In This Issue
This month, our thought leaders cover a wide range of topics; everything ranging from the use of AI within the HR recruitment process, ensuring your data is safe within the realm of cyber security, and key considerations to make the most of your business transition. We are also looking for up-and-coming leaders within your organization! Keep scrolling to nominate a Rising Leader for the 8th Annual Family and Private Business Awards, and see the exciting events the Goering Center has on the agenda for the remainder of the year!
From Our Thought Leaders
Transforming HR Practices in Small and Medium-Sized Businesses Through AI Integration
Leveraging artificial intelligence technologies has helped optimize the recruitment process, enhance employee engagement, and allow for better informed decision-making. Read full article
Managing Third-Party Cyber Risk That Increases Your Organizational Exposure
As organizations increasingly turn to independent contractors for products and services, third-party breaches have become a top cyber threat. Recent events with Caesars Entertainment and MGM Grand clearly illustrate this fact. Learn how your company can minimize the risk of a data breach within this ever-changing technological landscape. Read full article
Key Considerations Before Exiting Your Business
"The best time to begin planning for the transition of your business was when it’s founded, but the second-best time is now." Business transitions are a topic every owner will face eventually, and it is best to be prepared no matter how far out it may be. Between offerings like Next Generation Institute at the Goering Center, and knowledgeable experts like Sean and Morgan with Fifth Third Bank, let us help you be prepared for these difficult topics. Read full article
Nominate Your Rising Leader
From October 2023 to June 2024, nine Rising Leader Finalists will be selected from a pool of nominees by an independent panel of judges. All nominees are on a leadership or succession track of a family or private business, and have successfully advanced one or more of the 10 Best Practices of Family and Private Businesses. Nominate a Rising Leader today!
Next Generation Institute (NGI)
What if you could speak to your family — your next generation successors — with complete candor, helping them finally understand what it means to you to turn over the family business you founded, or were the steward of, over so many years of your life? And what if you are a potential successor to the ownership and leadership of that family business? Filled with ambition one day, reluctance and unanswered questions the next? The Goering Center has over 20 years experience working with family businesses on succession planning.
Begin your family business transition journey with us.
Upcoming Events
November 15 / 8:00 - 11:30 a.m. / Overview Breakfast for CEO roundtables / In-Person / Register
For executives and leaders to learn about the Center's Roundtables program and experience a roundtable session for themselves.
November 16 / 11:30 a.m. - 1:30 p.m. / Sierra Nevada: Family Owned, Operated and Argued Over / Luncheon / In-person / Register
When your family brewery business reaches 1,000 employees, doing the "Right Thing" and doing it quickly is essential to success and remaining authentic. From keeping the founders philosophies about growth to putting it all on the line to finance the deal, we will look at brand positioning, the role of the Board of Directors and how "Doing the Right Thing," made all the difference.
November 28 / 8:00 - 10:00 a.m. / Next Generation Institute (NGI) / Session 1 of 12 / Virtual / Register
Designed to help families understand what is needed and prepare for a smooth and seamless transition of their business to the next generation of owners.
View our 2023 Events Calendar and learn more about upcoming programs throughout the year. Keep an eye out in our next issue for the 2024 events calendar as the new year approaches!
Welcome To Our Community
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Interested in joining the Goering Center and taking advantage of all we do for business education and nurturement?
Reach out to David Miller at mille5dd@ucmail.uc.edu for more information!