Family Business and Responsible Wealth Ownership: Preparing the Next Generation

How can the rising next generation make sense of and adapt to this complex world? Family Business and Responsible Wealth Ownership: Preparing the Next Generation aims to develop a shared mindset and better understanding across and between the generations, focusing in particular on matters from the perspective of the next generation. It covers key issues pertaining to the important and often complex transitions that all families face, as well as themes which are highly relevant for wealth and business owning families at a time where there is an increasing focus on responsible capitalism. 

In this report, an international group of experts with decades of practical experience working with wealth-owning families around the world bring together the perspectives of the lived experience of business owning families and the advisory world to examine, among other key topics:  

• Finding and deploying your purpose;  
• Effective mentorship for the next generation;  
• Resolving intergenerational conflicts; 
• Navigating social media; and  
• Creating the next generation of entrepreneurs.  

This title is essential reading for all generations involved in family businesses and wealth ownership. The rising next generations are the future of these families and should be better understood and supported so that family human capital is not wasted or overlooked. It is also an invaluable guide for those who advise families from a professional services or wealth management perspective.