Episode 7: Reinventing Tradition: How Hussey Seating Thrives Across Eight Generations
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Rich Hussey is the sixth-generation leader of Hussey Seating – a Maine company that’s been thriving since 1835 and spans eight generations. Rich gives us an inside look at the evolution of his family’s company, from its origins making plows and fire escapes to becoming a leader in spectator seating for venues ranging from school gymnasiums to NFL stadiums. He shares the story of Hussey Seating’s commitment to innovation, the challenges and triumphs of navigating generational transitions, and the pivotal steps they’ve taken.
Tune in to this episode as we explore:
(05:16) Family business evolution and growth
(06:44) Structured governance through objectivity
(11:11) Family business education and legacy
(16:38) Successful leadership transition insights
(18:33) Family governance and leadership transition
(20:38) Board and leadership role separation
(26:37) Preparing next generation leaders
(31:01) Family business governance insights
(36:44) Employees' word usage pool
(40:42) Gartner's impact on HR research
Links mentioned in this episode:
Hussey Seating
Rich Hussey on LinkedIn
Gartner Research
Connect with the show:
www.fambusiness.org
www.volkboxes.com