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Thriving Through Generations: Peter Dello on Leading Thermo-Kinetics in Industrial Innovation and Family Legacy
Manage episode 427863223 series 3305172
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Ever wondered how a family business can thrive for over five decades in the competitive world of industrial instrumentation and process control? Join us as we sit down with Peter Dello, Vice President of Thermo-Kinetics Company Limited, to uncover the incredible journey of his family enterprise. Learn about the bold decisions, remarkable resilience, and unique educational backgrounds that have shaped Thermo-Kinetics' leadership across generations. From the oil and gas sector to aerospace, Peter shares how the company has evolved and adapted to serve diverse industries while staying true to its core values.
Succession planning in a family-owned business is no small feat, and Peter takes us behind the scenes of transitioning Thermo-Kinetics from the second to the third generation. We discuss the strategic considerations for future growth, the impact of evolving tax laws, and the vital role of third-party advisors. Peter opens up about the delicate balance between family dynamics and business needs, emphasizing the importance of preserving customer service excellence and company values. Discover the emotional and financial implications of ensuring a seamless transition and maintaining a thriving family legacy.
But it’s not all business—Peter also shares the personal milestones and work-life balance that enrich his life. From taking his grandkids to hockey practice to planning a 35th wedding anniversary trip to Tuscany, Peter’s anecdotes highlight the joy of family activities and personal growth. Reflecting on the broader themes of business integrity and the importance of creating a culture of accountability, Peter underscores the profound impact of treating a business like family. Celebrate with us as we honor the enduring legacy of Thermo-Kinetics and the vibrant community that supports and learns from one another.
https://www.linkedin.com/in/peter-dello-a4450914/
http://www.thermo-kinetics.com
Capítulos
1. Thriving Through Generations: Peter Dello on Leading Thermo-Kinetics in Industrial Innovation and Family Legacy (00:00:00)
2. Leadership Legacy in Industrial Instrumentation (00:00:10)
3. Succession Planning in Family Business (00:09:21)
4. Lifestyle, Travel, Legacy, and Work (00:20:49)
5. Business Integrity and Family Legacies (00:28:18)
6. Family Business Success and Legacy (00:40:22)
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