A unique partnership with upcoming change makers: The Global Next Generation Report
Articles & stories

A unique partnership with upcoming change makers: The Global Next Generation Report

As the Next Generation faces the growing responsibility of inheriting their families' business, wealth or legacies, the report "Creating a world with the Next Generation", a collaboration between Credit Suisse and the Young Investors Organization (YIO), provides a unique look into the NextGen's expectations, needs and ambitions.

The coming decade is set to bring fundamental changes: Shifting demographics and the tech revolution are soon generating an enormous changeover from one generation to another. In the process, social and economic elements are increasingly influencing the priorities and transforming the meaning of wealth for upcoming successors: the Next Generation.

The NextGen has a strong desire to make a positive impact. On the environment or society as a whole. We at Credit Suisse want to understand these ambitions and challenges by working together. Only then can we support them to realize their goals and vision for the future.

To start a journey to find better solutions for the issues involved in cross-generational actions, we partnered with the Young Investors Organization (YIO), a global community of over 1500 future leaders from 55 countries, and listened to what the members and their families had to say.

The report

The result is an honest and comprehensive report containing actual data from a global survey of over 200 YIO members and their families, including expert advice based on their obtained input.

Private stories of real life situations faced by some of the YIO families, as the new generation comes on board, enrich the report. They demonstrate that, by asking the big and potentially scary questions in life and opening up the dialogue between two very different generations, meaningful solutions for families and their businesses can be created.

The insights

The survey results and family interviews provide unprecedented quantified data on the importance of starting these individual family conversations now.

Next generation

Related Articles

  1. Stronger together. What we can learn from successful families.

    Families are the smallest entity in society. Within this social microcosm, the basics of communication and issue resolution are both taught and learnt. Generations not only confront each other but also progress together toward common family goals, providing a global blueprint to long-term success.

  2. A new generation. A new approach to wealth.

    A new generation. A new approach to wealth.
    Millennials have soundly made their mark in the world through their interests, innovations, and entrepreneurial power. Their large population, with change makers native to new influencing channels and disruption, has already shown that being entrepreneurial is more than a business term: it's a mindset to take opportunities and risks and set progress in motion.

  3. Thinking about tomorrow: The foundations for your wealth today and beyond your lifetime.

    Thinking about tomorrow: Family values as the successful foundation for your wealth today and beyond your lifetime.
    In a changing world with fast evolving societies and a population having the longest lifespan expectancy in history, it is important to consider the meaning of wealth and what you want to achieve with it so that its legacy can last. Discovering common values with the inheriting generation is the first step in cementing that legacy.