How to Motivate the Fifth Generation? Balancing Engagement and Entitlement at Lee Kum Kee

How to Motivate the Fifth Generation? Balancing Engagement and Entitlement at Lee Kum Kee

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Abstract

In mid-2013, the Lee family, which owned the Hong Kong–based food and health product giant Lee Kum Kee (LKK), struggled with how best to increase involvement of the fifth generation (G5), the children of the company's current fourth-generation (G4) senior executives and governance leaders. Only two of the fourteen G5 members had joined the company, and few had expressed interest in further involvement, including in the multiple learning and development programs the business offered, such as a mentoring program. Many of the G5 cousins had expressed little interest in business careers in general, and none of them currently was serving as an LKK intern. G4 members observed that their children were busy with family obligations, hobbies, and emerging careers outside the business. G5's lack of ...

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