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Family Business Program
 
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
GENERAL INFORMATION
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HISTORY 
About the Program:
Established in 1994 as an outreach program through Montana State University College of Business, The Family Business Program offers education and information to the backbone of many Montana businesses, those that are owned and managed by families of Montana. The annual seminar and awards luncheon, usually held in September, has reached out to hundreds of businesses and provided education and fact based information to thousands of participants.
The Family Business Program is the only program like this statewide and provides recognition to pioneering and successful family businesses through the Montana Family Business of the Year Awards Program. This program allows small businesses to share ideas and concerns common to most small businesses.
The program is coordinated by Nancy Dodd, Ph.D., Associate Professor
of Business. Karen Beach, program assistant, can be reached at:
Phone: (406) 994-6796
Fax: (406) 994-6206
E-mail: familybusiness@montana.edu
OUR SPONSORS
In March 2005, State Farm Insurance Companies recognized Bozeman resident Robert Jaedicke for his many years of service on their Board of Directors with a gift to MSU College of Business. The funds were placed in an endowment for the Family Business Program, providing a way to enhance the annual program and develop new outreach programs and seminars.
In addition to the endowment, State Farm has provided annual funding to enhance the current program and allow growth and development of additional programs. Agents from across the state have pledged their support for the program's endowment.
Stockman Bank has joined our team proudly underwriting the awards and providing additional support for the outreach programs. As a past winner of the prestigious award, the Coffee family and Stockman Bank realize the importance of providing information and network opportunities to family owned businesses.
ADDITIONAL SUPPORT
For many years, Combs Law Firm has supported Family Business Day and in 2006, Montana Chamber of Commerce joined our team of supporters.
FAMILY BUSINESS DAY AWARDS 2009
16th Annual Montana State University College of Business/State Farm Insurance
Family Business Day Awards Luncheon
September 25, 2009
Holiday Inn ~ 5 Baxter Lane Bozeman
11:30am – 1:30pm Keynote Speaker Presentation, Luncheon and Awards Ceremony
Printable Event Brochure
Printable Event Program
KEYNOTE SPEAKER PRESENTATION
“The Wheat Montana Family Story”
Difficult economic times force business owners to take an honest look at their business activities. A good owner/manager
must understand cash generation, margin, velocity, return on assets, growth and his or her customers’ needs. Whether a
business person owns a lemonade stand or a manufacturing facility, the basics are the same. It has never been more important
to thoroughly examine the “nucleus” of your business than right now. Reading discouraging economic news about situations you can’t control won’t improve your bottom line. Taking time to attend this keynote luncheon and hearing about how Wheat Montana Farms and Bakery was able to juggle family and business, in a tough industry, coming out on top, may just give you some insight into your own business practices. Dean Folkvord will tell his story about how a three generation family business has been able to thrive in Three Forks, Montana. He will touch on the successes and the challenges that were faced, the importance of creating a vision and mission for your business and the overall skills and attributes he believes are essential to
reach set business goals.
About the 2009 Guest Speaker
 Dean Folkvord is the CEO of Wheat Montana Farms and Bakery, a family wheat farming operation that has become vertically integrated. Operations cover over 15,000 acres of tillable land in Broadwater County, near Three Forks. Wheat Montana received a Family Business award in 1994. Dean was named the Montana Entrepreneur of the Year by Entrepreneur Magazine in 1996 and the 1997 Montana Small Business Person of the Year. Dean is very involved in the community through his active participation on many boards. He is currently on the Blue Cross/Blue Shield of Montana and Combined Benefits Management, Inc. boards. He has also served on the Montana Grain Growers Association, Governor’s Council on Food and Nutrition and MSU Center for Economic Research and Technology Transfer boards.
FAMILY BUSINESS DAY 'ON THE ROAD'
As part of this year's program Montana State University College of Business (CoB) management instructor Craig Ehlert discussed “Building Excellence into Your Business” at the Best Western Helena Great Northern Hotel in Helena on January 14, 2010. The seminar was held in conjunction with the Montana Chamber of Commerce Business Days at the Capitol. Ehlert’s program focused on how businesses can use the Malcolm Baldridge National Quality Award Criteria to drive high levels of business performance. The model, based on a set of universal management principles and values, allows business owners to analyze operations and develop plans for a sustainable organization.
Established in 1994 as an outreach program through MSU’s CoB, the Family Business Program offers education and information to family owned and managed Montana businesses. With additional support from Stockman Bank, the CoB proudly introduced the Family Business Program On the Road in 2006 in conjunction with the Business Days at the Capitol. The CoB continues to develop this program by offering guest lectures and seminars on issues important to family-owned businesses in communities across the state. The Family Business Program is the only statewide event that allows businesses to share ideas and concerns common to most family-owned businesses, but which apply to all businesses. The program also provides recognition to pioneering and successful family businesses through the Montana Family Business of the Year Awards.
