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Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of...
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Prosperous families around the world face unexpected challenges as they encounter the modern global environment. It is natural for the wealth-creating generation to cherish the cultural roots that led to their success, advocating for the family's heritage. But, as subsequent generations are educated and trained in faraway lands and diverse cultures, new influences enter the family. The resulting conflicts can bring significant stress to the family and risk to the family enterprise, especially at times of generational transition. Cross Cultures: How Global Families Negotiate Change Across Generations outlines the latest insights from two internationally-renowned family business consultants, D...
Successful ownership transition requires effective decision making at the top Engaged Ownership is the definitive owner's guide to the family enterprise. Whether you're taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. The first guide of its kind written from the owner's perspective, this book is designed to help owners who are truly committed to growing all forms of capital be successful in their role. You'll learn the time-tested process that helps you 'unstick' decision-making, become engaged and effective, and manage the transfer from owner control to shar...
This book offers practical guidance for families moving across generations by sharing practices, skills and activities that can help them along this path. The 50 lessons within can each be read independently, as the family seeks help in dealing with a particular aspect of succession, family conflict, selling a family business, selecting and developing next generation leadership or helping their children manage the benefits of their family wealth by becoming stewards of the family resources. We looks the the potential "wealth" in the family as more than just financial, including spiritual, human, family and societal capital to sustain the family and leave a legacy in the family and for the community.
Upon reaching the third generation, enterprising families face a set of new challenges. Internal and external forces threaten the family's ability to continue as partners. But the potential for what they can do if they decide to continue is incredible. A family reaching this milestone faces a choice point-should we continue together as a financial or business entity, or just distribute what we have and let each household move forward in their own way? A few courageous families make a conscious decision to continue united. By sharing the experience of families who have successfully crashed through this barrier, we offer a roadmap of the hard work and expansive outcomes that result.
Few things are more difficult than making changes in the way one functions as a person. This book offers strategies and the foundation to take successful steps.
This book helps readers deal positively with lifea s pressures. Ideas and pointers show how to establish a system of support and self management.
Across the globe, women have passed a tipping point where staid stereotypes and traditional roles are fading fast.Yet, in the exclusive enclave of ultra-high-net-worth families, women too often remain hindered by longstanding conventions and complex intergenerational dynamics. By sharing personal stories of their circuitous, complex, challenging path, Finding Her Voice & Creating a Legacy amplifies their successes and offers valuable lessons for family stewards and the advisors serving the world's wealthiest families.
This breakthrough book is the only resource designed specifically to help family members who are in business together learn to manage both work and family relationships effectively.