Affinity Peer Group

Affinity peer groups are small, confidential discussion groups that  meet regularly, allowing members to share experiences and learn from each other.  Members informally explore what to do and what not to do in day-to-day interactions among family, owners, employees, and board members to make family leadership a competitive advantage.  Each group is customized based on the needs and interests of the participants.  Trained moderators     understand the complexities of integrating business, family and personal issues.  Join the group that best matches your needs:

Joe Gaspar, Tristate Flooring Sioux Falls, SD

“The initial attraction to be a part of the PFBA Affinity group was to be in a small group of young executives where we could openly and safely discuss business issues that were pertinent to the group. We all have similar aspirations in our family businesses and the unique insights from each of our personal or other business experiences have given us ideas on how to protect or enhance our development in each of our family owned businesses. Although my relationships are relatively new with the members of our group, I am comfortable contacting them at any time to seek out advice. ”

Current Leading Generation

• Concerned about growth and the cost of doing business
• Succession planning for the next generation
• Estate planning
• Communicating their plans and desires to their successors while contemplating financial and lifestyle changes
• Concerned about turning control over to the next generation
• Leaders of the family ownership and management systems

Transitioning Generation

• Preparing to assume leadership role in the family business
• Committed themselves to take over from the senior generation
• Face such obstacles as gaining the respect of company employees loyal to the senior generation
• Need to negotiate with siblings and or cousins on ownership issues
• Preparing themselves to be competent leaders
• Working on role with senior generation while convincing them that they are capable of leading and maintaining controlling shares of business
• Addressing both management succession and ownership succession issues

Next Generation

• Participants are potential future leaders of the family business system who currently are not in key management positions.
• College, post-college age family members
• Concerned about decisions to take an active role in family business
• Anticipating possible ownership of family business
• Interested in better understanding the family business system and how it affects personal career choices
  

CALL 605-782-3225 or E-mail for more information about joining a group.