Synopsis: What is it about family control that enables companies to make excellent decisions quickly? How do their owners, managers and boards contribute to innovation related decision-making in ways that could benefit all organizations? It can be tempting to think of family businesses as risk-averse, slow moving and, well, boring. Without the constraints of disparate ownership, however, family-owned companies have, in some ways, even more freedom to innovate. Our panelists represent family enterprises of varying sizes, industries and complexity, but all have stories about cultivating organizational change for the sake of growth, sustainability and even survival.
Biographies of Panelists:
Kristine Hubbard, Operations Manager, Beck Taxi
Beck Taxi is an iconic part of the city of Toronto. Founded in 1967 by Jim Beck, Kristine’s grandfather, the distinctive orange and green colours of Beck are instantly recognizable, citywide, and represent the city’s largest fleet. Kristine has been with Beck for over 25 years, has worked in every department in the company and now oversees major tech projects, marketing, and manages corporate contracts.
Margaret Hudson(Rotman MBA ’99), President, Burnbrae Farms Limited
Burnbrae Farms is a sixth generation Canadian family–owned and operated company that is Canada’s largest integrated egg supplier. Margaret is the daughter of company Chairman, Joe Hudson. She worked her way up through the business and is now responsible for overseeing strategy development, succession planning and overall operations management for the company.
Don Lang, Executive Chairman, CCL Industries
Don Lang joined CCL industries Inc. in 1982 and was appointed CEO in 2000 when it embarked on becoming the world’s largest label manufacturer, now employing more than 20,000 people operating over 165 production facilities in 40 countries with corporate offices in Toronto, Canada, and Framingham, Massachusetts. CCL Industries’ brands include CCL Labels, Avery (labels), Checkpoint (RF and RFID technology), and Innovia (surface-engineered films).
Ken Tencer, CEO, Spyder Works Inc.
Ken Tencer is an entrepreneur, a best-selling author and a Director serving on multiple boards. He is recognized internationally as a business and innovation thought leader who helps organizations to bring their ideas to market faster and more continuously. A lifelong learner, Ken is currently pursuing a Doctor of Business Administration focused on corporate entrepreneurship’s impact on sustainable business growth.
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