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Talent — Innovation — Growth: redefining the formula for family business success
7–8 June 2017, Monaco
EY Global Family Business Summit
2 EY Global Family Business Summit
Talent — Innovation — Growth: redefining the formula for family business success
How to join usThis event is by invitation only. Should you wish to attend, please request an invitation from Francesca Ambrosini.
For more information about the EY Family Business Center of Excellence, visit us at ey.com/familybusiness.
3EY Global Family Business Summit
The EY Global Family Business Summit offers family business owners an exclusive platform to discuss the most pressing issues they face today and to be inspired by some of the most successful family business leaders in the world.
Taking place during the EY World Entrepreneur Of The Year™ 2017 Forum in Monaco, this year’s summit — aptly entitled Talent — Innovation — Growth: redefining the formula for family business success — promises to be the place where entrepreneurs from multi-generational businesses and those building a legacy for their next generations come together, celebrate and regroup to plan their future.
Looking forward to the next 10 years, family firms are going to face new realities that will challenge even their strongest of features. Their long-term perspective, family values and job stability will soon be challenged by emerging trends and economic paradigm shifts. It is crucial to start identifying what the new competitive advantages for family businesses will be in the future and to redefine what success will look like for the next generations.
We believe that by exploring these three dimensions — innovation, growth and talent — from a family business perspective, we can help redefine what will make family businesses successful in the future and how they will balance their long-term approach with the shortening of business cycles.
I look forward to welcoming you in Monaco.
Peter Englisch EY Global Family Business Leader
Join usTalent — Innovation — Growth: redefining the formula for family business success
4 EY Global Family Business Summit
The programThe EY Global Family Business Center of Excellence has developed an agenda that includes keynote sessions, panel discussions, private meetings and plenty of networking.
We believe that our speakers, panelists and thought leaders from EY and beyond will equip you with the knowledge and inspiration you need to fully unlock the growth potential of your family business.
TimingThe Summit starts at 17:30 on 7 June 2017 at the Monaco Yacht Club with a special opening session followed by the Family Business Yearbook launch dinner, and it concludes at 17:30 on 8 June 2017 at the Fairmont Hotel. The sessions on 8 June will run in parallel to the World Entrepreneur Of The Year Forum.
Who will join the EY Global Family Business Summit?The Family Business Award of Excellence winners will be in attendance, alongside other family business leaders and members from around the world. We are also encouraging next-generation members to attend with a specially tailored program. Attending the Summit is by invitation only, and the participation fee is of €995 plus VAT per person (€495 plus VAT for spouses).
EY Global Family Business Summit 7–8 June 2017 Monaco Yacht Club and Fairmont Hotel, Monaco
“ Participating in the EY Global Family Business Summit was a fantastic opportunity. We were able to exchange views on hot family business topics and meet other entrepreneurs.”
Family Business Award of Excellence 2016 winner — Belgium
Read our EY Global Family Business Summit 2016 highlights.
Experience the EY Global Family Business Summit 2016 by viewing the highlights video.
6 EY Global Family Business Summit
Wednesday, 7 June
5:30 p.m. Arrival and welcome drinks, Monaco Yacht Club
6:15 p.m. | Opening remarksPeter Englisch, EY Global Family Business Leader
6:30 p.m. | Opening keynote panelLeading practices in effective philanthropy and impact investing In our latest study, Family business philanthropy: creating lasting impact through values and legacy, we showed how family businesses increasingly regard philanthropy as a social investment, while the families themselves look to perpetuate the founder’s values and heritage to engage the next generations. In this keynote panel discussion, visionary representatives from significant philanthropic families and impact investors will explore leading practices in effective social investment.
Moderator: Bernhard Lorentz, EY Government & Public Sector Leader – Germany, Switzerland, Austria, and Visiting Scholar, Stanford University’s Center for Philanthropy and Civil Society
H.S.H. Prince Max von und zu Liechtenstein, CEO, LGT, Liechtenstein Stephen Brenninkmeijer, Founder and Principal, Willows Investments, UK Olivia Leland, Founder and Executive Director, Collaborative for Scaling Social Impact, US
7:30 p.m. |EY Global Family Business Center of Excellence Special Recognition and NextGen Award presentation The EY Global Family Business Center of Excellence will honor an iconic business family with our Special Recognition (previous recipients include Bill Ford and André Hoffmann), as well as announce the winners of the EY NextGen Award competition.
