Family office staffing decisions may directly impact sustainability and success...and therefore must be viewed as a business decision that requires extensive forethought and planning.
Chicago, Illinois (PRWEB) September 16, 2013
Linda C. Mack, founder and president of Mack International, the premier family office/private wealth retained executive search and strategic management/human capital consulting firm, will speak on a panel at the 7th Annual Family Office Leadership Summit, September 17-18 at The Marriott, Grosvenor Square, London.
“This event is specifically tailored to equip the family office with a complete briefing on current best practices along with an opportunity to meet with other family members and family office advisors to exchange views and share ideas,” Mack said.
Linda Mack will participate on a panel titled “Addressing the Challenges of Recruitment in Family Offices,” discussing how best to build a family office and successfully attract, motivate and retain the key talent needed to achieve family goals and objectives.
“We look forward to a detailed discussion about the challenges in hiring through a personal network versus using a headhunter, the importance of clearly defining position requirements and performance metrics, and how best to design compensation programs that both incentivize and retain staff while remaining aligned with family objectives,” Mack said.
“Family office staffing decisions may directly impact sustainability and success,” continued Mack. “This in turn affects the viability of the family office as well as the family’s ability to achieve its long term goals and objectives, and therefore must be viewed as a business decision that requires extensive forethought and planning.”
In addition to Mack, the panel will include Bruno Doutrelepont, Founder and Managing Director Even Keel Advisors Ltd; Timothy Facer, Member of the Multi-Family Office’s Investment Committee Member and Director, Plowden Asset Management; and Heather Maizels, Managing Director, Victoria Private Investment Office. Paul Reynolds, CEO of Thamesis, will moderate the panel.
The summit agenda is designed to ensure maximum benefit to family office attendees and features a speaking faculty of nationally renowned family office advisors, service providers, family members and principals. The summit will feature a range of additional issues and discussion topics such as ethics and succession planning, private banking and the family office, reputation management in a changing technological landscape and a CIO roundtable to debate asset allocation approaches.
About Mack International
Mack International, LLC, headquartered in Chicago, is the premier global retained executive search and consulting firm serving clients in the family office/wealth management industry on a national and international basis. For more information, visit http://www.mackinternational.com or call 800.976.0015.
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