> The 2005 Connecticut Family Business of the Year Award Winners Discuss...
The 2005 Connecticut Family Business of the Year Award Winners Discuss...
| Date: Tuesday, March 28, 2006 Time: 5:30-8:00 PM Location: Crowne Plaza Hotel - Southbury (formerly Hilton Hotel) The UConn Family Business Program is proud to invite you to our signature event following the Connecticut Family Business of the Year Awards. On Tuesday, March 28th, the Family Business Program will facilitate a candid and interactive discussion with some of the winners from the 2005 Connecticut Family Business of the Year Awards. This is a prime opportunity to find out how some of the state's most successful family firms have survived economic uncertainty and succeeded to... --Manage the changes associated with mergers & acquisitions --Improve operational efficiencies through an activity-based costing system --Streamline operations to reduce lead time, processing time and defects --Motivate and empower employees --Integrate non-family executives and outsiders --Develop a plan and policy for family employment --Minimize unproductive conflict while maximizing creativity and diversity of ideas --Control growth --Diversify customer and industry base --Win at Succession Members may attend at no charge. Non-member fee is $95 for the first person and $50 each additional from the same company. Please RSVP your attendance by, Friday, March 24th. To rsvp, please call Priscilla at 860-486-5628 or e-mail pcale@business.uconn.edu. About the Panelists Altek Electronics Placing first place in the medium business category, Altek Electronics is a 2nd generation electronics manufacturing and assembling company founded in 1972. A manufacturing marvel, Altek Electronics (profitable 32 of 33 years) relies on critical success factors that include continuous flow manufacturing, inventory control, cross-functional teams, on-time delivery and six sigma quality. The result is a culture of change amongst employees who are empowered by reduced cycle times and defects. Pegasus Manufacturing Winner of the 2005 "People's Bank Ulizio Business Achievement Award", Pegasus Manufacturing is a 2nd generation family firm founded in 1989. Pegasus Manufacturing has managed growth and diversification through acquisitions taking them from a local components manufacturer to the most dynamic and flexible turnkey manufacturing firm in the region. Awarded the Small Business Administration's "Small Business Exporter of the Year" distinction, Pegasus Manufacturing has seamlessly managed a culture of change while serving an increased global customer base representing 40 industry sectors. Torrington Supply Company Placing first in the large business category, TSC is a 4th generation plumbing supply distributor founded in 1909. A paragon of successful family business planning, TSC has crafted policies, procedures and performance evaluations for employees and family members that mitigate ambiguity and motivate all employees. Recently, a leading trade magazine awarded TSC the "National Wholesaler of the Year" award for innovative work in leveraging technology and implementing a successful activity-based costing system. |