Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask

The next generation is our future, and Enabling Next Generation Legacies is a powerful guide for Next Generation members and their families to ask better questions, make better decisions, live better lives, and build stronger legacies. It covers family dynamics, ownership responsibilities and rights, business preparation, and wealth dealing.

Format: Hardback
Length: 360 pages
Publication date: 08 February 2022
Publisher: Family Enterprise Knowledge Hub Publishing

The next generation is our future, and we must empower them to make the best decisions for their families and businesses. In this book, leading academics, practitioners, and enterprising families come together to share best practices, real-life examples, and critical questions for reflection. Part 1: Family Defining family Managing family dynamics Dealing with conflicts Family communication Preparing generational transitions Keeping the family united Part 2: Ownership Responsibilities and rights Preparation of future owners Dealing with non-active owners Ownership transfers Board expectations and roles Owner networks Part 3: Business Preparing business entry Working with nonfamily executives Hiring family members Promoting family members Letting go of family members Engaging family business consultants Part 4: Wealth Pursuing a vocation outside of the family enterprise Leaving the family enterprise Selling the family business Starting a family office Pursuing philanthropy and impact investing Enabling Next Generation Legacies is a powerful guide for Next Generation members and their families to ask better questions, make better decisions, live better lives, and build stronger legacies. Read a preview and learn more on our website: www.35questions.com

Weight: 692g
Dimension: 230 x 155 (mm)
ISBN-13: 9781777806309