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Have you noticed how the time line of life stages has shifted at least 10 years in the last decades?
Statistics show that life expectancies have increased almost 15 years in certain countries.
How interesting to see the consequences of this shift on business families, the senior generation may be active well beyond the age of 60.
This transcends in business families by having more than one generation working together for decades, hence the challenge of redefining our roles and responsibilities.
1965
Midlife Transition
Late Adult Transition
- Age
- 10
- 15
- 20
- 25
- 30
- 35
- 40
- 45
- 50
- 55
- 60
- 65
- 70
- 75
- 80
- 85
Midlife Transition
Late Adult Transition
2015
Young Adult
Family Building
Middle Age
Golden Age
Source: © Business Families Foundation 2014