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Goering Center News

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Goering Center Newsletter Cover Image - 2021 honoree headshots under magnifier and sponsor logos

Goering Center Newsletter

We provide members of the media and the general public with relevant, complete and timely information about our mission, member services and the impact we are making in the region. Hear from our region’s thought leaders and learn about our members and volunteers.

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Goering Center IN the News

  • March 28, 2022: 4th Generation to Lead Cincinnati Container into the Future On May 1, 2022, Lauren Johnson-Lake of Cincinnati Container Company assumed the role of President. Formerly Vice President of Operations, she succeeded her father, Paul Johnson, as the fourth generation president of the company. Paul is staying on as Vice President of Technology and Chairman of the Board. [...] In January 2022, Lauren was nominated for the Rising Leader Award at the Goering Center for her work with outside boards, one of the 10 Best Practices of Successful Family and Private Businesses.
  • March 16, 2022: ABC Announces Its 2022 Young Professional of the Year Luke Perry was recently named the Associated Builders and Contractors 2022 National Young Professional of the Year. Before Luke’s tremendous national recognition by the ABC, he and his father Jim Perry became poster children for the Goering Center, literally. If you have attended any of our events, you will have seen Jim’s smiling face on one of our three pop-up banners, and they both grace our Next Generation Institute (NGI)® flyer. Perry Contracting joined the Goering Center in 2016 with the ultimate goal of preparing for the transition of the business from Jim to Luke.
  • December 2021: Not Always All in the Family Family businesses, including treasured local brands, often benefit from outside advice, non-family directors, and the younger generation trying other careers before returning to lead. In Realm: The Journal for Queen City CEOs, David Holthaus interviews Carol Butler, Goering Center President, and features stories of Cincinnati family businesses. (Story begins on Page 36)
  • November 24, 2021: Greater Cincinnati doctor passes down 35-year-old practice to son A Greater Cincinnati doctor who has been practicing in the region for more than 40 years is handing down the reins to his private practice, and his successor is a familiar face. In this Cincinnati Business Courier piece, learn how the Goering Center helped educate the Hill family on the succession process.
  • November 19, 2021: Newport executive search firm names new President Centennial Talent Strategy & Executive Search announced the promotion of Marcus Gardner from Chief Growth Officer to President. In 2008, the Sipple family started their business succession journey with the Goering Center's Next Generation Institute (NGI)®. Hear how NGI helped Mike Jr. and Mike Sr. to evaluate their future and determine what was best for their business and families.
  • November 12, 2021: FAST TRACK: Tire Discounters wants to become a national tire retailer. But to do so, it’ll need to burn a little rubber. In this Cincinnati Business Courier feature, learn why Carol Butler believes family-owned Tire Discounters is well-positioned for growth.
  • August 6, 2021: Cincinnati Business Courier Business Succession Forum Carol Butler, Goering Center President, joined a panel of four experts from different fields to discuss the challenges of and best practices for a successful business transition.

Quarterly Message from the President

Don’t let challenges keep you from celebrating all that’s good

Looking back through my commentaries over the past two years, a word that comes up repeatedly is “challenges”. And while as a community, country, and world we are still facing significant challenges that we can’t ignore – including supply chain issues, a labor shortage, and inflation – we need to take time to celebrate what’s good.

Read More >>

2020 Economic Impact

Our first Core Member Economic Impact Study has been published. Goering Center members and Corporate Partners were surveyed in October 2020 and the results published in April 2021.

Learn more >>

2021 Family & Private Business Awards

Commitment to Connection
Goering Center Family & Private Business Awards honorees share their experiences and challenges in 2020-2021 pandemic-environment:

  • How they maintained connections in a time of social distancing and remote work
  • What the Goering Center means and has meant to them
Visit Honorees Page

In Memoriam

On February 7, 2021, the Goering Center lost its founder and friend John Goering. Those who knew him miss him terribly, and those who never met him wish they had. We are proud and bolstered to continue his legacy as tributes and fond memories pour in, and we would like to share his joy, his wisdom and his profound kidness with you as well. 

From UC News

In mergers and acquisitions, strategy and culture come first

June 3, 2022

The mergers and acquisitions (M&A) environment experienced meaningful changes following the outset of the COVID-19 pandemic. Initially slowed by pandemic-driven uncertainty, deal-making had a watershed year in 2021, reaching a record-high deal value level of nearly $6 trillion globally. Buyers, looking to deploy growing levels of capital, found sellers who became more willing as valuations increased. For many, the decision to buy or sell became a simple one that could be easily answered with valuation metrics and financial analysis.

The three key areas of wellbeing

June 3, 2022

I remember the first time a client shared with me that they received the news of a cancer diagnosis. I was about to dive into our typical review meeting agenda when I was blindsided by this bombshell. Reviewing the “numbers” was in my comfort zone, so when the cancer news was disclosed, it certainly rattled me. Suddenly, all the analysis, planning, and portfolio information didn’t mean a thing at that moment. We talked about their treatment plan, their optimism in fighting back, and how their loved ones have already been stepping up to support them. Eventually, we reviewed their financial situation, and how the diagnosis has affected our planning. As we concluded the meeting, the client shared with me how they felt a little more at peace.

Pursuing M&A in the Right Way

April 8, 2022

Many business owners who were thinking about a merger or acquisition have not been deterred by the unprecedented and swift changes we have seen in this economy. In fact, 2021 was a very active year for M&A, and momentum has carried into 2022. Capital that may have been on the sideline at the beginning of the pandemic ultimately came back in force. And without exception, sellers haven’t been getting any younger, which is another motivating factor. Historically low interest rates – despite the recent increase and additional rumored bumps – coupled with an emergence from COVID-19 are also influencing strong M&A activity.

Evolving Small Business Themes in 2022

March 4, 2022

The last few years have been filled with many challenges and uncertainties for family-owned small businesses. Just about every area of business management has been affected by the pandemic, forcing owners and their families to learn new ways of staying relevant in a dynamic environment. As the world continues to adapt to the new normal and companies digest where to focus more of their time, there are a few themes that appear to be growing in importance for small business in 2022.

The Year in Data

February 7, 2022

The COVID-19 pandemic has caused unprecedented health and economic consequences and exacerbated existing inequalities—straining families’ economic mobility and restricting the U.S. economy. More than ever, decisionmakers need data-driven economic analysis with an inclusive lens. Over the last year, the JPMorgan Chase Institute continued to deliver groundbreaking research and expert findings on the financial health of US households and businesses aimed at helping policymakers, industry, and non-profit leaders make more informed decisions.
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