Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations. Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. This unique resource: Presents real-life stories of families sustaining wealth over generations Explores both the successes and failures of retaining family wealth Includes rare private insights from members of prominent wealthy families Examines the nature of global family enterprises and their evolution over generations Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.
In September 1969, Ted Clark, Dennis Jaffe, and Yvonne Durchfort (now Yvonne Jaffe) started "Number Nine", a crisis telephone line. Initially this was an attempt to discover from young people themselves exactly what the needs of young people were, in order that a program relevant to those needs might be developed. The crisis line program, in itself, proved useful and meaningful to young people as they began calling in increasing numbers. Since many community agencies – through their insistence that young people cooperate with a value system that does not engender trust – alienated themselves from these young people, it became increasingly imperative that the crisis line expand its resources to include counseling, a crash pad, a residential program, and a drop-in center. As an alternative to those agencies who insist on viewing drug use as a problem per se and who do not focus their attentions on family, school, and personal relationships in general, "Number Nine" offered realistic and reachable solutions. Originally published in 1973, Toward a Radical Therapy is a collection of essays concerning numerous issues which the authors encountered during the development of an alternative service – an organization which reflects the values and experiences of young people (the counter-culture), rather than the values of the established social order, as a necessary step toward helping people cope with their problems. The ideas expounded in these working papers are the outcome of experiences and experiments in attempting to effect personal and organizational changes basic to creating an alternative culture. Concurrent with the writing of this book, the authors discovered numerous conflicts occurring at all levels of program and institutional development, as well as within themselves. Personal changes become necessarily interrelated with social change and organizational structuring. Counseling had to be redefined as existing theories and methodologies were limited in their ability to comprehend the constant changes that youth were undergoing at the time.
Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations. Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. This unique resource: Presents real-life stories of families sustaining wealth over generations Explores both the successes and failures of retaining family wealth Includes rare private insights from members of prominent wealthy families Examines the nature of global family enterprises and their evolution over generations Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.
This breakthrough book is the only resource designed specifically to help family members who are in business together learn to manage both work and family relationships effectively.
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