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Most family enterprises do not outlive the first generation. But a few survive for several generations, with a thriving business and a unified family. What causes them to beat the odds? We interviewed family leaders from 38 families that have successfully made it through at least two generational transitions. We call them Generative Families, because they have not dissipated the family wealth, but rather used the wealth as a creative force to allow them to grow, develop, innovate and share the benefits of their wealth widely across several generations. this study presents their stories—in their own words—about how they approached each transition. Through 18 case studies we illustrate how each family organized its family and business or financial affairs, thus parting the curtain on very public and highly private families. While we have protected our respondents’ confidentiality, their stories shed light on their internal values, organization and activities, and how they overcame often-significant crises and conflicts.
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Dennis Jaffe is a licensed psychologist and professor of organizational systems and psychology at Saybrook University in San Francisco. He is 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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Book Description CreateSpace Independent Publishing Platform, 2013. Condition: New. book. Seller Inventory # M1492710768
Book Description CreateSpace Independent Publishing Platform. Paperback. Condition: Brand New. 40 pages. 11.00x8.50x0.10 inches. This item is printed on demand. Seller Inventory # zk1492710768