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. 

Media Contact

Carolyn Steigleman, Marketing Communications | Haub School of Business, 610-660-1355,


Founded in 1851 in the Jesuit tradition of academic excellence, Saint Joseph’s University is a top-ranked Catholic University that provides a rigorous, student-centered education. With a total enrollment of 8,500 undergraduate and graduate students, SJU offers a wide-array of academic programs designed so that each graduate enters the world with a competitive resume and global perspective. This is achieved through intense academic study led by thought-leading faculty scholars, a comprehensive campus experience and robust study abroad, service-learning, internship and co-op programs. Upon graduation, nearly 100 percent of students are employed, pursuing advanced degrees or volunteering in prestigious service programs. A member of the Atlantic 10 Conference, SJU offers 20 Division I intercollegiate men’s and women’s sports. SJU alumni – over 60,000 strong - provide a powerful network that spans the globe.

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