Stephanie LaCava, M.Ed.’s Post

China’s top company bosses are thinking about succession earlier than usual, as they are seeing more paradigm shifts in global economies and business environments. A new wave of Gen-Zers and Millennials are taking bigger roles in the companies founded by their parents in recent years. with Diana Li Check out the heirs —

Generational gaps are not a new issue, but still a critical one in succession planning for family businesses. A good advisor should be skilled in navigating these conversations. I spend a lot of time translating between millennials/Gen Z and their boomer/Gen X parents about the business and its succession. It is important to evaluate goals and maintain consistent communication to make ownership transition and management transition successful.

Great article about future workforce changes and embracing new technologies. Evolution is key in any business.

Entrepreneurship is everywhere. Opportunities to explore are all around us. 🌍 According to recent studies and economic projections, millennials are poised to inherit the largest transfer of wealth from their baby boomer parents. This unprecedented transfer of assets is expected to significantly boost the financial standing of millennials in the coming years. But it's not just about inheritance. Millennials are also making waves in the workforce, embracing entrepreneurship, and leveraging technology to build successful careers and businesses. With their innovative mindset, diverse skill set, and strong focus on personal and professional development, millennials are positioned to thrive in the evolving economy. From disrupting industries to driving social change, millennials are redefining success on their own terms. As they continue to climb the career ladder, invest wisely, and prioritize financial literacy, the future looks brighter than ever for this dynamic generation. So, here's to the millennials the future leaders of tomorrow. What will be your stamp on it?

newsflash: when your org STILL doesn’t meet the needs of millennials, you ain’t even ready for gen z… i’ve been saying this for YEARS…mostly met with blank stares…gen z gives ZERO FUX about longevity and paying dues for rewards afar. and i mean zero. when middle class standards don’t meet living wage requirements, and nearly half of gen z is side hustling to make ends meet…it begs the question: what exactly does loyalty in the workplace offer besides struggle?! generations that came before us were willing. because you could eventually reach a certain level of stability. that gold watch and retirement cake hit different when you own a house, paid pennies for college, and have a nice little nest egg to supplement your guaranteed social security. however. when you ain’t offering much beyond headaches, workplace trauma, and empty talk about fake values?! nah man. i choose gig economy and entrepreneurship…and i’m a millennial. i give exponentially more fux than gen z (or gen alpha)…and i’ve been running short for YEARSSSSS. modern workforce goals will successfully retrofit the workforce for the 1950s. and i get it. achieving goals is great. and it feels good. AND. sometimes you gotta look around you and get that the goal ain’t goaling anymore. this would be one of those times. times are changing, whether your leadership is or not. your strategy cannot be rooted in systemic origins. and it certainly shouldn’t be coming from folx who remember more of the 1900s than the 2000s. it just shouldn’t. innovation doesn’t have lengthy experience, wordy explanations, or long history in shit. it has brilliant insights, real-world experience, and relevance to TODAY. if your strategy looks and sounds FAMILIAR, that isn’t strategy…that’s habitual. get with the times, or get left behind. simple as that. #leadershipmatters #innovationculture #strategicforesight #relevance #thinkdifferently #workbetter #levelup #dobetter #genz #millenials #smarternotharder #challengethestatusquo #WE

Modern, strong, and independent women not only facing inflation robbing them over 80% of their purchasing power, but have signed themselves up to be debt slaves to the banks and tax slaves to the government, just like men. Because the banks and the government have destroyed traditional gender roles and nucleus family structure, modern women need to provide and protect themselves. The banks' and the government's agenda are to take the females out of the houses into the workforce causing the males to have no more meaning, reason, or purpose in life to be the providers and protectors anymore. That means males no longer strive to purchase houses, start a family, or put down roots. Modern women have the illusion of freedom from the patriarchy just to be enslaved by the banks and the government?   • Modern women are unaware and oblivious to the fact that being in debt bondage is mental slavery.   • The foolishness to think they have liberated or emancipated themselves from the patriarchy?   • It is males' nature to be providers/protectors and females' nature to be caregivers/nurturers.   • When males and females go against their own nature, they are miserable.  Life no longer has meaning and purpose, only resentment towards each other.   • Because modern women prioritize work-life as boss babes over home-life as homemakers, they will regret their choices in their golden years.   • They will realize that their wombs are now useless all because they are stubborn and refuse to lend sigma gentlemen their ears.   • Modern women has gone against God's Will, biology, and Mother Nature long enough.   • We will suffer the consequences in the form of no children, no army, no future, and life being tough.   • Traditional mindset (in accordance with God, biology, and Mother Nature) believes in balance, gender roles, and nucleus family structure.   • Modern mindset believes men and women are equal and both belong in the workforce, up keeping the economy and infrastructure?   • After a hard day at work; modern men and women all head back to their own house of solitude and wish they were in relationships.   • Nobody to turn houses into homes.  The quietness and lack of physical interactions can make anyone go insane.  Men and women are desperate to find companionships.

What does this changing landscape of work mean for different generations? Are we witnessing the end of traditional work as we know it? Interesting, thought-provoking questions in light of all these redundancies in the public sector. #WorkTrends #FutureOfWork #Redundancy #GenZ #Millennials #RemoteWork

We are in the midst of an unprecedented transfer of wealth, with trillions of dollars being moved from one generation to the next. This transfer challenges many commonly held notions as new values and interests become more prominent. In short, the economy is changing, and while some of these new practices might raise an eyebrow or two, not all of these ideas are without merit. For someone from the boomer generation, it might be easy to become upset with or confused by millennials’ differing points of view. However, taking note of the differences between the two generations can foster better communication and understanding. https://lnkd.in/gsgyrCXV

The financial perspectives of Gen Z are vastly different than generations past, especially the Boomers. These Zoomers are zooming right through their money and desperately need financial coaching. Check out these stats!