The evolution of the chief family officer (CFO)

This article takes a look at the new challenges and conflicts mothers face, as Chief Family Officers (CFO) in Asian societies.

The Evolution of the Chief Family Officer (CFO)

Steve YiGrey Group Asia Pacific

In most Asian societies, we find that in the past, the senior woman in the household (typically the mother) has always been the dominant manager for the overwhelming majority of family finances and activities. Ethnographers have tried to classify and differentiate this type of social structure with terms like matrifocal, matrilocal, matrilineal, gynocentric and matriarchal. For example, matrilineal is the use of a genealogical succession system based on the woman rather than the man. These thinkers even use a term called "y" to refer to the...

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