Stewards of the Future: Rising Gen Leadership
Wingspan Founder Christina Wing recently contributed an article to Regius Magazine exploring how the Rising Generation can guide family enterprises through one of the most significant wealth transitions in history. In “Stewards of the Future: How the Rising Generation Can Lead Family Enterprises into a New Era,” she outlines the opportunities and challenges facing Rising Gen leaders as they inherit not just assets, but responsibility, purpose, and influence.
The Scale of Change
Over the next two decades, an estimated $124 trillion in global wealth will transfer across generations. For family enterprises, that transition represents more than a financial milestone; it’s a test of preparation, alignment, and shared purpose. While external factors like market disruption play a role, research shows that most succession failures stem from internal issues—lack of readiness, unclear governance, and unresolved family dynamics.
Redefining Stewardship
As Christina notes, stewardship today goes beyond preservation. It’s about active leadership—combining business acumen, emotional intelligence, and a clear sense of purpose. Rising Gens are tasked not just with sustaining what exists, but with reimagining how family capital, values, and influence can serve future generations and broader communities.
Building Readiness
Families that thrive across transitions invest early in preparation. That means formal education, mentorship, and external experience that build credibility and perspective before joining the enterprise. Collaborative governance—through generational bridge committees or family working groups—helps balance legacy with innovation and ensures every voice contributes to the family’s shared vision.
The Role of Purpose
Ultimately, stewardship is grounded in why a family stays united around shared ownership. Whether that purpose centers on entrepreneurship, philanthropy, or impact investing, clarity of mission helps Rising Gens lead with confidence and authenticity. When purpose is clear, decisions align—and families endure.
Click below to read the full article in Regius Magazine.