7:45 p.m. |EY Family Business Yearbook launch dinner A celebration of EY Entrepreneur Of The Year Family Business Award of Excellence winners.
Thursday, 8 June
10:00 a.m. | World Entrepreneur Of The Year Forum: opening keynoteForging growth in the age of uncertainty
11:30 a.m. | EY Global Family Business Summit: opening keynoteHow can long-term family businesses succeed in a rapidly changing world? In this session, we will discuss with William P. Lauder, the leader of one of the most iconic and innovative family businesses globally, how entrepreneurial families can leverage their unique history and characteristics to successfully meet the challenges and changes that a new economic order will bring, how they can balance their long-term vision with shortening business and product life cycles, and how they can “futureproof” their business without compromising their values and vision. Founded by the iconic Estée Lauder in 1946, her eponymous company has been one of the most innovative forces shaping and continually disrupting the beauty industry for three generations, with the Lauder family and their values right at the heart of it. Who can best address this topic than her grandson William, who is leading her legacy into the future?
William P. Lauder, Executive Chairman, The Estée Lauder Companies, US
Interviewed by: Uschi Schreiber, EY Global Vice Chair – Markets and Chair of Global Accounts Committee
Agenda
7EY Global Family Business Summit
12:15 p.m. | Panel discussionSustainable growth: the impact of family governance and structure Family businesses have developed a number of growth models that have enabled them to thrive without compromising their family values and vision. Strong family governance and structure are usually what allow them to achieve this. Based on leading examplesand academic insights, this session will analyze and discuss accepted growth models, examine the emerging ones, and predict how family business leaders will be challenged in the future.
Moderator: Annie Koh, Vice President, Office of Business Development, and Academic Director, Business Families Institute, Singapore Management University, Singapore
Rodolfo De Benedetti, Chairman, CIR, Italy Jørgen M. Clausen, Chairman, Danfoss, Denmark Nick Oughtred, Chairman, William Jackson Food Group, UK
1:00 p.m. | Lunch panelMeet the EY Entrepreneur Of The Year Family Business Award of Excellence winners A selection of this year’s EY Entrepreneur Of The Year Family Business Award of Excellence winners will discuss how they are meeting the challenges of current economic uncertainties and what keeps them awake at night.
Sir William Gallagher, CEO, Gallagher, New Zealand Christina Suriadjaja, Co-founder and Chief Strategy Officer, Travelio.com, Indonesia J. Heinrich Jessen, Chairman, Jebsen & Jessen (SEA), Singapore Ton van Veen, Chief Financial Officer, Jumbo, the Netherlands Interviewed by David Bain, Founder and Editor-in-chief, Family Capital, UK
2:30 p.m. | World Entrepreneur Of The Year Forum: family business keynoteAndrea Illy, Chairman, illycaffè S.p.a, Italy
3:30 p.m. | Panel discussionWhen genes are not enough: how to attract, retain and nurture top non-family management Family businesses seeking specific skills and talent know that hiring non-family executives is a critical — yet delicate — process. But what else can these “outsiders” bring to the business? And how can the family make sure external hires respect and fully embrace the business’s fundamental values? This panel will explore how family businesses can take full advantage when hiring external directors,and we will share some of the key findings from EY’s latest study on the topic.
Moderator: Andreas von Specht, Founding Partner, AvS — International Trusted Advisors, Germany
Charles Kittredge, Chairman, Crane & Co., US Guido Vanherpe, CEO, La Lorraine Bakery Group, Belgium
4:30 p.m. | Closing keynoteGrowing against all odds: the extraordinary story of the Strauss Group. We could not think of a better closing keynote to this Summit than an interview with one of the most inspirational family business leaders of her generation. Ofra Strauss took over her family business — a local food and beverage company in Israel — and continued her father’s legacy by leading the business on a global journey through partnerships with some of the world’s food and beverage giants such as PepsiCo, Unilever, Danone and Haier. The company now operates in over 20 countries worldwide, and Ofra Strauss’ vision, entrepreneurship and drive are largely inspired by the values and unique DNA of the Strauss family, which established the business out of the challenges of an emerging nation and turned it into a global market player. Her story is remarkable, and this keynote is a unique opportunity to learn how uncertainty can truly be your opportunity.
