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LGA Advisor Jeremy Cheng, alongside his co-authors, explores how the second generation of Asia Green Group, a Malaysian family business in the timber and property sectors, is shaping sustainability efforts
Our latest book, The Enduring Enterprise showcases families from around the world who have thrived for generations under precisely these conditions, and what their survival and success have to teach business leaders everywhere. Why, you might wonder, would operating in New Delhi or Lagos have any relevance to some of the world’s most sophisticated businesses in New York or London?
The answer is simple: stability within these privileged environments is evaporating before our very eyes as we enter a New Age of Uncertainty.
In this newsletter, we present some of the recent highlights of LGA IRL – and preview some of the exciting initiatives that kept us busy throughout the year — a core part of our mission to provide actionable insights and trusted advice to sustain the continuity of family legacies across generations.
In this newsletter, we present some of the recent highlights of LGA IRL – and preview some of the exciting initiatives that kept us busy throughout the year — a core part of our mission to provide actionable insights and trusted advice to sustain the continuity of family legacies across generations.
In this newsletter, we present some of the recent highlights of LGA IRL – and preview some of the exciting initiatives that kept us busy throughout the year — a core part of our mission to provide actionable insights and trusted advice to sustain the continuity of family legacies across generations.
Family leaders must have the courage and stamina to create an inclusive, participative, and results-driven culture in the family and business, supported by the right policies and systems. Such a foundation will set the stage for a family legacy which both sustains across multiple future generations, and grows along the way with each group driving growth and diversification and making its own mark.
“Moments of crisis can bring families together or they tear them apart – the choice is ultimately theirs…”
Why is it hard to find good successors? We believe that the root issues occur earlier in the lives of next-gen members, linked to the manner in which they experience their family’s wealth and legacy during adolescence and early adulthood.
For many, family philanthropy presents an opportunity to create a shared experience, unifying the
family by working together toward a lasting legacy of impact. Family philanthropy can also give
participants an opportunity to explore and cultivate their personal—and sometimes separate—
philanthropic passions
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