Releasing the Potential of the Rising Generation: How Long-Lasting Family Enterprises Prepare Their Successors - Softcover

Jaffe Ph.D, Dr. Dennis T.

9781523412464: Releasing the Potential of the Rising Generation: How Long-Lasting Family Enterprises Prepare Their Successors

Softcover

ISBN 10: 1523412461 ISBN 13: 9781523412464

Publisher: CreateSpace Independent Publishing Platform, 2016

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The secret to building great family enterprises is the ability to foster rising generations who are well prepared and eager to meet the enterprises yet-to-come challenges. Based on interviews with more than 70 enterprising families, Releasing the Potential of the Rising Generations shares unique experience based insights into successful transitions of family enterprises over at least three generations. These “100 Year Families,” over the centuries, have created and sustained enterprises that generate over US$200 MM in annual revenues. This publication’s insights cover such topics as developing character in the rising generation, creating a family learning community, and identifying the "calls" that appeal to specific members of the rising generation. Beyond making the enterprise transition to the next generation, it also shares best practices in designing exit policies from the shared enterprise, successful parenting techniques amid wealth, developing identity in the midst of a family enterprise, and creating family learning curricula. With the added benefit of direct quotations from these “100 Year Families”, Releasing the Potential of the Rising Generation will prove of great value to all generations of family members, and their advisors.

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About the Author

Dennis is a licensed psychologist and associate of Wise Counsel Research, a think-tank devoted to wealth and philanthropy. He is also an advisor to families about family business, governance, wealth and philanthropy. Dennis is author of Stewardship in your Family Enterprise: Developing Responsible Family Leadership Across Generations, Working With the Ones You Love: Building a Successful Family Business, Working With Family Businesses: A Guide for Professional Advisors, as well as management books Rekindling Commitment, Getting Your Organization to Change and Take this Work and Love It, and more than a hundred management and psychology articles. In 2005 Dennis was awarded the Beckhard Award for service to the field from the Family Firm Institute. He received his BA degree in Philosophy, MA in Management, and Ph.D. in sociology all from Yale University.

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