The UHNW Institute Podcast A Blueprint for Multi-Generational Success: Building a Coalition of the Willing | Part One
Summary
In this episode of the Ultra High Net Worth Institute podcast, host Russ Haworth, along with guests Amelia Renkert-Thomas and Daniel Trimarchi, discuss their white paper titled 'A Blueprint for Multi-Generational Success.' They explore the challenges of traditional succession planning, the importance of evolving governance structures, and the need for clarity and accountability in family enterprises.
The conversation emphasizes the significance of education, co-creation, and addressing fears associated with structural changes. The episode concludes with practical steps for families to begin their governance journey and the importance of building a coalition of the willing for future success.
Chapters
00:00 Introduction to the Ultra High Net Worth Institute Podcast
06:17 The Role of Governance in Family Enterprises
16:20 Reducing Friction Through Effective Governance
22:22 Co-Creation of Governance Structures
28:21 Addressing Fears in Structural Changes
34:49 The Coalition Mindset in Leadership
40:10 Practical Steps for Families in Transition
Link to the Paper