Family Business — The Fight to Stay Ahead of Global Competition
Tuesday, March 18, 2014
PHILADELPHIA (March 17, 2014) — With the rise of lower-priced foreign imports and online competition, how can a local family business position itself as a strong player in the global marketplace?
"Every family enterprise is impacted by globalization," says Mike McGrann, director of Saint Joseph's University's Initiative for Family Business and Entrepreneurship. "The 'familiness' of these businesses also offers a unique benefit. At the Initiative of Family Business and Entrepreneurship, we help companies identify this sweet spot and leverage it as a sustainable competitive advantage."
McGrann, and a panel of experts, will demonstrate how Philadelphia-area family businesses can best respond to globalization during an upcoming breakfast seminar, "Succeeding in a Hyper-Competitive Global Marketplace: Preparing for Competition Down the Street and Across the World" on Wednesday, March 19. The event will take place from 7:30 – 11 a.m. on Saint Joseph's campus in Mandeville Hall's Wolfington Teletorium.
"The seminar will address where and how local family businesses fit into globalization," says McGrann. "Participants will receive the necessary tools to leverage their "familiness advantage" as a strategic response to a hyper-competitive market — whether it comes from down the street, or across the globe."
Featured panelists include:
- Michael Cardone III, President of Cardone Industries, Inc.
- Robert Healey Jr., Executive Co-Chairman of The Viking Group
This event is free and open to the public. Click here to register.