The University of Vermont

Vermont Family Business Initiative

Building and Maintaining Trust Between Family Firms and Advisors

Date: November 17, 2005
Time: 2:00 – 4:00 p.m.
Presented By: Kenneth Kaye, PhD
Location:

 The Inn at Essex, Essex, Vermont


Description:

 A study conducted by Arthur Andersen/MassMutual cited the critical importance that trusted advisors play in family business planning: 84.6% named their professional advisor (accountant, lawyers, bankers, etc) as the first, second, or third most trusted business alliance. The Vermont Family Business Initiative will be hosting a unique workshop specifically for advisors of family or closely held firms. Kenneth Kaye, an international leader in the field of family business dynamics, will be leading this two-hour session. “Building and Maintaining Trust Between Family Firms and Advisors” is designed to help you better understand the role that trust plays in working with these firms.

The role of professional advisors has changed over the years. Today's advisors must learn to build stronger relationships based not only on professional knowledge, but also on trust and long term relationships. Being a valued advisor to navigate a family business through the complex waters of conflict, transition and succession requires a high level of trust. This workshop provides specific, actionable ideas and skills to help advisors from all professional services operate successfully as a trusted advisor to a family or closely held businesses. Dr. Kaye will detail the Conflict Resolution System (from his book "Workplace Wars and How to End Them"), as well as proven effective steps to building a process of trust between advisors and businesses.

Presenter Bio:

 Ken Kaye, PhD, is an international leader in the field of family business dynamics. He often presents workshops on how professional advisors can best serve their family business clients. Ken has also published dozens of articles about resolving disputes, rifts and intergenerational tensions that threaten family business enterprise. His most recent book is The Dynamics of Family Business: Building Trust and Resolving Conflict. Ken Kaye earned his bachelor's and doctoral degrees from Harvard University (A.B. in English literature, 1966; Ph.D. in psychology and education, 1970). He was a Knox Fellow at the University of Cambridge, England. Later he trained in family therapy at the Family Institute of Chicago.

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    Vermont Training Program Grants

    Program Grants Available

    Non-credit workshops and courses only

    Employees working in the industries of: manufacturing, healthcare, informational technology, telecommunications, and environmental engineering may be eligible for up to a 50% discount on courses. This grant is offered through a partnership with the Vermont Training Program and the Department of Economic Development. For more details call 888-222-3413 or 802-656-4033.

    Notice to Trainees

    WHY WE NEED YOUR SOCIAL SECURITY NUMBER
    Act 192 of the 2008 Vermont Legislature requires employers and other training providers receiving support from the state to provide the social security number of each individual participating in the training to the department of state government supporting the training. The social security number will be used to gather wage information from the Department of Labor's files after you complete training, in order to evaluate the training program.

    The Departments of Labor and Economic Development must provide information on the employment outcomes of training programs to the Legislature. Your information will be combined with information of other trainees to ensure your privacy and the privacy of your employer. The law requires the departments to keep your information confidential.

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