We live in a time of massive challenge, and yet one of massive opportunity. Every industry is being redefined at blinding speed by technology, globalization, the rapid emergence of new competitors, new forms of collaborative global R&D, and countless other challenges! The speed with which these changes occur are now being increasingly driven by the arrival of a younger, more entrepreneurial generation; a group that seems determined to change the world to reflect their ideas and concept of opportunity. They’ve grown up networked, wired, and are collaborative in ways that no previous generation seems to be.
And therein lies the challenge.
This Boston based private equity firm had me in to speak to the CIO’s, CFO’s and head legal officers of some of their main equity invested companies – for a talk on the opportunities and challenges that come with this era of disruption.
Through the years, I’ve done quite a few of these presentations for very-high net worth families and firms. It has included such groups as the Wrigley family foundation and companies that manage the Rothschild wealth.
And in one of the most fascinating events I’ve participated in, I was invited to Athens to address several hundred representatives of what are known as ‘family offices’ — organizations that manage the wealth of the world’s wealthiest. While I did not get a complete list of attendees, I do know that some of those in the room represent and manage the wealth of folks such as the Bill & Melinda Gates family office; the Accellor-Mittall families, those of the founders of Google and many, many others.
It was suggested to me that some $10 trillion of wealth was represented in the room.
What’s common to all of these talks?
Viewpoints on the trends that will define our world, and which will spell opportunity in the future!