Creating a Spark: Balancing tradition and change in next-gen family entrepreneurs
One of the greatest challenges in family business is that inevitably, they must make strategic changes if they are going to continue to be successful. However, tradition often wins over change, and young leaders are often discouraged from making strategic operational changes to a family enterprise. What if, instead, next generation leaders were encouraged to use the very same entrepreneurial skills that created the family business to take it to the next level? Join FFI Midwest Chapter as Amy Schuman leads an engaging discussion with Robert Pasin, CEO of Radio Flyer, on Creating a Spark in family business, learning to balance tradition with necessary change.
About the Presenters:
The Family Business Consulting Group
A principal consultant of The Family Business Consulting Group, Amy Schuman supports family businesses seeking to maximize success and strength in both their family and their business. For over 20 years, Amy has helped hundreds of families implement the systems, structures and relationships needed to be effective stewards of their enterprises. Many clients come to Amy early in their planning process, and she works closely with family members, owners, non-family executives and trusted advisors to facilitate a big picture, long-term strategy for successful continuity. In other cases, the family, owners and/or business are facing a difficult circumstance, even a crisis. In these cases, Amy has the experience and knowledge to chart a path through the tough issues and get to a place where a more strategic, long-term and less emotional approach can be crafted and implemented.
Amy has worked with complex family businesses, large and small, across North America and abroad. She has helped families create Family Councils, Ownership Councils, Boards of Directors, Constitutions, Policies and Guidelines, Family Education, Team Building, and many other useful tools and techniques.
Chief Wagon Officer
Radio Flyer Inc.
Robert heads the family business founded by his grandfather in 1917 – Radio Flyer Inc. – creators of America’s Original Little Red Wagon™. He has served as the Chief Wagon Officer since 1997, where he works with a wonderful group of passionate people whose mission is to bring smiles and create warm memories that last a lifetime. Under Robert’s leadership, Radio Flyer sales have more than tripled, driven by the most new product introductions in the company’s history. By taking a “Good to Great” approach, Radio Flyer has gone through a complete cultural transformation resulting in a dynamic, goal-oriented workplace.
In 1991, Robert earned his bachelor’s degree in history from the University of Notre Dame, where he served as student body president. After graduation Robert served as the Young Alum Representative to the University Board of Trustees. In 1997 Robert completed his MBA from the Northwestern University Kellogg Graduate School of Management.
An avid runner, Robert has completed numerous marathons, including Boston and a 50 mile ultra. Robert’s favorite activities are creating family videos and playing with his four children in their backyard full of wagons, tricycles & other ride-on toys.