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DONALD J. JONOVIC, Ph.D., an advisor to business owners since 1973, focuses on the unique issues related to management development, growth and ownership transition in the successful owner-managed business. His professional consulting practice has included industrial and agricultural clients throughout North America, ranging in size from $5 million to $2 billion, with an emphasis on companies transitioning to management teams, including those with a significant proportion of non-family key managers.

AREAS OF SPECIALIZATION:

Dr. Jonovic's expertise covers a range of areas, including:

• Development and management of shareholder communication processes
  
  
• Establishment of owner/partner policies, including risk and return standards
  
  
• Creation of comprehensive shareholder and partner agreements
  
  
• Transition of management to successors related or unrelated to current owners
  
  
• Development of key management teams
  
  
• Design and implementation of shareholder value-directed compensation systems
  
  
• Formation and management of boards and advisory teams
  
  
• Leadership of business planning and strategic positioning projects
  

BOARD SERVICE. He serves on numerous advisory and formal boards in closely held businesses. In his board service, Dr. Jonovic chairs a number of compensation committees, and has been instrumental in the creation and implementation of incentive and growth-participation compensation plans for key managers. He also serves on strategic planning committees, frequently acting as facilitator of management, strategic planning, and positioning sessions.

CONSULTING/TRAINING ACTIVITIES. He has worked with manufacturers, banks, professional firms, farm bureaus and insurance companies, designing and delivering client and advisor training programs to help those organizations assure business growth and continuity for their customers, clients and members.

PUBLICATIONS/BOOKS. Founder of Cleveland's Family Business Management Services, Inc., and President of its publishing division, Jamieson Press, Dr. Jonovic is a frequent contributor to the business press. He has written eight books about business ownership, family business transition, and the management of change in the closely held company. His books include:

• Ag-planner/IV^tm: An Agreement Builder for Family Agribusinesses.
   
• The Ultimate Legacy: How Family and Closely Held Businesses Can Achieve Their Real Purpose.
   
• Passing Down the Farm: The OTHER Farm Crisis
   
• Planmaker^tm: A Growth and Succession Planning Workbook for Family Companies
   
• Someday It'll All Be ...Who's? The Lighter Side of the Family Business
   
• Someday It'll All Be Yours ... Or Will It? How to Survive-and Enjoy-Succession in a Family Business (Out of Print)

• The Second-Generation Boss: A Successor's Guide to Becoming the NEXT Owner-Manager of a Family Business (Out of Print)

• Outside Directors in the Family-Owned Business: Why, When, Who, and How (Out of Print)

Dr. Jonovic's management column in Successful Farming Magazine reaches more than 1 million readers every month, and has been one of the most popular features in that magazine since the column's inception in 1984.

EDUCATION/ACADEMIC AFFILIATIONS. He holds a B.S. in Mathematics from Marquette University, and received his M.A. and Ph.D. in Communication at the University of Wisconsin-Madison. He is former Director of the Ashland Institute of Private Enterprise at Ashland University, Ashland, Ohio, and has served as adjunct assistant professor with the Communication Science Department of Case Western Reserve University. Dr. Jonovic has been a visiting lecturer at universities throughout the U.S. and Canada.

Dr. Jonovic and his wife, Pamela, live in Shaker Heights, Ohio.

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