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
NATIONAL WINNERS
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| FBD Winners | resources |
past programs | forms |
NATIONAL WINNERS
Prior to 2003, annual winners of the Family Business of the Year awards continued on to compete in a national contest. Until this discontinued, 8 Montana businesses won national awards. These businesses included:
2002
Ronan Telephone Company, Ronan
Wendy's of Montana, Billings
2001
Dahl Funeral and Cremation Service, Bozeman
Simkins-Hallin Lumber, Bozeman
1996
Lake Seed, Inc., Ronan
Western Livestock Reporter, Billings
1995
Markle's Inc., Glasgow
1994
Bradford Roofing and Insulation Co., Billings
 |
 |
| Bradford
Roofing and Insulation Co., Billings |
Dahl Funeral
& Cremation Service, Bozeman |
 |
 |
| Lake
Seed, Inc., Ronan |
Markle's
Inc., Glasgow |
 |
 |
| Simkins-Hallin
Lumber, Bozeman |
Western
Livestock Reporter, Billings |
 |
 |
| Wendy's of Montana |
Ronan Telephone Co., Ronan |
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
FAMILY BUSINESS DAY WINNERS
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2009 (click on family business name to see their picture)
2008 (click on family business name to see their picture)
2008 Press Release
2007 (click on family business name to see their picture)
2007 Press Release
2006 (click on family business name to see their picture)
2006 Press Release
2005 (click on family business name to see their picture)
2005 Press Release
2004
- Stockman Bank, Miles City
- TowHaul Corp. dba Smith Equipment USA, Belgrade
- Central Plumbing & Heating, Inc., Great Falls
- Dale Plumbing & Heating, Inc., Glasgow
- Northern Home Essentials, Havre
- Bouma Post Yards, Choteau
2003
- West of the Madison Clothing Co., Ennis
- Hi-Line Ford, Inc., Glasgow
- M.S. Molitor Trucking, Inc., Boulder
- Hanser's Automotive and Wrecker Co., Billings
- Nine Quarter Circle Ranch, Inc., Gallatin Gateway
- Montana Community Banks, Ronan
2002
- Highland Liquors, Bozeman
- Johnson Hardware & Furniture, Sidney
- Peter Yegen, Jr., Inc.
- Ronan Telephone Co., Ronan*
- Rudolph's Furniture, Butte
- Thompson Pools, Billings
- Wendy's of Montana, Inc., Billings
2001
- Bob's Pickup & Delivery, Inc., Sidney
- Browns Auto Service, Inc., Billings
- Dahl Funeral & Cremation Service, Bozeman*
- Eugene's Pizza, Glasgow
- Frasers Oil, Inc., Inverness
- Simkins-Hallin Lumber, Bozeman*
- Vans, Inc., Bozeman
2000
- J-R.I.G. Ace Hardware, Great Falls
- Anderson Steel Supply, Great Falls
- Bison Motors, Great Falls
- Cashman Nursery, Bozeman
- Huls Dairy, Corvallis
- O'Haire Motor Inn and Restaurant, Great Falls
- OP/TECH USA, Belgrade
1999
- Cogswell Agency, Great Falls
- Duggan Dolan Mortuary, Butte
- Malisani, Inc., Great Falls
- Martel Construction, Inc., Bozeman
- Powder River Rifle Mfg. Co., Big Timber
- Lloyd Torgerson, Inc., Ethridge
1998
- Artistic Impressions, Corvallis
- Bay Leaf Restaurant/Bakery, Great Falls
- Ben Taylor, Inc., Shelby
- City Motor Co., Great Falls
- Havre Laundry/Dry Cleaning, Havre
- Saltenberger Heating & Plumbing, Anaconda
- Woods Powr-Grip, Laurel
1997
- Borries Family Restaurant, Black Eagle
- Castle Crags Ranch, Hamilton
- Crismore Logging/Road Maintenance, Libby
- D.A. Davidson & Co., Great Falls
- Great Falls Paper & Supply, Great Falls
- Hardy Construction Co., Great Falls
- Wetzels Quality Cleaners, Billings
1996
- Bennett Motors, Inc., Great Falls
- Gainan's Flowers/Garden Center/Gifts, Billings
- Herald News, Inc., Wolf Point
- Kaufman's Mens Store, Great Falls
- Lake Seed, Inc., Ronan*
- Swank Enterprises, Kalispell
- Western Livestock Reporter, Billings*
1995
- American Land Title Co. of Montana, Bozeman
- Coast to Coast Store, Inc., Anaconda
- Indian Creek Ranch, Huntley
- Markle's Inc., Glasgow*
- Nemec Parts & Repair, Coffee Creek
- Pioneer Mountain Farm/Montana Knits, Dillon
1994
- Cabinet Company & City Lights, Great Falls
- Dee Motor Company, Anaconda
- MacIntyres, Anaconda
- Stevensons IGA, Hardin
- Sunshine Apiary, Columbus
- Wheat Montana Farms and Bakery, Three Forks
- Bradford Roofing and Insulation Co., Billings*
*National winner.
