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Very Different Rules

by Claremont Graduate University

Although publicly-owned and family-owned businesses have a lot in common, Peter Drucker suggested that when it comes to management, "the family business requires its own and very different rules." Director of the Drucker School Global Family Business Institute Kathleen Fariss hosts this podcast that sheds light on the distinct journey of family-owned businesses through authentic conversations with their leaders. With help from our special guests, we uncover the rules family businesses adhere to that are both binding and beneficial as well as tackle the unique issues and opportunities of family businesses that inform their definition of success. New episodes are available once a month and are free to listeners.

Episodes

S01E11 Vision and Perseverance – Build it for the People

50m · Published 21 Aug 23:56

On this episode, we will focus our discussion on leading through unstable and uncertain times and how never giving up on your dream and yourself yields big results.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E10 The Evolution of a 112-Year-Old Family Business

49m · Published 01 May 19:14

In this episode, we talk with Drew Everett, 4th generation family member and chairman of the board for Bush Brothers & Company, a 112-year-old family business. While their family recipe will always remain a secret, Drew reveals how the business has changed over the years, what lessons were learned along the way, and how the family continues to weather the storm, generation after generation.
For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E09 Family Office, Quarantine Edition: Sparking Innovation Through Disruption & Startups

50m · Published 15 Apr 17:33

In this episode, we talk to entrepreneur and family office partnerfamilias Scott Taylor and managing partner of Hawke Ventures, the venture arm of a family office, Drew Leahy. We will focus our discussion on managing innovation with a family office during these unprecedented times, while keeping in mind that through disruption, innovation is sparked!

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E08 One Hundred Fifty Years of Stewardship and Luck With René Ancinas

46m · Published 02 Mar 18:23

Stewardship is a big part of it, but so is luck. In today’s episode, we sit down with Rene Ancinas, president, CEO, and fourth-generation family member of Port Blakely, about how the company’s vision to leave the world better than how they found it, plus a few fortunate circumstances, have kept them going for over 150 years.

 Episode transcript:

Hi, I'm Kathleen Farris, and this is Very Different Roles, a podcast featuring conversations with family-owned business members, leaders, and advisors. Today we'll be talking with René Ancinas, Chief Executive Officer, fourth generation of Port Blakely. René, welcome to the show!

René Ancinas

Thanks for having me.

Kathleen Farris

You're welcome. We're glad that you took time out. We know you've got to be really busy up there with all those trees. So, we'll start today, René, to talk about, really, Port Blakely's success and the longevity that's allowed your family business to really continue, and of thriving in carrying your family values, your wealth, forward over the last 150 years. So if you can talk a little bit about your history and your family business and what you do for them.

René Ancinas

Sure, I'd be happy to do that. So, Port Blakely is actually a little over 150 years. It was founded in 1864 in the Puget Sound in Seattle. And it was not founded by an Eddy family member; it was actually founded by a gentleman named William Renton, who was kind of an icon in early pioneering history in Seattle. He had been a merchant marine; he had been an orphan, and like a lot of people at that time, he came west with that pioneering spirit and wanted to start something.

René Ancinas

He actually started in the milling business. He started a couple of different ventures which were not successful. One, he had started the company in a bad location with lots of high winds and notoriously bad Seattle weather.

Kathleen Farris

Probably hard for trees.

René Ancinas

Yeah, exactly. And then he... No, he was only in the mill business.

Kathleen Farris

Oh, got it, okay.

René Ancinas

This was before what we know today as sustainable forestry, which is a whole different world.

Kathleen Farris

Okay.

René Ancinas

Then he tried it again, and there was actually a boiler explosion and he lost his eye, and so he had this great eyepatch for the rest of his life. He went to the Bay Area to recover, and then he came back a third time and he found this great harbor on Bainbridge Island, which was sheltered and deep, and that's when the company really started and he really got going. So early on it was shipbuilding; it was the largest mill west of the Mississippi, one of the first to have electricity. And the family lore and the company lore is that it burned down at least two times. That was kind of the nature of it.

René Ancinas

But our family company came across from... They started in Bangor, Maine in the 18th century. They had been in the lumber business, like a lot of other families. They had gone, like a lot of business family members for a lot of different companies... Weyerhaeuser and everybody else... They migrated to the Midwest. Our family went to Michigan; we had operations there for the second generation, and different kinds of things. There was lumber milling, but the family member there was also in banking and dry goods. And then the next generation came west, like a lot of other folks, and they bought the company in 1903.

René Ancinas

Our family bought the company from the founders' estate in 1903, and at that point it was a mill, and over a period of time, Renton had also stockpiled some of his savings into forest

S01E07 Adding Value to Every Interaction With Kent and Topher Thompson

50m · Published 04 Feb 18:27

Value, integrity, and progressive. These are the first three words you see when visiting the website of family-owned Thompson Realty Group. In this episode, we talk with Kent Thompson, president, and Topher Thompson, licensed agent, about family values and how they are developed, instilled, and carried forward through generations.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E06 Tradition and Innovation. Bridging the Great Divide. With Andrew Chen

43m · Published 06 Jan 22:55

In this episode, we sit down with Andrew Chen, chief operations officer at Woodmax Company in Taiwan, to discuss how the next generation can continue to honor tradition and values in their family business while casting their own vision and goals for the future.
For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E05 Time to Exit, Now What - With Brian Powell and Priscilla Rose

1h 12m · Published 02 Dec 23:31

In this episode, we will talk about succession planning and lessons learned along the way.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E04 Time to Shift With Tony Kan and Caron Ng

42m · Published 04 Nov 22:27

In this episode, we will talk about the generational shifts inside the family business and how next-generation leaders set the stage for a healthy shift while launching their own dreams.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E03 Rising Generation With Dani Novack and Pat Soldano

52m · Published 01 Oct 22:32

In this episode we will talk about the rising generation, their goals of taking over the family business and how to help them best navigate that shift.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

S01E02 The Root Family With Preston Root

19m · Published 03 Sep 21:10

In this episode we will talk about the successes and opportunities of navigating a generational shift.

For a transcript of this episode, email cgupodcasts at gmail.com and include the episode title.

Very Different Rules has 11 episodes in total of non- explicit content. Total playtime is 8:45:28. This podcast has been added on November 23rd 2022. It might contain more episodes than the ones shown here. It was last updated on January 30th, 2023 02:22.

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