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. It lays out the basis for the vision of family governance
the author has been developing 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.
Tabla de materias
Preface ix
Acknowledgments xiii
Introduction xvii
Part One–Families of Affinity: Their Nature and Practices
1 A Family of Affinity 3
2 Defying a Proverb 13
3 Obstacles to Affinity: The Seven Paradoxes 21
4 The Physics of Affinity 31
Part Two–Defining the Journey
5 Essentials for Success 47
6 Happiness: Finding the Spiritual Path 61
7 Self-Actualization: Lessons from Psychology 81
8 The Evolution of Family 91
9 From Family to Tribe: The Emergence of Governance 101
Part Three–Principles of Family Governance
10 A System for Joint Decision Making 117
11 Participation and Commitment 129
12 Function and Structure 137
13 Change and Accommodation 147
Part Four–Family Leadership
14 Family as an Organization 157
15 Ensuring Dynamic Ownership 169
16 The Second Generation: Leadership’s Critical Stage 189
17 Women and Ownership 203
Part Five–Tools and Pathfinders
18 The Essentials for Learning 211
19 Educational Assessment Tools 221
20 The Personne de Confiance: Service Redefined 233
21 Roles and Characteristics of a Personne de Confiance 247
22 A Father’s Wisdom 265
Epilogue 283
Appendix: Recommended Reading 287
Index 309
Sobre el autor
JAMES E. HUGHES JR. is a sixth-generation counselor-at-law, now retired, and author of many influential articles on family governance and wealth preservation. He is renowned for facilitating multigenerational family meetings, with an emphasis on governance issues. Hughes is frequently called on to address international and domestic symposia on helping families to avoid the fate of the shirtsleeves-to-shirtsleeves proverb and to instead flourish through the growth of their human, intellectual, and financial capital. He also addresses these and other issues on his Web site at www.jamesehughes.com.
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