The hiring process for any organization can be difficult, however Family Offices offer some unique additional challenges.
When hiring for a Family Office, the decisions made may affect the long term success and sustainability of the organization. Based upon the infrastructure of the Family Office and the number of family members involved, it is essential to perform an in-depth analysis of the culture, the current human capital, the strategic plan of the organization and succession planning.
It requires a significant commitment of time and resources to identify the skills, experience and background to “fit” successfully into each family office. One of the key starting points, is to develop a clear definition of the responsibilities of the position as well as the personal characteristics that will work effectively within the family’s culture.
Hiring the wrong person can be quite costly both from a financial as well as from an emotional perspective.
For more in depth information on how to prepare a comprehensive “hiring plan” and ensure that you are most effective in hiring the right people, contact: Michael F. Rosenblatt at FON Search and The Quest Organization at 212-971-0033 or email him at: firstname.lastname@example.org
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