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How ‘impact-oriented’ families build resilience and benefit society

How ‘impact-oriented’ families build resilience and benefit society

How ‘impact-oriented’ families build resilience and benefit society

The program brings together colleagues, academics and industry thought leaders to discuss global sustainability challenges that are critical to families and their communities.

A five-day course at the University of Cambridge in the UK, running from 11 to 15 November, will explore how wealthy families and entrepreneurs can build resilience across generations and benefit society as a whole.

The residential program, hosted at the Cambridge Institute for Sustainability Leadership, brings together a group of “impact-focused” families from around the world. It aims to help families develop the knowledge, confidence and skills to take purposeful action and create a sustainable, resilient and inclusive future, according to the institute.

The program brings together peers, academics and industry thought leaders to discuss global sustainability challenges that are critical to families and their communities. Participants will build peer-to-peer networks in a confidential environment.

One of those involved in the programme is Philip Marcovici, who will be familiar to some readers of this publication from previous work in and around areas such as cross-border tax and the UK’s Liechtenstein Disclosure Activity more than a decade ago. Marcovici is a founding advisor to the programme.

“Family and business continuity is not an appropriate goal for an ambitious family with wealth and businesses. Families can enjoy more than just continuity – families can regenerate and benefit from the emergence of new generations of family managers and entrepreneurs who not only manage and carry on, but also build and contribute,” Marcovici said.

Marcovici is a graduate of the University of Ottawa and Harvard University Law Schools. He teaches and advises around the world in the areas of wealth planning, international taxation, and family business and wealth. The author of The destructive power of family wealthMarcovici lives in Hong Kong. (You can find a review of his book here.)

Another co-founder, advisor and expert is Iraj Ispahani, CEO of Ispahani Advisory Ltd.

Read a report on the Cambridge program from 2019 here.

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