Family Office Toolkit

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Downloadable Resources, Instant Access

Save time, empower your teams and effectively upgrade your processes with access to this practical Family Office Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Family Office related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Family Office specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Family Office Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 947 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Family Office improvements can be made.

Examples; 10 of the 947 standard requirements:

  1. What you are dying to know is just how much wealth there is in family offices and ultra high net worth individuals generally and are they putting much of it to work in real estate overall, and where?

  2. Are you drawing the line too broadly or too narrowly regarding when the clientele of a family office starts to resemble that of a typical commercial investment adviser and not a single family?

  3. How important are legacy relationships with certain people and civic, religious, or cultural organizations to preserve and protect the interests of family members across multiple generations?

  4. Are officers or employees of the branch prohibited from acting as a deputy or having the right of access to safe deposit boxes, except own or one rented jointly with a member of family?

  5. How many weeks pay will you provide and how many days notice will you give to terminate an employee whose services are no longer needed or who has an unsatisfactory performance?

  6. Is there much difference between rounds depending on the types of organizations participating, say, between deals with family offices versus sovereign wealth funds or the like?

  7. What methodology is best for allocation of equity inside and outside the business (the already stated who work in your organization and the already stated who do not)?

  8. Do you have a buy/sell agreement for family members and if so, how do you value the shares of the stock and have you had a transaction among the shareholders?

  9. What does the family hope the long-term impact of engaging with impact investing will be for family members, the broader community and future generations?

  10. Which classic family business CHALLENGES do you feel is the most serious threat to long-term success and continuity for family organizations in general?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Family Office book in PDF containing 947 requirements, which criteria correspond to the criteria in...

Your Family Office self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Family Office Self-Assessment and Scorecard you will develop a clear picture of which Family Office areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Family Office Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Family Office projects with the 62 implementation resources:

  • 62 step-by-step Family Office Project Management Form Templates covering over 1500 Family Office project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Variance Analysis: Are data elements reconcilable between internal summary reports and reports forwarded to the stakeholders?

  2. Quality Management Plan: What changes can you make that will result in improvement?

  3. Cost Baseline: If you sold 10x widgets on a day, what would the affect on profits be?

  4. Probability and Impact Matrix: Can it be enlarged by drawing people from other areas of your organization?

  5. Procurement Audit: Is there a record maintained of the procedures followed in the opening of tenders together with the reasons for the acceptance or rejection of tenders received?

  6. Cost Baseline: How difficult will it be to do specific tasks on the Family Office project?

  7. Scope Management Plan: How relevant is this attribute to this Family Office project or audit?

  8. Procurement Management Plan: Is a pmo (Family Office project management office) in place which provides oversight to the Family Office project?

  9. Stakeholder Management Plan: What is the process for purchases that arent acceptable (eg damaged goods)?

  10. Closing Process Group: What level of risk does the proposed budget represent to the Family Office project?

 
Step-by-step and complete Family Office Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 Family Office project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 Family Office project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Family Office project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Family Office project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Family Office project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Family Office project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Family Office project with this in-depth Family Office Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Family Office projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in Family Office and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Family Office investments work better.

This Family Office All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.