Responsible Stewardship of Wealth

Circular Economy Principles for Family Business and Wealth Stewardship

Download Circular Economy Principles for Family Business and Wealth Stewardship: A New Governance and Sustainability Framework

In this new publication, authors Philip Marcovici, Kenneth T Goh and Iraj Ispahani write about how circular economy principles, when applied to family business and wealth stewardship, can provide a new approach to governance frameworks for wealth- and business-owning families.

Circularity, in broad terms, means both avoiding and finding value in ‘waste’ – not only of natural resources but also of the human resources within families, including family members not directly involved in the family business but who have a stake in the future and who need to support those in more active roles. Such family members highlight the kind of paradoxes families face – should a family member be channelled into working in the family business or be allowed (and encouraged) to pursue their own career, reflecting their personal interests and aspirations? Are there ways to achieve this that add meaningful value to the family and its wealth and business interests?

This book suggests the answer may not be ‘either/or’; perhaps a ‘both/and’ option can be a solution. Family members can be supported on the path to self-actualisation. They can be excited about supporting and taking advantage of the opportunities the family business offers, and can contribute their personal knowledge, skills and experience to enable the business to expand into new areas.

Download a digital copy

Purchase a hard copy

Family Dialogues on the Responsible Stewardship of Wealth

Download Family Dialogues on the Responsible Stewardship of Wealth: A Guide to assist in discussions with families about responsible stewardship and the many positive things a focus on this area can achieve.

Responsible stewardship is interwoven throughout the fabric of society. It informs the way we plan for our immediate and long-term needs, the needs of our current family members and future generations.

This Guide, sponsored by IQ-EQ, seeks to engender a discussion on responsible stewardship and what it means for wealth holders. It does not attempt to provide answers, but rather to provoke thought and raise awareness of the opportunities available to wealth owners to be guided by stewardship principles and values. It aims to be a resource to facilitate a discussion within families embarking on or furthering this journey directly or with the support of trusted advisors, whose role is to raise the right questions and help families get the answers.

Readers may use this Guide to facilitate a broad discussion around family governance and planning during a family retreat or roundtable. We hope that it will provoke discussion and enhance the understanding and fostering of stewardship for wealth holders globally.

Download your copy

The Family Dialogues Guide is Sponsored by IQ-EQ

Watch the Webinar