Warner Babcock discusses taking the initial steps toward professionalizing a family-owned business. Learn how to put in place steps that will help you grow the business and avoid costly mistakes that can damage both the business and the family’s relationships.
The topics covered include:
• How to work more effectively with family members, inside and outside the family business
• Approaches and policies that will help address challenges commonly associated with family businesses
• What is governance, and how it can help reduce risks
• Understand how to prepare your business and family for future growth and challenges
Warner King Babcock is the CEO of the NYC Family Enterprise Center, a nonprofit providing educational programs for family enterprises, their families, board members, management, shareholders, trustees, and key constituencies throughout the NYC area. He is a Family Firm Institute Fellow and National Association of Corporate Directors Governance Fellow. Mr. Babcock has been a family council member, family business CEO, board member, shareholder, and a trustee of family trusts controlling family businesses. He was also been an adjunct faculty member teaching courses in Family Business Management to undergraduate students and Boards, Governance and Leadership with Entrepreneurial and Family Firms to MBA students. For over 20 year, Mr. Babcock led two private firms as the Chairman and CEO advising leading family businesses and family members owning businesses, as well as a few public and private companies and entrepreneurial ventures, focusing on development, innovation, growth, long-term strategic planning, and direct, private investments. Earlier in his career he founded a manufacturing company based on his patented inventions. He has also served on a number of boards and been the Chair of many board committees. Mr. Babcock currently serves on the Board of Directors for the International Association of Attorneys for Family-Held Enterprises, Inc.
Date and Time
The New York Public Library, Business Library (SIBL)
188 Madison Avenue @ 34th Street
New York, New York 10016