>>May 16 - 17, 2014

Location: UCLA Faculty Center and UCLA Anderson

(GPS not recommended due to major construction around Sunset and 405 FW) 
480 Charles E Young Dr W  Los Angeles, CA 90095 (310) 825-0877  http://facultycenter.ucla.edu/About-Us/Directions.aspx
110 Westwood Plaza  Los Angeles, CA 90095 (310) 825-2985   http://www.anderson.ucla.edu/about/maps-and-directions



The Steinbeck Family Business Seminar is held bi-annually and covers fundamental considerations in leading and governing an effective and profitable family-owned or other closely-held enterprise. 

At a Glance:

Friday, May 16, 2014

  8:00 A.M. - 8:30 A.M. / Breakfast l Welcome and Introduction 

8:30 A.M. - 10:15 A.M. / Overview l Issues and Dynamics of Family and Closely Held Businesses
What are some of the common issues faced by family and closely held businesses, and how can you prepare for them? Understanding the financial, management and communication challenges that are common to family businesses will help your business prepare for the future.

10:15 A.M. - 10:45 A.M. / Break

10:45 A.M. - 12:30 P.M. / Discussion l Engaging the Next Generation of Leadership
Thousands of family and closely held businesses around the globe are preparing for a generational transition - often without a clear leader in place. Learn how you can successfully manage through this stage of the business life cycle.

12:30 P.M. - 1:30 P.M. /Lunch and Speaker l Innovation

1:30 P.M. - 3:15 P.M. / Expert Panel l Important Conversations 
There are times when you need to have tough conversations about sensitive family and business issues. What is the best way to do so? Learn some effective communication strategies from this panel of advisors and business executives. 

3:15 P.M. - 3:45 P.M. /Break

3:45 P.M. - 5:00 P.M. /Case Study l Managing for Healthy Family and Employee Relationships 
Not every member of the family will join the family business, and those that do may play very different roles. This discussion will explore how one family handled these issues. 

5:00 P.M.  - 6:00 P.M. / Wrap-up and Social Hour

Saturday, May 17, 2014

      8:00 A.M. - 8:30 A.M. / Breakfast 

8:30 A.M. - 10:15 A.M. / Case Study l Financial Goals for the Business and the Family
Some family members want to use the family business to maximize their personal cash flow, while others realize the value of reinvesting for future value. What is the optimal approach for your family?

10:15 A.M. - 10:45 A.M. / Break

10:45 A.M. - 12:30 P.M. / Business Owner's Panel l Improving Economic Performance
There are many ways to improve the performance of your business. Some involve finance techniques, while others involve operations and human resources. From pricing to capital structure to productivity improvements to cost cutting measures, this panel will share their time tested approaches to a better bottom line.

12:30 P.M. - 1:30 P.M. / Lunch and Speaker l Entrepreneurship

1:30 P.M. - 3:15 P.M. / Panel l Effective Corporate Governance
This panel will share the goals and objectives of developing effective corporate governance strategies for family and closely held businesses. Learn how to build a board of advisors or directors, their roles and functions, and how they can improve the performance of your business. 

3:15 P.M. - 3:45 P.M. / Break

3:45 P.M. - 5:00 P.M. / Next Steps l The Family Business Improvement Plan
A well crafted strategy and goals, followed by an action plan are essential components to improving key areas of your business. Learn the basic framework to developing your own Family Business Improvement Plan with this step by step approach. 

5:00 P.M.  - 5:30 P.M. / Conclusion l Closing Ceremony and Certificate Presentation

5:30 P.M.  - 6:30 P.M. / Reception l Hors d'oeuvres

* Subject matter may change based on participants.  

The Steinbeck Family Business Seminar is held bi-annually and covers fundamental considerations in leading and governing profitable family-owned or other closely-held enterprise. 


Seminar candidates should be owners and C-Level Executives of family and closely-held businesses and select family members, as appropriate.  Companies should have a minimum of $5 Million in topline revenue. There is a preference for operating companies, preferably in manufacturing, construction, distribution and retail. Service businesses such as food services or healthcare providers (other than professional service providers), are encouraged to attend.


The program is offered at a discounted rate of $1,250 for each participant, limit three participants per enterprise. The discounted rate is made possible by the Steinbeck Family Business Endowment and our sponsors.


       Graduates of the seminar will receive a certificate as well as complimentary consultations from our sponsors.  
       The certificate includes consults with

       1.  City National Bank: Linda Davis Taylor, Chair and CEO, Clifford Swan Investment Counsel on families and philanthropy (2 hours)

       2.  KPMG LLP: Based on your company's objectives, KPMG will identify a Subject Matter Professional (SMP) or SMP's, who will gather information to better understand the current landscape of your company and assist in the development of next steps towards meeting your objectives.  (2 hours)

       3.  Jeffer Mangels Butler & Mitchell LLP: In-office consultation either with Timothy Lappen (founder and chairperson of the law firm's Family Office Group and a member of the firm's Global Hospitality Group, Motor Vehicle Group and Broker-Dealer Investment Management Group as well as the law firm's Corporate Department and the firm's Real Estate Department) or with Louise Ann Fernandez (chairperson of the law firm's Labor & Employment Group, co-chair of the firm's Appellate Practice Group, and a member of both the firm's Family Office Group and the firm's Global Hospitality Group).  (1 hour)


If you have any questions, please email entrepreneurial.studies.center@anderson.ucla.edu or call (310) 825-6368.  


Presented by the UCLA Price Center and in association with the Steinbeck Family Business endowment and sponsors.                                           

City National Bank


KPMG Mercer