Clayton Christensen was a Harvard Business School professor known for disruptive innovation theory. In How Will You Measure Your Life?, written with James Allworth and Karen Dillon, he turns his management ideas onto personal life instead of companies. He borrows Herzberg’s split between hygiene factors, like pay, which stop you being miserable but don’t make you happy, and motivation factors, like challenge and growth, which actually do. He also argues your real strategy is shown by where your time and money actually go, not the plan you’d describe to someone else. His sharpest point: careers pay back quickly, families pay back slowly, so families quietly get underinvested in for years — and it’s easier to hold your principles 100% of the time than 98%. The analogies can feel a bit cold, and the examples lean towards high achievers, but the core idea holds: decide your family’s strategy deliberately, the way we help clients build a deliberate estate plan rather than leaving it to intestacy.
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Six short reads each week on tax, Wills, family wealth and running a business, from John Ireland. Since 1996, three decades of protecting families.