Family Leadership Series (Calgary): Continuity - A Process for Creating Wealth Across Generations
Tuesday, January 15, 2019
11:00 AM - 1:00 PM
Join the Alberta Business Family Institute for our Family Leadership Series.
Once a month we will host a Lunch & Learn in both Calgary and Edmonton.
December Topic: Continuity - A PROCESS for creating wealth across generations
Presenter: Patricia Steele, FEA B.Comm, LL.B, LL.M (candidate), ICD.C. FEA
Josh Steele, B.B., TEP (candidate)
Continuity – the creation of wealth across generations and a family that flourishes over time. With a foundation in law this session will draw on work by a variety of non-legal experts, package up tools, introduce a process and guide you along the path to continuity. Values inform the way we live, conduct business and lay the foundation for our decision making.1 This is where the session will start. It will move on and invite participants to engage their opposable minds - their ability to consider multiple conflicting ideas at once and devise an outcome that is superior to any single, currently available alternative. 2 Throughout the session we will be adopting an essentialist approach, swapping the undisciplined pursuit of more for the disciplined pursuit of less. 3 Participants will be invited to recalibrate and give themselves the time and space to make good decisions. Principles of entrepreneurial strategic planning, governance and risk management will underpin the discussions and some creatively disruptive ideas may be explored. 4 The session will conclude by addressing changes to the Income Tax Act (Canada) impacting reporting requirements for trusts, tax on split income and passive investment income within the corporate group, with a focus on implications for the family enterprise.
(1) Cynthia D. Scott, Dennis T. Jaffe, Values Edge System: An Exercise in Personal and Team Discovery (Guide to the Values Edge ModelTM); (2) Roger Martin, The Opposable Mind: Winning through Integrative Thinking (Harvard Business School Publishing 2009); (3) Greg McKeown, Essentialism: the Disciplined Pursuit of Less (Crown Business 2014); (4) Thomas W. Deans, Every Family’s Business (Détente Financial Press 2008)
Location:University of Alberta Calgary Centre, 333 5 Ave SW, Calgary
ABFI, Alumni, Main Calendar