Next generation development
Preparing the next generation for what’s ahead – in leadership, ownership and stewardship.
Some next-generation family members may already know how they want to participate. Others need time or exposure before they can decide. Whatever their starting point, they should have the opportunity to understand the roles open to them to make an informed choice about their future.
At Conflux, we begin with what each person already knows. That might mean exploring possibilities with them, or developing a plan to help them build the skills and experience their chosen role requires.
What we offer
What this service includes
Our approach to next-generation development is positive and proactive. We help the rising generation understand their options and decide how they want to participate. Then, we develop a documented plan for the skills and experience their chosen role calls for.
- Explore their interests and what they’d like to understand or learn more about
- Identify opportunities for exposure across the family, ownership and business
- Help them prepare for and take part in those opportunities
- Identify the skills and experience they need to flourish in the intended role
- Agree on relevant development opportunities and milestones
- Review and update the plan as their interests develop
- Support involvement in relevant family, ownership and business meetings
- Facilitate mentoring and structured learning opportunities
- Work with existing advisors to build understanding of ownership, wealth and investment strategy
The common patterns we see across business families almost always stem from the desire to protect family harmony. But without shared understanding, questions about roles, fairness and the future can sit unspoken for years.
Why Conflux
A different perspective on business families.
At Conflux, we see the family, business and ownership as three distinct yet overlapping systems. That perspective shapes how we work with every business family, across every part of the process.
We facilitate the honest conversations that often go unspoken and provide the structural tools that support informed decisions. When every generation shares clarity, understanding and purpose, families flourish.