Die Kraft der Generationen

IIn this video, Prof. Dr Heiko Kleve talks about his new book, *The Power of Generations – Learning from Successful Entrepreneurial Families*. The focus is on the question of how entrepreneurial families can repeatedly pass their businesses on to the next generation and thereby successfully achieve transgenerational continuity.

Drawing on academic research into the organisation and development of entrepreneurial families, the book demonstrates that successful entrepreneurial families are bound both to the past and to the future: to the achievements of the founding generation as well as to their responsibility towards the grandchildren’s generation. It is crucial not to view family, ownership and the business in isolation, but to shape them in a nuanced and interconnected manner – particularly through family governance and the development of family strategy.

The book combines accessible language with a sound academic foundation, whilst also offering numerous practical insights. Through the portraits of seven entrepreneurial families, it demonstrates the power that cross-generational responsibility can unleash. The book thus provides valuable guidance for entrepreneurial families seeking to strengthen their resilience, resolve conflicts constructively and ensure the long-term sustainability of their family business for future generations.