Cross Cultures: How Global Families Negotiate Change Across Generations

Product Description

Prosperous families around the globe face unexpected challenges in the modern world. As they expand outward to other countries, elder generations naturally want to uphold the cultural heritage that led to their original success. However, new influences begin to enter the family as subsequent generations are sent for education and training in faraway lands and diverse cultures. The resulting conflicts can bring significant stress to the family and risk to the family enterprise, especially at times of generational transition. Cross Cultures: How Global Families Negotiate Change Across Generations outlines cutting-edge insights from two internationally-renowned family business consultants, Dennis Jaffe PhD and James Grubman PhD. Building on Dr. Grubman’s first book, Strangers in Paradise: How Families Adapt to Wealth Across Generations, and Dr. Jaffe’s 100 Year Family Enterprise Research project for Wise Counsel Research Associates, Cross Cultures outlines the latest research identifying three fundamental cultural styles around the world. It then explains the practical, commonsense strategies that families in each culture (and their advisers) can use to resolve the differences threatening the fabric of the family. Cross Cultures is a ground-breaking explanation of culture, its hidden dimensions, and the important new ways in which families must think, communicate, and solve problems together.

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