Rollins to Host Next Generation Family Enterprise Leadership ForumAugust 3, 2010—The Rollins MBA Center for Advanced Entrepreneurship has identified an increasing demand for advanced educational and peer-to-per opportunities that directly relate to successful family enterprise. Pertinent issues unique to multi-generational family businesses such as succession, transition, legacy and private wealth are being addressed by the Center for Advanced Entrepreneurship inside and outside the classroom.
To launch its focus on family enterprise, the Center for Advanced Entrepreneurship will host its first annual Next Generation Family Enterprise Leadership Forum in October 2010. “This program will be a tremendous asset to the local entrepreneurial community as it brings together academia, accomplished experts and practitioners to successfully prepare the next generation of family business leadership,” said Cari Coats, executive director for the Center.
Since the 1980s there has been unprecedented growth in family business and private wealth. This includes 80% of all U.S. businesses and one-third of Fortune 500 companies. As baby boomers approach retirement, our economy will experience the largest trans-generational transfer of wealth in history. This coupled with a mere 33% survival rate for second-generation leadership, warrants significant emphasis and expertise.
Coats further explains, “Among the local Central Florida community and even the Rollins student body, there is a burgeoning need for an advanced venue where multigenerational entrepreneurs come to the table with experts to discuss the critical details and differentiators that chart successful family enterprise ventures. Rollins is an ideal catalyst and invaluable resource for this important sector of our business community.”
In addition to the conference series, Family Enterprise resources include networking and educational opportunities and incorporation into key curriculum in Rollins MBA programs. To learn more about Rollins, the Center for Advanced Entrepreneurship or the upcoming Next Generation Family Enterprise Leadership Forum, please contact Chrissy Garton at 407-646-2426 or CeGarton@rollins.edu.