Dennis Jaffe

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Description

After a family has created wealth in a successful family business, they naturally want to see the wealth create success and fulfillment in the next generation, and the continuation of some form of shared family enterprise. But family relationships do not easily make for good business or financial partnerships, and the family must work hard to succeed over generations. Building a next generation of committed, capable and responsible family members is a new sort of challenge for the family. The 45 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 look at 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.

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