Family Compact Among Generations

ISBN-13: 9781119086772 / Angielski / Miękka / 2007 / 352 str.

Jr., Hughes, James E.

Opis

The successor volume and intellectual prequel to Family Wealth Why do some families thrive for generations? What accounts for the sad deterioration that other families experience? This book builds on the now widely accepted practices offered in Hughes′s signature work Family Wealth and offers families and the professionals who serve them a view of his panoramic insights into what makes families flourish and fail. It lays out the basis for the vision of family governance the author has developed through his work and research. His advice addresses not only what to do but how to think about the complex issues of family governance, growth and stability, and the ongoing challenge of nurturing the happiness of each family member. "Jay Hughes, the wisest of counselors to successful families, brings a Renais–sance man′s perspective to the most fundamental challenges of family, of wealth, and of continuity. This is the best book ever written for counselors to business families. Thank you, Jay, for sharing your wisdom and passion."
John L. Ward, Principal, The Family Business Consulting Group, Clinical Professor of Family Enterprises, Kellogg School of Management, Northwestern University "Mr. Hughes brings important new concepts to the forefront. He articulates the role of the second generation as it has never before been addressed pointing out the dual mission forced on all wealth inheritors, the critical issue of trusting others, and the impact of regressing to the mean. This book must be read by all those who find themselves inheriting wealth!"
Sara S. Hamilton, Founder and CEO, Family Office Exchange "Another groundbreaking book. Hughes provides a broad perspective on how to challenge families to thrive over multiple generations."
Charles W. Collier, Senior Philanthropic Adviser, Harvard University "Jay has extended his seminal work on preserving family wealth with this tapestry of thought weaving concepts from fields as disparate as physics and philosophy into the experiences he has amassed during his life of service to families to create an extraordinary treatise."
Mary K. Duke, Managing Director, Head of HSBC Private Bank′s, Global Family Wealth Initiative

Why do some families thrive for generations? What accounts for the sad deterioration that others experience? This book takes families and the professionals who serve them beyond the now widely accepted practices offered in Family Wealth and offers a view of Hughes′s panoramic insights into what makes families flourish and fail.