Bridging generational gapsin family firms

February 11th, Thursday
Central European Time 15:00

Bridging the Generational Gap is an important topic in family firms but also in non-family firms. Studies have been conducted on this topic in family businesses which can help any business employing different generations regardless of whether they are family owned or funded or not. We will discuss issues such as the willingness to employ modern technologies, loyal donors in older generations, fundraising among the younger generations, the focus on ESG and doing good within the younger generations, the frequent lack of succession planning, expectations and technologies utilized by the millennials, and different interpretations of the ways to deliver services.
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Nike Anani

Nike Anani is an entrepreneur and a Consultant. She was rated as a top-100 Family Business Consultant globally. She helps her clients bridge the gap between the senior and younger generations to communicate, collaborate and collectively gain clarity, to increase profit and productivity in their family businesses.

Nike works privately with select business families. Nike is passionate about diversity, and celebrates the uniqueness in every individual, family and business. She is also co-founder of the African Family Firms organization, a non-profit association of African Family Businesses which is active in Community Building, Education and Learning, Research and Publication, Networking and Support.

Nike is also an Expert Advisor at Simple, a next-generation insights lab focused on helping Family Offices and private investors to professionalize and be future-ready. She is also a Non-Executive Director at Mixta Real Estate Plc, and has over a decade of experience working as a second generation in her family enterprise, both as a pioneer of the family office and as an executive in the operational businesses.

Nike has also worked for Deloitte UK where she qualified as a Chartered Accountant and studied Economics at UCL in London.

Mitzi Perdue

Author, speaker, and businesswoman Mitzi Perdue holds a BA with honors from Harvard University and an MPA from the George Washington University. She is a past president of the 40,000-member American Agri-Women, She’s also a former syndicated columnist for Scripps Howard and her column, The Environment and You, was the most widely-syndicated environmental column in the country. Her television series, Country Magazine, was syndicated to 76 stations. She’s the founder of CERES Farms, the second-generation family-owned commercial and agricultural real estate investment company that has owned rice fields, commercial and residential real estate, and today, the family vineyards sell wine grapes to wineries such as Mondavi, Bogle, Folie a Deux, and Toasted Head.

Mitzi combines the experiences of three long-time family businesses. Her father Ernest Henderson co-founded the Sheraton Hotel Chain and her late husband Frank Perdue was the second generation in the poultry company that today operates in more than 50 countries. She herself founded CERES Farms in 1974.

She loves to point out that the Henderson family business began in 1840 with the Henderson Estate Company and they have been having yearly family reunions since 1890. If you combine the 180 years since it began, and the 100 years that Perdue Farms has been in business, and the 46 years since the founding of Ceres Farms she represents more than three centuries of family business history.

Recently she authored HOW TO MAKE YOUR FAMILY BUSINESS LAST, Techniques, Advice, Checklists, and Resources for Keeping the Family Business in the Family.

Mitzi Perdue likes nothing better than to share tips for what worked in the long-running families that she’s a part of.

Dr. Peter Lorange

Prof. Dr. Peter Lorange is Chairman and CEO of the Lorange Network, which he founded in 2017 to provide business knowledge digitally and a networked community for company owners, entrepreneurial families and larger private investors.

He was formerly owner and President of the Lorange Institute of Business. Prof. Dr. Lorange is a successful entrepreneur and owner of a highly diversified family office with over 25 investment activities, after having sold his shipping company in 2006.

He is also regarded as one of the world's most foremost business school academics.