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
SUGGESTED RESOURCES
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Suggested Resources
Working with the Ones You Love: conflict resolution & problem solving strategies for a successful family business by Dennis Jaffe, Conari Press,
1990
Personnel Decisions in the Family Farm Business by Amy Lyman,
University of California Cooperative Extension (ANR Publications,
University of California, 6701 San Pablo Ave., Oakland, CA 94608-1239),
Special Publication #3357
Keeping the Family Business Healthy: how to plan for continuing growth, profitability, and family leadership by John Ward, Business Owner Resources, 1997
How Families Work Together by Mary F. Whiteside, Craig E. Arnoff, John L. Ward, Business
Owner Resources (P.O. Box 4356, Marietta, GA 30061-4356), 1993
Creating Effective Boards for Private Enterprises by John
Ward, Jossey-Bass, 1991
Family Business Sourcebook II edited by Craig Aronoff, Joseph H. Astrachan, John L.
Ward, Business Owner Resources, 1996
Passing the Torch: succession, retirement, and estate planning in family-owned businesses (second edition) by Mike Cohn, McGraw-Hill,
1992
Mind Your Own Business: and keep it in the family by Marcy Syms, MasterMedia Limited,
1992
Smart Growth: critical choices for business continuity and prosperity by Ernesto Poza, Jossey-Bass, 1989
Keeping the Family Business Healthy: Four Keys to Success,
Karen Vinton, College of Business Montana State University, Bozeman
Other Resources
The Successful Family Business: a proactive plan for managing the family and the business by Edward D. Hess, Praeger Publishers, 2006
Strategic Planning for the Family Business: parallel planning to unify the family and business by Randel S. Carlock, Palgrave, 2001
Reconciling Relationships and Preserving the Family Business: tools for success, by Ruth McClendon, Haworth Press, 2004
Magazines and Journals
Family Business: call 1-800-637-4464 for subscription information
Family Business Review: this is a publication of the Family
Firm Institute, www.ffi.org
Books at the MSU Library
| Family Business Sourcebook II |
HD62.25.F34 1996 |
| Personnel Decisions in the Family Farm Business |
S563.6 L95 1993 |
| Getting Along in Family Business: The Relationship Intelligence |
HD62.25.H66 1999 |
| Creating Effective Boards for Private Enterprises |
HD2745.W37 1991 |
| Keep the Family Baggage Out of the Family Business |
HD62.25.F59 2000 |
| Generation to Generation |
HD62.25.G46 1997 |
| The Daughter Also Rises: How Women Overcome Obstacles... |
HD62.25.F725 1999 |
| The Successful Family Business |
HD62.25.F49 1998 |
| Family Business Management (a text) |
HD62.25.I27 1994 |
| Cultural Change in Family Firms |
HD62.25.D94 1986 |
| The Survival Guide for Business Families |
HD62.25.L48 1999 |
| Understanding the Small Family Business |
HD62.25.U53 2002 |
| Managing For the Long Run: Lessons in Competitive Advantage |
HD62.25.M54 2005 |
| Succeeding Generations: Realizing the Dream of Families |
HD62.25.L36 1999 |
| Wise Growth Strategies in Leading Family Business |
HD62.25.S37 2005 |
| Perpetuating the Family Business: 50 Lessons Learned... |
HD62.25.W373 2004 |
Other Web Pages
Family Firm Institute: http://www.ffi.org
Family Business Consulting Group: www.efamilybusiness.com/
UMass Amherst Family Business Center: http://www.umass.edu/fambiz
Oregon State University Austin Family Business Program:
http://www.familybusinessonline.org
Business.com: http://www.business.com
Family Business Institute Educational Resource Page: http://www.familybusinessinstitute.com/resources.html
Family Business Institute Services: http://www.familybusinessinstitute.com
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
1994-2009 PROGRAMS
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Past Programs:
2009
Keynote Speaker: Dean Folkvord, CEO of Wheat Montana Farms & Bakery
Topic: The Wheat Montana Story
Family Business Day on the Road:
Keynote Speaker: Craig Ehlert, Adjunct Instructor of Management
Topic: Building Excellence into Your Business
2008
Keynote Speaker: Phil Rogers, Adjunct Instructor of Marketing
Topic: Thrive in Tough Times: How Your Focus is Your Future
Family Business Day on the Road:
Keynote Speaker: Gary Bishop, Adjunct Instructor of Management
Topic: The Business of Customer Service
2007
Keynote Speaker: Gary Bishop, Adjunct Instructor of Management
Topic: Customer Service & Your Family Business
Family Business Day on the Road:
Keynote Speaker: Dr. Michael Kroff, Professor of Marketing
Topic: Finding & Reaching Your Target Market
2006
Family Business Day:
Keynote Speaker: Dr. Omar Shehryar, Assistant Professor of Marketing
Topic: Market Research for Your Family Business.
