Topic to focus on Generation2Generation
Coming off the success of their Las Vegas Market Chatter Over Cocktails, the Next Generation-NOW group has announced it is hosting its first online NGN Huddle on August 22 at 11 a.m. PDT. NGN Huddles are the perfect place for members to learn and grow, straight from their computer.
The first NGN Huddle, Generation2Generation will offer advice from two successful retail stores on how they are handling the generational transition. The skills and knowledge passed from generation to generation can help businesses grow, succeed and thrive—but the transition between generations isn’t always a simple one. Family-business owners from Gates Home Furnishings, Grants Pass, Ore., and Coconis Furniture, South Zanesville, Ohio will be on hand to answer questions provided by the Next Generation-NOW membership. Both stores currently have two generations working side-by-side.
“There is always so much you can learn from talking to others, and this first NGN Huddle will focus on an issue that many of us are dealing with in the industry. Succession of a business isn’t easy. I am excited to share our businesses’ success when it comes to transitioning from generation to generation. My dad transitioned into the business in 1977, and has built a successful business for me to continue,” said Nick Gates. “I know that Coconis Furniture has also had great success at surviving multiple successions over the last 85 years. I have already learned so much from the Coconis family, and I know attendees will too.”
Utilizing the next generation’s tech-savviness, the NGN Huddle will be conducted through Google Hangouts and social media. To attend, members simply create a profile on the Next Generation-NOW social site at social.ngnow.org, log-in and then they can start watching the panel discussion live. To ask questions, members simply post to the Social page’s wall, or Tweet @ngnow on Twitter.
Through community, education and outreach, Next Generation-NOW is an incubator for those new to the industry; informing and encouraging while learning from those who have years of experience to share. It is a hosted community of the National and Western Home Furnishings Association. To sign-up for Next Generation-NOW Social page, visit social.ngnow.org. For more information, visit www.ngnow.org.