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