2005
Keynote Speaker: Dr. Richard Semenik, Dean of the College of Business.
Topic: Using Branding Strategies in Your Family Business.
2004
Keynote Speaker: Dr. Deidre Combs, National Speaker and Author.
Topic: Transforming Conflict into Creativity in the Family Business.
2003
Keynote Speaker: Doug Osborne, CLU,ChFC, CPA, PFS. MassMutual
Financial Group
Topic: Avoiding the BIG Mistakes Family Businesses Make.
2002
Keynote Speaker: Richard Semenik, Dean, College of Business,
Montana State University, Bozeman.
Topic: Branding Your Family Business.
2001
Keynote Speaker: Dan Moshavi, Assistant Professor of
Management, College of Business, Montana State University, Bozeman.
Topic: Managing for Peak Performance: A Human Resources
Perspective.
2000
Keynote Speaker: Bill Brown, Professor of Management, College of Business, Montana State University, Bozeman.
Topic: Navigating the Whitewater of Family Business.
1999
Keynote Speaker: Former Lt. Governor and Governor of Montana, Judy Martz, small business owner and entrepreneur.
1998
Keynote Speakers: Bonnie Brown, President of Transition Dynamics,
Inc.; Mark DeGroot, Certified Business Appraiser with Certified Business
Intermediary; and Elizabeth Harris, co-owner of financial services
firm of Harris and Weiel Associates.
Topic: Celebrating the Past and Preparing for the Future
1997
Keynote Speakers: Stan Mandel, Director of Family Business Initiative,
University of South Dakota; C. Bruce Combs, J.D., C.P.A., principal
with law firm of Kasting, Combs & Kauffman, PLLC; and Christopher
Manos, author, experienced mediator and partner in legal practice
of Biglen and Manos.
Topic: Creating Effective and Healthy Family Businesses
1996
Keynote Speakers: Edwin Hoover, Ph.D. and Colette Hoover, M. S.
Topic: The Principles & Practices of Family Business Leadership
1995
Keynote Speaker: Mike Cohn
Topic: Transitions and Turning Points in the Family Business
1994
Keynote Speaker: Patricia Frischkoff of Oregon State University
Topic: Senior and Junior Family Business Members
MONTANA STATE UNIVERSITY STATE FARM INSURANCE FAMILY BUSINESS PROGRAM
CALL FOR NOMINATIONS
Nomination Form in PDF
Fill-in Nomination Web Form
It is once again time to solicit nominations for the 2010 MSU College of Business State Farm Insurance Family Business Awards. If you have provided us with nominations in the past, we hope it was a pleasant experience for you. Most businesses are honored to be nominated by their peers because it is a sign of admiration and respect. This is an opportunity for individuals, businesses, committees, and other groups to give recognition to those family owned businesses with which they have had positive experiences. Awards will be given at the 2008 Family Business Day event on September 26 at the Holiday Inn in Bozeman.
Last year we had over 50 nominations and conferred seven awards in a variety of categories. This year we are hoping for even more nominations and completed applications. You have until May 17, 2010 to get your nomination to us, so please consider nominating one or more family businesses you would like to see honored at the state and possibly national level. These businesses contribute so much to the economy of our state as well as making significant time and financial contributions to their communities that we should recognize them.
The only real disappointment in this whole process is the number of really great businesses who are nominated and never submit completed applications. If you do nominate a business, we would appreciate any help you could provide in getting “your” business to submit an application before July 5, 2010. Many business owners wait until the last minute to start working on the application and then find it overwhelming to do in a short period of time. Maybe a little nudge from you would get them to start and complete the application.
Thank you very much for your participation in the Family Business Program at Montana State University.
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