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In order for family firms to achieve continued growth and continuity, they must pass on the entrepreneurial mindsets and capabilities that enable them to create new streams of wealth across many generations—not just pass a business from one generation to the next. The entrepreneurial mindset and culture, or Entrepreneurial Leadership, is conducive to seeking opportunity, advancing innovation, developing leadership and giving service. Entrepreneurship involves more than an individual. It involves whole teams engaged in a process of willingly working together, to create, implement, drive and follow through on innovative ideas that deliver measurable value. Our speakers, Dr. Van Clouse of the award-winning Forcht Center for Entrepreneurship, and Carl Chapman, CEO/Chairman of Vectren Energy, will explore how successful firms ignite entrepreneurial thought and action, as well as important questions related to continuous innovation and opportunity identification within the context of established businesses.
Carl Chapman, CEO/Chairman of the Board/Director, Vectren Corp: Carl L. Chapman was named president and chief executive officer of Vectren Corporation, an Indiana-based Fortune 1000 energy-holding company, in June 2010 and assumed the chairman of the board title in May 2011. Prior to his current position, the Carmel, Ind., native served as president and chief operating officer. He has served in various other leadership roles at the company including executive vice president and president of Vectren Enterprises, Vectren’s holding company for its non-utility subsidiaries and affiliates; including two Louisville-based companies that were sold, EnTrade Corporation and Genscape. Chapman resides in Newburgh, Ind., with his wife of more than 30 years, Kay. They have two sons, Ross (married to Candace), a graduate of Trinity International University in Chicago, and Grant, a graduate of Indiana University School of Law in Indianapolis.
Van Clouse, Ph.D., Director, Forcht Center for Entrepreneurship, University of Louisville, College of Business: Van G.H. Clouse, Ph.D., is an associate professor of management. He co-founded the integrative master of business administration program in 1993 and has been actively involved in developing and building the entrepreneurship emphasis in the College of Business. Clouse teaches opportunity discovery, new venture creation, business plan development, corporate and global strategy, bringing to the classroom more than seven years of personal experience as the manager of a multi-unit food-service company in South Carolina and Georgia and another six years as owner and president of a resort management firm. Clouse co-founded and serves as a faculty coach for the college's business plan competition program that trains MBA teams to enter national contests. He also started the College of Business New Venture Competition, which awards prize money to the top three MBA new-business plan teams.
Daniel L. Koester: Mr. Koester founded North American Green in 1985. Within ten years of its beginning, North American Green became the leading national manufacturer of soil erosion control blankets. Through innovative thinking and management, North American Green is credited with the development and growth of the soil erosion control industry. Mr. Koester’s responsibilities in the management of the company included development of short-and long-term objectives, budgets and operating plans. Mr. Koester operated his company with the philosophy of fairness to his employees, vendors and distributors. After nearly 20 years of successful operation, The Tensar Corporation acquired North American Green in September of 2004. Mr. Koester resides in St. Wendel, Indiana with his wife Connie. Their combined family consists of a daughter Neeley, 23 and two sons Bryce 26 and Braxton 23. Among Mr. Koester’s leisure activities are private aircraft flying, traveling and his newest adventure, Farming.
Articles on entrepreneurship:
5 Things Failure Teaches You about Leadership
Move Over Entrepreneurs, Here Come The Intrapreneurs
Great Intrapreneurs in Business History
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