Ofra Strauss, Chairperson of the Board, Strauss Group, Israel
EY World Entrepreeur Of The Year Forum sessions
8 EY Global Family Business Summit
Featured speakers and panelists
William P. LauderExecutive Chairman The Estée Lauder Companies, US
Ofra StraussChairperson of the Board Strauss Group, Israel
Stephen BrenninkmeijerFounder and Principal Willows Investments, UK
Rodolfo De BenedettiChairman CIR, Italy
Olivia LelandFounder and Executive Director Collaborative for Scaling Social Impact, US
Annie KohAcademic Director, Business Families Institute, Singapore Management University
Jørgen M. ClausenChairman Danfoss, Denmark
H.S.H. Prince Max von und zu Liechtenstein CEO LGT, Liechtenstein
Charles KittredgeChairman of the Board Crane & Co., US
Andrea IllyChairman illycaffè S.p.a, Italy
Guido P. VanherpeCEO La Lorraine Bakery Group, Belgium
Christina SuriadjajaCo-founder and Chief Strategy Officer Travelio.com, Indonesia
Nick OughtredChairman William Jackson Food Group, UK
9EY Global Family Business Summit
The EY Global Family Business Summit is a unique opportunity for 18- to 30-year-old next-generation members to meet and learn from influential family business and market leaders and to bond with peers from around the world. Take the opportunity to voice your vision and showcase your entrepreneurial achievements in plenary sessions, exclusive breakout sessions and at social events.
In addition, get connected with our 2017 EY NextGen Award winner, who will be presented on stage during the EY Family Business Yearbook launch dinner. The EY NextGen Club Award recognizes the entrepreneurial and intrapreneurial achievements of EY NextGen Club members.
Visit www.ey-nextgen.com to learn more.
NextGen Program at EY World Entrepreneur Of The Year
10 EY Global Family Business Summit
At the Summit, we will announce the EY Global Family Business Center of Excellence Special Recognition and EY NextGen Award winners. The EY NextGen Award is open to all of our NextGen Academy alumni. The award recognizes exceptional entrepreneurs among younger members of family businesses. The EY Global Family Business Center of Excellence Special Recognition is designed to recognize exceptional family businesses who have passed
down an entrepreneurial and innovative spirit from generation to generation. Previous recipients have included the Perot family, Bill Ford and André Hoffmann, pictured above with the 2016 EY NextGen Award winners, Peter Honnegar and Daniela Pillhoffer.
10 EY Global Family Business Summit
EY Global Family Business Center of Excellence Special Recognition and EY NextGen Award
11EY Global Family Business Summit
The much-anticipated launch of the 2017 EY Family Business Yearbook, celebrating the achievements of the EY Entrepreneur Of The Year Family Business Award winners, will take place at the exclusive Monaco Yacht Club on the evening of 7 June. The evening enables our family business participants to network in relaxed, convivial surroundings. This special evening will also include the announcement of the Global Family Business Center of Excellence Special Recognition and NextGen Award recipients for 2017.
The event can be attended by invitation only and places are limited, so if you received this brochure with a personal email invitation, please follow the link provided to register.
Alternatively, please contact Francesca Ambrosini to request an invitation. The event is open exclusively to family business owners and members and founders with a dynastic will.
You can also visit us at ey.com/weoy or ey.com/familybusiness.
EY Family Business Yearbook launch
11EY Global Family Business Summit
12 EY Global Family Business Summit
Could uncertainty be your best opportunity for growth? If you see uncertainty as opportunity, join us at EY World Entrepreneur Of The Year™ 2017.
Today’s geopolitical and economic uncertainty presents a new wave of challenges for business — and can be a powerful driver in accelerating growth for those who identify opportunities. Join us at the EY World Entrepreneur Of The Year 2017 Forum, 7–11 June in Monaco, as we convene hundreds of disruptive thinkers and global business leaders
on a collective mission to move beyond barriers and create innovative approaches that accelerate growth, even in uncertain times. At the Forum, we will explore the most prominent issues facing entrepreneurs and business today.
If you see uncertainty as a catalyst for growth, we hope you’ll join us at the 2017 Forum and the 17th annual EY World Entrepreneur Of The Year Award black-tie gala, where we will honor some of the world’s most distinguished entrepreneurs.
For more information, please visit ey.com/weoy.
Extend your stay and join us at the EY World Entrepreneur Of The Year Forum and award gala
12 EY Global Family Business Summit
EY | Assurance | Tax | Transactions | AdvisoryAbout EYEY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
About EY Entrepreneur Of The Year™EY Entrepreneur Of The Year is the world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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