Director for Japan and Drucker-Ito Relationships, Drucker School of Management - USA John Renken President, The Renken Company - USA Jamie Richardson Vice President, White Castle Management Company - USA Tim Schultz (MBA, ‘89) Chair, Global Industry Board, Drucker School Global Family Business Institute Vice President of Research and Development, Lundberg Family Farms - USA Pat Soldano (MBA, ’86) Senior Fellow and Chair, Founding Board, Drucker School Global Family Business Institute - USA Allyson Stewart-Allen (MBA, ’85) Chief Executive, International Marketing Partners Ltd. United Kingdom

Drucker School Global Family Business Institute’s Founding Board of Advisors The Drucker School Global Family Business Institute’s Founding Board of Advisors is charged with uniting family business leaders across industries to foster ideas and strategies for the institute, and collaborate and leverage relationships with the goals of increasing brand awareness, boosting enrollment, and raising funds for the institute.

Wen Chang, first generation, Trade Union International Inc., Claremont Graduate University Board of Trustees

Larry Taylor (PhD, Executive Management, ’92), Claremont Graduate University Board of Trustees participates in inaugural launch event in spring 2018

Drucker School Global Family Business Institute Industry Board The purpose of the Drucker School Global Family Business Industry Board is to provide guidance and direction on the institute’s strategic initiatives to develop leaders who run sustainable family businesses that can be passed on to future generations and make a positive contribution toward a functioning society.

The mission of the industry board is to support the growth of the institute by: roviding feedback on curriculum, programs, research focus, and brand positioning P Being an active advocate for student development by mentoring a least one student per year ■■ Serving as guest lecturer, hosting field visits, providing case study opportunities, assisting in student recruitment, and connecting family businesses to the institute ■■ Supporting the financial goals of the institute by establishing meaningful connections with industry leaders and other family business centers ■■ ■■

BENEFITS TO BELONGING In addition to expanding your own professional network, this volunteer opportunity invites you to be a part of something bigger. Your role on the institute’s industry board puts you in a position to influence the futures of family businesses all over the world. Some of the other benefits you will enjoy include: pportunities to influence the state of family businesses through the institute’s work O Networking opportunities with board of advisors, industry board, and institute members ■■ Admission to annual training for industry board members, taught by other family business leaders, strategic family business consultants, and faculty ■■ Invitation to annual volunteer recognition event ■■ Invitation to Drucker School and Claremont Graduate University VIP events ■■ Subscription to the institute’s online newsletter ■■ Recognition on the institute’s printed marketing collateral and website ■■ ■■

Want to get more involved?

Contact Kathleen Fariss, director, Drucker School Global Family Business Institute at 909-607-7262 or kathleen.fariss@cgu.edu.

Interested in board service or supporting the institute in another way? Contact Pat Soldano (MBA, ’86), chair, founding board of advisors, Drucker School Global Family Business Institute at patricia.soldano@cgu.edu.

Kathleen Fariss (left) and Pat Soldano (right)

Inaugural launch event in spring 2018 On the cover: Tim Schultz (MBA, ’89), third generation, Lundberg Family Farms

1021 N. Dartmouth Avenue | Claremont, CA 91711

For more information, contact druckerfamilybusiness@cgu.edu.

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