Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises (Wiley, 2020). Learn more at dennisjaffe.com.
Dennis T. Jaffe, Ph.D., a leading architect of the field of family enterprise consulting, is an acclaimed speaker in programs for business families and financial service firms. Dennis leads the 100-Year Family Enterprise Research Program at Wise Counsel Research. He is also Family Business Scholar at the Smith Family Business Program at Cornell University, a faculty advisor at the Ultra High Net Worth Institute, and a regular contributor to Forbes Leadership channel. He was awarded a special commendation for Outstanding Contributor to Wealth Management Thought Leadership by the Family Wealth Report. His new book is Working for a Family Business: A Special Opportunity or Disaster in the Making?
Family businesses have a poor reputation. Many issues can arise, such as non-family leaders clashing with the family, family politics, job undermining, entitled or inept successors, and inconsistent messages about direction. Conversely, family business owners take a long-term view, reinvest in the …