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Food For Thought Programs

Join the Wisconsin Family Business Center sponsors as they share their expertise with you. The FBC sponsors are committed to the growth of Wisconsin’s family businesses by presenting important and timely business topics to help you create and support your family business legacy.

Below are links to other Wisconsin Family Business programs.

Speaker Series Programs »

Round Table Programs »

Social Programs »

2021-2022 programs will be held in-person and will offer a live stream option.
Registration is required for all participants.

Please note the specific location and time of each program.

Friday, October 8
Fluno Center, 8th Floor Skyveiw Room
Breakfast Buffet 7:30 a.m., Program 8 – 9:15 a.m.

Cybersecurity: How Protected Is Your Organization?

Presented by BDO USA

We’ve all seen the significant uptick in the news about data and security breaches happening to governments and to businesses and the enormous financial and reputational damage these attacks do. We’ll be discussing how you and your organization currently manage cyber-security risks and will share some best practices. Specifically:

  • Do you have data that needs to be secured or monitored based on various security requirements (GDPR, CCPA, NYDFS, other state requirements, HIPAA, PCI)?
  • Do you regularly update employees regarding security (i.e. security awareness training, phishing activity)?
  • Does your organization use cloud solutions such as AWS, Azure, Google? If so, do you understand security and “owner” of data when using cloud solutions?

What plans do you have in place to address ransomware activities (i.e. incident response plan, whether to pay or not, how to recover systems)?


Register

Thursday, February 17, 2022
Fluno Center, 8th Floor Skyveiw Room and Online
Breakfast Buffet 7:30 a.m., Program 8–10:15 a.m.

Visioning Your Ideal Succession

Presented by DeWitt Law Firm and Aspiriant

You’ve been focused on the planning for your business for many years: long-term strategic planning, navigating shorter-term issues as they arise, and contemplating the optimal vision for the succession of your family business. The team of advisors at DeWitt and Aspiriant will provide real-life examples from their experiences advising family businesses as they transition towards the next chapter in their lives.

  • Planning for the succession of your business isn’t the same exercise as planning for the next chapter in your personal life
  • Suggestions that will help you think about who you are and what you will do after you are no longer actively involved in the business full-time
  • Learn how your values and interests can help you find meaning and purpose in life

Register

Thursday April 7, 2022
Fluno Center, 8th Floor Skyview Room and online
Breakfast Buffet 7:30 a.m., Program 8 – 10:15 a.m.

8 – 9 a.m.
A Match Made in Heaven: An In-Law in the Family Business

Presented by Reinhart Boerner Van Deuren

Family business owners can develop written policies, procedures, and agreements that help maintain good will between in-laws and other family members, whether the in-laws are employed in the business or are mere observers. In this FFT session, Reinhart lawyers will provide you with a checklist and other tools to help your family business live happily ever after with the owners' spouses and life partners.

9:15 – 10:15 a.m.
Financial Planning for Next Gen Leaders

Presented by Resonant Capital Advisors

Business and professional transitions are challenging career and family matters for both primary and succeeding generations. Leadership succession as a non-family key employee, an in-law, or as a next generation equity owner of a professional enterprise bring additional challenges and considerations. Sometimes the financial dynamics of these decisions are at the bottom of the priority list. But they shouldn’t be. We will discuss and walk-through case studies of how next generation leaders can effectively integrate useful financial analysis and planning into their decision-making processes.

Key Takeaways:

  • Working with current leadership to help them satisfy their own financial needs to assist with a smooth transition, including different structures and strategies to consider
  • Evaluating risk and return dynamics around salary, incentive compensation, equity purchase and ownership, and divestment
  • Effective stress-testing of different financial scenarios to ensure sound planning and execution

The Resonant Capital Advisors team looks forward to hearing from members and sponsors about their own experiences and adding our perspective to the FBC community on this important topic.


Register

Thursday, April 28, 2022
Fluno Center, 8th Floor Skyveiw Room and Online
Breakfast Buffet 7:30 a.m., Program 8–10:15 a.m.

8 – 9 a.m.
Financial Acumen 101 – Connecting the Dots

Presented by Johnson Financial Group

Who will benefit: Family and/or non-family members who desire (or who have always avoided) a basic understanding of financial reports, how they are connected, and why they are important

Key Takeaways:

  • Basic understanding of financial reports and how they are all connected
  • Connecting EBITDA to Business Valuation and Business Valuation to Succession Planning
  • Knowledge to better understand the financial goals of your company and what’s behind the decision-making process

This program will benefit individuals who are not regularly engaged in financial reporting but SHOULD have a better understanding of financial reporting. Next gen leaders, family members not in the business or key employees looking to improve their understanding of overall Financial Acumen. Experienced leaders will also benefit from the refresh or by attending alongside others to encourage development in this area.

9:15 – 10:15 a.m.
Leading an Inclusive Culture

Hosted by FBC, Presented by Kate Schlesinger, Solutions Advisor, Center for Professional and Executive Development

This session leverages research and theories from experts at the University of Wisconsin-Madison and delivers it through engaging, facilitated discussions and activities. You will explore the foundations for an inclusive culture and prioritize those elements that are impacting performance at your organization.

Key Takeaways:

  • Exploring core diversity, equity and inclusion concepts and the KIND framework for nurturing inclusion
  • Examining biases and how to manage them
  • Identifying biases and privileges in the workplace
  • Uncovering ways to use privilege to elevate others
  • Developing key team and personal behaviors and actions to help you and your organization become more productive, inclusive and culturally competent

Register