Sponsored by the Woody and Gayle Hunt Family Foundation, “The Drucker Difference and Your Family Business” is a six-part interactive education series that enables a global network of family businesses to learn how to leverage Peter Drucker’s key management principles. Sessions focus on unique challenges in family business including managing transitions between generations, balancing tradition with innovation, sustainability, making contributions to society, managing wealth, governance, and managing people.
The inaugural session features an in-depth presentation of Drucker Principles by Drucker School of Management Professors Vijay Sathe and Bernie Jaworski and an insightful conversation with Bill Betts, the 6th-generation President and COO of Betts Company. Betts shares how the 152-year-old family run business has evolved from its humble beginnings as the first spring manufacturer west of the Mississippi into a diversified operation that serves heavy-duty transportation, automotive aftermarket, and other industrial sectors.
“The Drucker Difference and Your Family Business” seminar series is sponsored by the Woody and Gayle Hunt Family Foundation. Thanks to the support from Foundation Chairman and Drucker School alumnus Woody L. Hunt (MA, Executive Management, ’89), the Drucker School Global Family Business Institute is empowered to further its mission to provide specialized support and resources for those leading family-owned and family-run businesses through this six-session interactive education series. Read more about how the Foundation’s generous grant is making an impact here.
Watch the Session
Bill Betts is the 6th-generation President and COO of Betts Company, a 152-year-old family run business that has evolved from its humble beginnings as the first spring manufacturer west of the Mississippi into a diversified operation that serves heavy-duty transportation, automotive aftermarket, and other industrial sectors.
Bernie Jaworski is the Drucker Chair in Management and the Liberal Arts, which is named in honor of Peter Drucker, the founder of modern management and the namesake of the Drucker School. The professorship is awarded to an internationally recognized scholar who carries on the Drucker legacy of tempering sound business practices with a commitment to social responsibility.
Vijay Sathe was a professor at the Harvard Business School for 10 years prior to joining the faculty at Drucker School of Management. He teaches Managing Change, The Effective Executive, and Managing the Family Business. Sathe has taught in numerous executive education programs around the world and has published six books and numerous articles in academic and professional journals. He has also served as a consultant to corporations worldwide, and he has advised government agencies and not-for-profit organizations.
Sathe’s two latest books are Manage Your Career: 10 Keys to Survival and Success When Interviewing and On the Job, published by Business Expert Press in 2015; and Strategy and Competitiveness in Latin American Markets: The Sustainability Frontier, co-edited with Urs Jäger and published by Edward Elgar in 2014. He received his MBA and PhD from Ohio State University.