Caught in the Crossfire: The Bridge Generation in Cross-Cultural Family Enterprises

(opens in new tab)Many global families of wealth struggle in the transition from one generation to the next as younger generations learn about new cultures that might challenge the family’s traditions. This is particularly acute for the second generation of wealth.  They can be caught between the heritage of the wealth-creating generation and the more expansive views of succeeding generations. This article(opens in new tab) summarizes the stress that Generation 2 often faces in bridging the old and the new in global family enterprises.