Family Office Fundamentals - Module 3
Module 3 explores the family office's human capital dimension. It delves into the people employed by a family office, from human resources, staffing, and employment to hiring and compensation. Next, it covers the importance of family office leadership and the role of family and non-family leadership. The module offers approaches to managing change and innovation to guide its strategic planning process.
Learning Objectives
- Examine human capital management within family offices to understand how human resources roles, family dynamics, and leadership qualities contribute to effective staff recruitment, onboarding, and management.
- Navigate innovation and change by exploring how family offices respond to market shifts, regulatory changes, and technological advancements, while considering the influence of next-generation members on sustainable investments.
- Explore family office governance and decision-making processes by analyzing various models and methods to assess their effectiveness and impact on family office operations.
Featured Resources:
The following lessons reference several helpful books to supplement your learning. These are not required to complete the coursework but may be beneficial to further expanding your knowledge.
Articles/Books
- The Complete Family Office Handbook, Second Edition, Wiley by Kirby Rosplock, Ph.D
- Family Office Fundamentals: Human Capital Matters, Wiley by Mark Somers
- The STEP Handbook for Advisers, Third Edition, Barbara R Hauser & Nicola Saccardo (use the discount code Tamarind20 for 20% off)
- The Family Office Navigator: Your Guide to Building a Multigenerational Family Office, IMD International by Peter Vogel & Mario Marconi
- The Five Capitals Framework by Scott Peppet
Videos and Podcasts
- Family Leadership and Family Gogoververnance: What Comes First with Chris Herschend on The Tamarind Learning Podcast
- Leading the Family Office with Human Capital with Scott Peppet on The Tamarind Learning Podcast
- Talent: Do You Have What it Takes? with Mark Somers on The Tamarind Learning Podcast
- Access your courses anytime, anywhere, with a computer, tablet or smartphone
- Videos, quizzes and interactive content designed for a proven learning experience
- Unlimited access. Take your courses at your time and pace
- This program is designed to take 1-2 months with approximately 10-15 hours per week of study. If you put in more hours per week, you will finish sooner than the predicted 1-2 months
