A Strength-Based Approach to Advising Multi-Generational Family Enterprises with Jeff Strese

Jan 9, 2023

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Jeff Strese is an Organizational Development Consultant and Executive Coach focusing on multi-generational family enterprises, corporations, and mission-driven nonprofit organizations. He has more than 25 years of experience working across industries in the areas of leadership development, organizational effectiveness, and family dynamics.

[00:01 - 10:19] Navigating Generational Wealth Transfer

The generational wealth transfer between baby boomers and either Gen Z or millennials is happening in real-time right now
There is a skill gap in the mid to more senior-level professionals that need qualitative skills
Advisors need to have the skills to know when and how to refer to communication and family dynamics

[10:20 - 25:04] Assessing Wealth and Wellness in Family Enterprises

Family Office Exchange developed a family advisor training program
Organizations need to develop people holistically or risk losing talent
Beneficiary prep is a holistic journey, not just about trust and estate or entity taxation
Look for credible sources such as authors, presenters, or certification programs

[25:05 - 33:58] Examining the Positive Trends in Family Enterprises and Leadership Development

Bringing in a third-party vendor to audit the family system can provide valuable insight
Mental health issues are becoming destigmatized, leading to more focus on wellbeing
Leadership development, talent training, and advisor development are key areas of focus
Optimism is the set point when it comes to the direction of families and enterprises

[33:59 - 35:25] Closing Segment

Quotes:

“ It's also not difficult to find out what is credible out there. There's a lot of stuff out there in any discipline that you can imagine.” - Jeff Strese

“Sometimes we need to go through hard things to come through the other side more empathic, more enlightened, and more inclusive.” - Jeff Strese

Connect with Jeff

LinkedIn: https://www.linkedin.com/in/jeff-strese-8622b36/

Website: https://jeffstrese.com/

Connect with me on LinkedIn!

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