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It finally happened!

I’m delighted to share the launch of our 25th year of the Next Generation Leadership Institute—and even more delighted to share that we did it all in person! That's right! It finally happened—an in-person event! A big thank you to the team that made this past weekend so successful: Leigh Rocklin, Andrew Keyt, Tim Buividas, and Matthew Rhomberg.

Andrew brought his research lessons to the classroom portion of the program. Read about his insights into the successor’s curse in Crain’s this week.

 

Hey! Listen up! Pay attention!

Umm... are you feeling a little distracted? A little overwhelmed? Still struggling with COVID Brain? Let’s get together for an energizing and practical workshop on strategy and execution.

On May 20th from 9:00 a.m. - noon (CDT) we will be live online with the brilliant and engaging Jude Rake who will help us roll up our sleeves and get laser focused on execution. Jude will share and apply lessons that will help your family business power through the next 12 months and beyond. Open to members and pre-approved guests. Let’s get to work!

Pandemic, pt. 2

It’s fitting that May is mental health awareness month. In a recent interview, researcher, storyteller and mental health expert, Brene Brown declared that we were in the midst of a second pandemic: a mental health crisis following on the heels of the COVID-19 pandemic. She and other mental health scholars and providers are urging employers and families to pay attention to the “the long tail” of the pandemic's impact on mental health.
 
The pandemic has pushed some family and business systems to the breaking point. Just when there's some light at the end of the pandemic tunnel, employers are having to deal with the results of a burned-out workforce and retention challenges. But for family businesses, the stigma associated with mental illness can place a greater burden on those leading the family firm. Whether you or someone you love is ill, the desire and need for privacy cuts across work responsibilities and family relationships, and impacts what is best for the business. Family businesses can be a force for good and lead by example; they can lessen the stigma of mental illness and increase the likelihood of treatment and healing by providing awareness, training, and access to education.

Read about the strong financial business case for bringing mental health treatment out of the dark and into the light of day.

Economic Projections

Join Michael Gregory, Deputy Chief Economist and head of US economics at BMO Harris, on June 7th at 10:00 a.m. (CT) for a look at the state of the economy and economic projections. Michael’s presentation will kick off the Loyola Family Business Center’s Heroes Campaign. Stay tuned for more exciting news about the Heroes Campaign in the weeks to come. Register here.

Under construction

Our little elves have been hard at work behind the scenes creating a new and exciting website for the Family Business Center. More stories, more videos, and hopefully more ways for your family and business to connect with other family businesses.

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I hope to see you at the strategy program on May 20th and please reach out with an email or a call. I’ve already started booking some summer family meetings and would be happy to talk to you about helping you with yours!
 
From Andrew and me at the LFBC, take good care.

Anne Smart
Director, Family Business Center
May 13, 2021