Oct 9, 2015

TPEN Meet Lance Woodbury


lance woodbury

Contact Lance:

Phone: 620.704.4275
Email:lance@lancewoodbury.com Address:
203 Grandview Circle
Garden City, KS 67846

Prior to forming his own firm in 2009, Lance served in a number of consulting and leadership roles at the accounting firm of Kennedy and Coe. Lance began his career as the Economic Development Director in Wichita County and still maintains an interest in his family’s ranch in western Kansas.

Lance works with family owned and closely held agriculture companies in their succession, governance and strategic planning endeavors. He facilitates several peer groups and serves as the lead facilitator for Farm Journal's Top Producer Executive Network™. Lance has written two books, The Enduring Legacy: Essential Family Business Values and Family Business: Genesis 37-50 and the Family of Joseph. Lance is also a family business columnist for DTN and The Progressive Farmer.

Lance earned his MBA from Purdue University, his MS in Conflict Analysis and Resolution from George Mason University, and a BA in History and Government from Sterling College. He is a graduate of the Kansas Agriculture and Rural Leadership program, holds a Certificate in Family Business Advising and is a Fellow of the Family Firm Institute.

Lance, his wife, Dana, and their three children live in Garden City, Kan.

TPEN Reflection: Solutions

As your business grows, you begin to hit a "ceiling of complexity" where the way you’ve done it before needs to change if you are to continue your forward progress. Tillage practices, planting or harvest strategies, equipment changes, accounting, banking, risk management, human resources and family relationships are just a few areas in which you’ll experience growing pains. The peer group experience shows you that others have solved some of the problems you face, and that you have in fact solved other producers’ problems.

Take Action

Identify the three biggest challenges you face, write them down, discuss them in your business and come prepared to share them at your next peer group meeting.

On behalf of the TPEN facilitation team,

Lance Woodbury