Fredda Herz Brown on “Family Sustainability”
Fredda Herz Brown describes four essential characteristics for high net worth families who wish to create “family sustainability” for multiple generations.
Paul and David Karofsky on “Senior Gen and Next Gen Working Together Effectively”
What helps to bridge the generational divide in a family business? In this video interview, Paul Karofsky and David Karofsky describe what has helped them to work together effectively — and what steps can help other parents and their adult children to succeed.
True happiness as you get older
Powerful Questions and Listening – the tools of succession planning by Family Wealth Coach
You know the old saying, “Children should be seen and not heard?” If ever there was a time to discredit that saying, it is when you’re in the midst of succession planning.
We’ve all had that feeling when you sense that your input is not as legitimate as other’s in the room. It can be incredibly intimidating for heirs when there are multiple generations at the table. It’s critical that you foster an environment with your heirs where that feeling isn’t allowed to take hold, and where their input is just as valued as others in the room.
It can be a serious problem if people feel like they “aren’t being heard.” How can you create a succession strategy if people aren’t communicating? If there isn’t powerful communication then it may be difficult to know what matters to your heirs, and what makes them tick. You may not know what tools or resources they might need, and it could be incredibly difficult to get a grasp on the pressures they feel. And the reverse is equally true. These are all things you want your heirs to understand and know about you, as well.
The most compelling tools of succession planning are powerful questions combined with powerful listening. Powerful listening doesn’t mean just sitting quietly and “listening” so that you can then jump in with a response. Powerful listening is about trying to hear more than the words—it’s about trying to hear where those words are coming from. What are the motivations behind those words? Ask open-ended questions, and wait for a response—and then listen.
It’s also important to keep in mind that sometimes too much respect can really impede communication. If 1st generation wealth holders are held in reverence by the 3rdgeneration, then that 3rd generation may not communicate openly. We understand that it can be difficult for the 3rd generation’s views to be taken as seriously as the 1stgeneration’s. After all, the 1st generation has had far more experience. But keep in mind that one day it will be the 3rd generation making all the decisions, so it’s critical that they feel like they are “being heard” in order for the succession plan to work smoothly.
Ken Robinson: How to escape education’s death valley
Sir Ken Robinson outlines 3 principles crucial for the human mind to flourish — and how current education culture works against them. In a funny, stirring talk he tells us how to get out of the educational “death valley” we now face, and how to nurture our youngest generations with a climate of possibility.
Creativity expert Sir Ken Robinson challenges the way we’re educating our children. He champions a radical rethink of our school systems, to cultivate creativity and acknowledge multiple types of intelligence.
WHY YOU SHOULD LISTEN TO HIM?
Why don’t we get the best out of people? Sir Ken Robinson argues that it’s because we’ve been educated to become good workers, rather than creative thinkers. Students with restless minds and bodies — far from being cultivated for their energy and curiosity — are ignored or even stigmatized, with terrible consequences. “We are educating people out of their creativity,” Robinson says. It’s a message with deep resonance. Robinson’s TEDTalk has been distributed widely around the Web since its release in June 2006. The most popular words framing blog posts on his talk? “Everyone should watch this.”
A visionary cultural leader, Sir Ken led the British government’s 1998 advisory committee on creative and cultural education, a massive inquiry into the significance of creativity in the educational system and the economy, and was knighted in 2003 for his achievements. His 2009 book, The Element: How Finding Your Passion Changes Everything, is a New York Timesbestseller and has been translated into 21 languages. A 10th anniversary edition of his classic work on creativity and innovation, Out of Our Minds: Learning to be Creative, was published in 2011. His latest book, Finding Your Element: How to Discover Your Talents and Passions and Transform Your Life, will be published by Viking in May 2013.
“Ken’s vision and expertise is sought by public and commercial organizations throughout the world.” BBC Radio 4
Rita Pierson: Every kid needs a champion
Rita Pierson, a teacher for 40 years, once heard a colleague say, “They don’t pay me to like the kids.” Her response: “Kids don’t learn from people they don’t like.’” A rousing call to educators to believe in their students and actually connect with them on a real, human, personal level.
Rita F. Pierson has spent her entire life in or around the classroom, having followed both her parents and grandparents into a career as an educator.
WHY YOU SHOULD LISTEN TO HER?
Rita F. Pierson, a professional educator since 1972, has taught elementary school, junior high and special education. She’s been a counselor, a testing coordinator and an assistant principal. In each of these roles, she’s brought a special energy to the role — a desire to get to know her students, show them how much they matter and support them in their growth, even if it’s modest.
For the past decade, Pierson has conducted professional development workshops and seminars for thousands of educators. Focusing on the students who are too often under-served, she lectures on topics like “Helping Under-Resourced Learners,”“Meeting the Educational Needs of African American Boys” and “Engage and Graduate your Secondary Students: Preventing Dropouts.”
“Parents make decisions for their children based on what they know, what they feel will make them safe. And it is not our place [as educators] to say what they do is ‘wrong.’ It’s our place to say maybe we can add a set of rules that they don’t know about.” Rita Pierson