Books

Cross CulturesCross Cultures

How Global Families Negotiate Change Across Generations

Unexpected challenges face prosperous families around the world in the modern global environment. As families arise in one ethnic heritage to become highly successful, they soon encounter faraway lands and diverse attitudes, behaviors, and beliefs. Dramatically different cultural influences can enter the family as younger generations go off to be trained within global centers of education and commerce. 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 is the just-released book by Dennis Jaffe and Jim Grubman. It outlines highly practical strategies that families in each culture (and their advisors) can use to resolve differences that may threaten the fabric of the family. Building on Jim’s first book, Strangers in Paradise, and Dennis’ cutting-edge Hundred Year Family Enterprise Research project for Wise Counsel Research, Cross Cultures first explores the latest sociological research identifying three fundamental cultural styles around the world: Individualist, Collective Harmony, and Honor cultures. Peppered with clear examples drawn from case experiences and public information, it then provides insight into how families can defuse cross-cultural stresses using proven negotiation techniques. Cross Cultures is a unique, easy-to-understand exploration of culture, its hidden dimensions, and the new ways in which families must think, communicate, and solve problems together in the modern world.

 


 

Strangers in Paradise

How Families Adapt to Wealth Across Generations

 

Strangers in Paradise: How Families Adapt to Wealth Across Generations (available in paperback and ebook versions at Amazon.com) is based on the groundbreaking insights first outlined with Dennis Jaffe in the 2007 article, Acquirers' and Inheritors' Dilemma: Discovering Life Purpose and Building Personal Identity in the Presence of Wealth. The book explores the many similarities between the journeys of ethnic immigrants to a new land and those who make an economic transformation from working-class or middle-class life to becoming affluent. Through wealth-creation, marriage, or sudden windfall, these "Immigrants to the Land of Wealth" have many of the same emotional stresses, characteristics, and psychological tasks that ethnic immigrants have, including adapting how they raise their children and grandchildren as "Natives in the Land of Wealth." The book draws from the extensive cross-cultural psychology literature about immigration, acculturation, and intergenerational adaptation, combined with broad professional knowledge about wealth in families. Grounded in a solid understanding of both human nature and wealth, Strangers in Paradise clarifies how families can work together to prepare the next generation to handle wealth comfortably, confidently, and responsibly.