How to Incorporate Next-Gen Across the Enterprise!

One of the most crucial considerations for families of wealth is "How to Incorporate Next-Gen Across the Enterprise." This is a topic of immense importance, and to explore it deeply, I’m excited to welcome an exceptional guest, Susan R. Schoenfeld, CEO of Wealth Legacy Advisors. With her extensive experience and unparalleled expertise, Susan has guided families through this intricate process for decades.

In our discussion, we’ll dive into:

* The intricate details of incorporating the next generation into various aspects of the family enterprise, including the family business, family office, and philanthropy.
* The importance of developing a strong internal purpose and leadership, and how these elements contribute to the family culture—along with common pitfalls.
* The question of when to begin involving younger family members, and why there may be no such thing as "too young."
* The dangers of relying on financial wealth alone as the glue that holds a family together, and why purpose is essential for lasting family unity and happiness.
* How entitlement in children can lead to compensatory behaviors that fill a purpose-gap, denying them a meaningful life.
* The lost art of courage and the necessity of developing resilience in the face of challenges.
* The importance of teaching critical thinking and nurturing the capacity and capability to lead.
* The most essential skills for fostering multi-generational resilience.
* Why preparing the next generation is ultimately more valuable than merely protecting them.
* The paradox that the greatest threat to the family often comes from within, yet this can also be the family’s greatest strength.
* How positive affirmations, when earned at a young age, can build a foundation for success.
* Recognizing the tipping point where governance can turn into hierarchy and bureaucracy.
* Navigating the complexities of blended families.

Incorporating the next generation across the enterprise is a critical endeavor, and we will be focusing on this topic with a series of content and resources from late summer through the fall. Join us for this vital dialogue and discover the keys to multi-generational family continuity.

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