Family: The Compact Among Generations.
1st edition, 2007.
The successor volume—and intellectual prequel—to Family Wealth
Why do some families thrive for generations? What accounts for the sad deterioration that other families experience? This book builds on the now widely accepted practices offered in Hughes's signature work Family Wealth and offers families the professionals who serve them a view of his panoramic insights into what makes families flourish and fail. It lays out the basis for the vision of family governance the author has developed through his work and research. His advice addressed not only what to do but how to think about the complex issues of family goveranance, growth and stability, and the ongoing challenge of nurturing the happiness of each family member.