The Lessons in Legacy Podcast: In Conversation with Dr Justin Craig

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Podcast
08 Jun 2023

The Lessons in Legacy Podcast: Episode One, In Conversation with Dr Justin Craig

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The Lessons in Legacy Podcast is a new series that follows on from Boodle Hatfield's ‘Lessons in Legacy’ research - an initiative that explores what legacy means to families and individuals in the 21st century.

The series provides a platform for a dialogue with a number of leading academics, professional advisers and business leaders about the evolution in the approaches, attitudes and adjustments successful individuals and families are taking to plan for wealth transfer. Across the coming months, we will break down some of the themes that are now front of mind for those responsible for family wealth. We will take into account the priorities of the succeeding generation and look at how, in turn, we as advisers can support and steward a legacy’s sustainability and reflect a families’ longer term purpose, values and sense of cohesion.

In the inaugural episode, Partner, Clare Stirzaker is joined by Dr Justin Craig, a visiting Professor of Family Enterprise at Kellogg Business School. Using Justin’s research on the strategy, function, management, and performance of multi-generational family enterprises and those who lead and steward them, we look at what the term legacy means in today’s world and its connotations, whether the next generation feels hamstrung by the concept of legacy and how business leaders can innovate where a predecessor’s legacy is so dominant.

Justin has authored 46 peer-reviewed academic publications, numerous book chapters and teaching cases and has co-edited several books, all aimed at better understanding the challenges facing business families across the globe and brings some invaluable insights to the episode.

Follow the links to listen on Spotify, Podbean, Apple Podcasts and Soundcloud.

This podcast is intended to provide a first point of reference for current developments in aspects of the law. It should not be relied upon as a substitute for professional advice. If you would like to discuss any of the points raised during the podcast, please do not hesitate to contact Clare Stirzaker or Justin Craig using the details listed below.

Speakers:

  • Dr Justin Craig, visiting Professor of Family Enterprise at Kellogg Business School
    Australia m: (+61) 0405309316
    US cell: +1 (617) 971 6751
    e: justin@busi-psych.com

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Has this sparked interest?

Our ‘Lessons in Legacy’ series launched at the end of 2022 and its aim is to help both start, and evolve, the conversation amongst successful individuals, families and their associated business ventures and in doing so take into account the priorities of the next generation in ways that will support a legacy’s sustainability and reflect their families’ purpose, values and sense of cohesion.

Though a series of reports, we have sought to provide a spring board for thought and debate at what is undoubtedly a time of changing attitudes and approaches. We break down some of the themes which are now front of mind with those heading HNW and UHNW families, those in the next generation – as well as the professionals who support them.

FInd out more about Lessons in Legacy