{"id":5,"date":"2007-11-14T20:42:06","date_gmt":"2007-11-14T20:42:06","guid":{"rendered":"http:\/\/timandrewsblog-asicentral.com\/timblog\/archives\/5"},"modified":"2008-02-04T04:09:58","modified_gmt":"2008-02-04T04:09:58","slug":"asi-power-summit-%e2%80%93-video-about-compensation-succession-at-family-business-panel","status":"publish","type":"post","link":"https:\/\/timandrewsblog-asicentral.com\/timblog\/2007\/11\/14\/asi-power-summit-%e2%80%93-video-about-compensation-succession-at-family-business-panel\/","title":{"rendered":"ASI Power Summit \u2013 Video About Compensation, Succession at Family Business Panel"},"content":{"rendered":"<p>The final day of the inaugural ASI Power Summit featured the \u201cFamily Business\u201d panelist session, with industry experts Chris Vernon of The Vernon Company, Matthew Cohn of <em>ASI Show!<\/em>, Jeff Lederer of Prime Resources Corp., and me as the moderator.<\/p>\n<p>Our group tackled prominent topics related to running a family-owned company, including:<\/p>\n<ul>\n<li>the vital process of creating a succession plan and managing transitions &#8211; about 95% of distributors and suppliers in the audience said they don\u2019t have a succession plan.<\/li>\n<li>the importance of providing structured and fair compensation plans for family members and non-family members<\/li>\n<li>and instilling a system to handle disputes among staff<\/li>\n<li>We also discussed some of the benefits of doing business with family-owned companies, and, as an audience member and one of our panelists pointed out, distributors and suppliers benefit every day from the commitment, personalized attention and ideas that professionals at family-owned companies provide &#8211; citing that their dedication comes in part from their family values.<\/li>\n<\/ul>\n<p>[flashvideo filename=wp-content\/uploads\/videos\/PSTim_family.flv \/]<\/p>\n<p>Also, you can see pictures from the ASI Power Summit at <a target=\"_blank\" href=\"http:\/\/www.asicentral.com\/powersummit\">www.asicentral.com\/powersummit<\/a>.<\/p>\n<p>Tell me what you think anytime \u2013 post now on the blog or email me at <a href=\"mailto:tim.andrews@asicentral.com\">tim.andrews@asicentral.com<\/a>.<\/p>\n<p>Regards,<br \/>\nTA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The final day of the inaugural ASI Power Summit featured the \u201cFamily Business\u201d panelist session, with industry experts Chris Vernon of The Vernon Company, Matthew Cohn of ASI Show!, Jeff Lederer of Prime Resources Corp., and me as the moderator. Our group tackled prominent topics related to running a family-owned company, including: the vital process [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[11],"class_list":["post-5","post","type-post","status-publish","format-standard","hentry","category-news-about-asi","tag-power-summit"],"_links":{"self":[{"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/posts\/5","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":0,"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/posts\/5\/revisions"}],"wp:attachment":[{"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/media?parent=5"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/categories?post=5"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timandrewsblog-asicentral.com\/timblog\/wp-json\/wp\/v2\/tags?post=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}