A Proven Process for Recruiting and Retaining Top Family Enterprise Leadership Talent By Linda Mack, Mack International There is a strong consensus among Family Enterprises that successfully attracting and retaining the right leadership talent to enable them to achieve their long-term goals and objectives and to strengthen family sustainability is critical. However, in the absence of a proven process, many recruiting efforts fail. Increased access to information and an intensified competitive market are two key drivers requiring family enterprises to implement more formalized, clearly defined strategies in recruiting and retaining key talent. Leaders who align with a family office culture
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Archives for Articles
The Four C’s of Recruiting and Retaining C-Suite Leadership
The Four C’s of Recruiting and Retaining C-Suite Leadership There are 4 C’s of recruiting and retaining top leadership talent to ensure families can indeed “get it right” the first time, every time.” Clarity and Consensus Prior to any action being taken regarding human capital, a discussion about family objectives is not only valuable, but essential. Working with families is imbued in nuance. Each family has unique needs, a unique culture, and like any family, a family office is made up of many individuals and may span multiple generations and branches. Before a position profile can even begin to
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White Paper: Best Practices in Recruiting and Retaining Top Talent
White Paper: Best Practices in Recruiting and Retaining Top Talent To read the full nineteen-page copy of the white paper, please use the following link: http://www.mackinternational.com/documents/Family-Office-Association-Recruiting-and-Retaining-Top-Leadership-Talent.pdf The process, described in the nineteen-page publication, outlines a methodology that includes the following seven sequential steps. Key questions and considerations are part of every section along with stories, tips and tools to help families customize their process: Foundations for Success Strategic Human Capital Plan Assessment Process Design Executive Search Process Onboarding Plan Performance Management Plan Retention Plan “Every family would agree that it is critical for them to successfully attract and retain the
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Preserving Family Wealth
Preserving Family Wealth Identifying and recruiting exceptional investment executives for families in their family offices and investment firms requires profound expertise. Recognized as the most specialized boutique firm in recruiting C-suite executives for family offices, Mack International, based in the U.S., has earned a distinct reputation for finding key executive leadership. President, Linda Mack, recently celebrated the firm’s 15th anniversary. “My objective when the company was founded was to provide the quintessential executive search and consulting firm in the business–getting it right the first time, every time. And we continue to do that.” Looking for the needle in the proverbial
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The Highest Level of Excellence
The Highest Level of Excellence by Wealth & Finance – January 2017 Mack International, founded in 2002, is recognised as the premier boutique firm that specialises in providing retained executive search and strategic human capital consulting solutions. Their clients include single and multi-client family offices, family enterprises, and the full spectrum of wealth management advisory, investment management and financial services firms that serve ultra-high net private investors and family offices on a national and international basis. Following Mack International’s recent award, Best Family Office Executive Search and Consulting Firm–USA, we spoke with the firm’s founder and President, Linda C. Mack
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Wealth Effect: Identifying Unique Leaders to Run a Family Office
Wealth Effect: Identifying Unique Leaders to Run a Family Office by Hunt Scanlon Media – December 9, 2016 First pioneered by the Rockefeller family in the late 19th century, family offices started gaining popularity in the 1980s. But since 2005 — as the ranks of the super rich have grown to record proportions — family offices have swelled proportionately. Let’s see what one of the top recruiters in the field has to say about it. December 9, 2016 © Hunt Scanlon Media – A traditional family office is a business run by, and for, a single family. Its sole function is to centralize the
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Executive Recruitment as an Art Form
Executive Recruitment as an Art Form In business since 2002, Mack International is a highly specialized boutique firm that helps family offices and enterprises as well as investment management and wealth management firms find key executives. The distinction between Mack International and others in their industry is evident not so much in what they do, but in how they do it. How does a firm elevate executive placement from a wholesale hit-and-miss endeavor to an art form? Mack International has not only raised the proverbial bar, but created a unique bar altogether. Simply put, their approach is carefully constructed around getting clarity and consensus around a client’s objectives and then finding the
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The Missing Link for Family Offices
The Missing Link for Family Offices by Linda C Mack & Michael Zeuner, published in Campden FB – September 30, 2015 Families can face a deluge of competing challenges when managing their wealth which is why successful families rely on an ‘expert generalist’ to safeguard their interests. Linda C. Mack and Michael Zeuner outline why the role of a family office “quarterback” is vital to families, what to look for in an ideal candidate, and where to look. Ultra-high net worth (UHNW) families often, despite their good fortune and abundance of resources, struggle with a myriad of challenges associated with wealth management.
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