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Family Business and Responsible Wealth Ownership - Preparing the Next Generation (Paperback)
Loot Price: R1,087
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Family Business and Responsible Wealth Ownership - Preparing the Next Generation (Paperback)
Expected to ship within 12 - 17 working days
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Family businesses and wealth owners today face a wide range of
challenges, including increasing government interventionism,
business disruption, technology-driven change, international
conflicts and the climate crisis. Added to this is the move to
greater transparency of the midshore and onshore world and the
implementation of the Common Reporting Standard, the increased
scrutiny of wealth owners by governments and the media, and the
pandemic underscoring the need to apply more sustainable business
practices, all of which complicates the processes of creating,
retaining and transitioning wealth. 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.
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