Family enterprises face big challenges in order to survive and thrive in our era of rapid technological and market disruption. Having to adopt to new business models, and accept changing customer loyalties, they must also address changing attitudes and aspirations within the family itself, as the Millennial generation takes the reins of the family business.
The Millennial generation (Gen Y) is, arguably, the most researched generation in history. The subgroup of Millennials from business families has not been well understood until Professor John Davis’ recent study of business family Millennials from more than 40 countries.
Following his highly popular 2019 webinar, IEDP welcomes back renowned academic and shaper of the family enterprise field, MIT Sloan Professor John Davis, to share his latest research findings about Millennials’ interests and aspirations for their lives, careers, financial wealth, and their family business.
Millennial Mindsets in the Family Enterprise with Prof John Davis of MIT Executive Education from Ideas for Leaders on Vimeo.
About the Speaker: John A. Davis is a Senior Lecturer in the Family Enterprise Executive Programs at MIT Sloan Executive Education. He is a globally recognized pioneer and authority on issues related to the family enterprise, family wealth, and the family office. Since the 1970s, he has been a leading researcher, professor, author, advisor, and speaker on family enterprise, and is the creator of some of the field’s most impactful conceptual frameworks. His insights help to develop leaders, strengthen families, professionalize businesses and family offices, grow shareholder value, and pass sustainable enterprises to the next generation. Read the full Faculty Bio Here.