Hughes Family

The Compact Among Generations
1. Auflage 2010
ISBN: 978-0-470-88258-0
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 352 Seiten, E-Book

Reihe: Bloomberg

Why do some families thrive for generations? What accounts for thesad deterioration that others experience? This book takes familiesand the professionals who serve them beyond the now widely acceptedpractices offered in Family Wealth and offers a viewof Hughes's panoramic insights into what makes families flourishand fail. It lays out the basis for the vision of family governancethe author has been developing through his work and research. Hisadvice addresses not only what to do but how to think about thecomplex issues of family governance, growth, and stability and theongoing challenge of nurturing the happiness of each family member.

Autoren/Hrsg.

Hughes, James E.

Inhaltsverzeichnis

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 13713 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

Über Autor(innen)

James E. "Jay" Hughes Jr., Esq., a sixth-generationcounselor-at-law, was the founder of Hughes and Whitaker, a lawpartnership in New York, where he focused on the representation ofprivate clients throughout the world. Now retired from activepractice, he frequently facilitates multigenerational familymeetings, with an emphasis on governance issues. He serves on theboards of various private trust companies and is an adviser tonumerous investment institutions. Before starting his own practice,Mr. Hughes was a partner of the law firms of Coudert Brothers LLPand Jones, Day, Reavis & Pogue (now Jones Day), both in NewYork.
Mr. Hughes's articles on family governance and wealth preservationappear in professional journals, and his series of reflections onrelated issues are featured on his Web site. He is the author ofFamily Wealth: Keeping It in the Family, published byBloomberg Press, and a member of the editorial boards of variousprofessional journals. A widely recognized speaker, Mr. Hughes isfrequently called on to address international and domestic symposiaon helping families to avoid the fate of theshirtsleeves-to-shirtsleeves proverb and to instead flourishthrough the growth of their human, intellectual, and financialcapital.
Mr. Hughes is an emeritus member of the Board of the PhilanthropicInitiative, a counselor to the Family Office Exchange, an emeritusfaculty member of the Institute for Private Investors, a retiredmember of the Board of the Albert and Mary Lasker Foundation, andformer adviser to New Ventures in Philanthropy. He is also a memberof the Friends of the Institute of Noetic Sciences, a member of theRoundtable of the Hastings Institute, a member of the board of theSpiritual Paths Foundation, and a member of the board of the RockyMountain Institute. Educated at the Far Brook School, Mr. Hughes isa graduate of the Pingry School, Princeton University, and theColumbia School of Law.
Readers may contact the author and learn more about his ideas atwww.jamesehughes.com.