Video | How Do Families Survive Beyond the Third Generation?

For over forty years, Dr. Dennis Jaffe has been working alongside families as wealth owners. Through that period Dennis has authored or co-authored many leading texts associated including "Stewardship in Your Family Enterprise" (2009).

Following our Intergenerational Wealth Forum in 2015, Dennis spoke with PWN's Alan Duncan about the characteristics of a "generative" family, the challenges faced at different generational stages, and the importance of the "family champion".


Report: Building a Hundred Year Family Enterprise
(Download PDF Below)

Among families with significant wealth or businesses, there is a widespread sense that well over 80% will succumb to the proverb of "shirtsleeves to shirtsleeves in three generations."

This study by Dr. Dennis Jaffe looks at 40 families who have successfully transitioned significant businesses or financial wealth through at least three generations or over roughly 100 years.

The study found seven qualities that characterise generative "enterprising" families that trace their unity, shared core purpose and family capital over a century.

Extra Resources

Building a Hundred Year Enterprise.pdf

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