Skip to main content

The Benefits And Challenges Of Using Carried Interest In Your Family Office


Family Office compensation for investment professionals
getty
In recent years, Family Offices worldwide found themselves struggling to retain their key employees. Family Office professionals often …


Comments

Popular posts from this blog

Why Adding More Women To The Boardroom Is Key For Success And Higher ROI

Experienced CEO and founder of How Women Lead, venture capitalist and sought-after speaker on female entrepreneurship. getty The past years bank collapses, return-to-office controversies, activist …

'Make, Measure, Monitor' With Business Intelligence Systems - Business Intelligence Dashboards

  Business intelligence describes a toolset and process, which systematically organizes and displays your company data. Intelligence systems assist you in making strategic and operative decisions based on detailed analytic data and reports. Implementing a business intelligence solution not only requires programming qualifications but also necessitates a detailed understanding of business processes, business administration, and business economics.  With that being said, in developing your business intelligence solution, you do not have to “start from scratch”, but instead base it on well-established open-source products and adapt it to your specific requirements by adding additional custom components, interfaces, and modules.  Cornerstones of the Development Process:   - Analysis of your company-specific informational requirements.   - Analysis of existing core-data (e.g. in ERP systems and MDM systems).  - Visualisation of processes using flow charts.   - Decision, whether classic met

Here's How a Board of Directors Should Function (Family Business)

    Essentially a Board should include executives whom you respect and who have the business and personal experience relevant to the key issues that the business must address. Their only interest in your business is that the business is profitable, grows stronger and lasts longer. Here are some attributes to look for when selecting   people to serve on your Board:     Expertise   Every advisor should have specific experience in at least one area to benefit your business. Areas of expertise include technical knowledge of the product or service, manufacturing, distribution, marketing, human resources, finance or management.   It is often helpful to have someone with experience in the same industry.     Willingness to serve   Many business executives would be flattered to be asked to serve on your Board as they would consider it a personal and professional challenge and a way to give back to the business community. Others would not.     A highly qualified person may serve no useful p