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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them
“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo
Center for Family Conversations
The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.
THE TYCOON PLAYBOOK – How Business Empires Are Built
The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.
Post Tagged with: "Management"
Are leaders born or made? I have the answer! Baron A Rohbock Baron graduated with honors in Business Administration and Leadership. With a passion for training and working with teams, he entered the Learning and Development field as Director of Training for Taylor Hartman, author of The People Code (previously published as The Color Code). With a wide breadth of knowledge in leadership, Baron returned to the training industry to combine first hand management and executive leadership experience with a passion for working with people to shape results while revealing individual and collective talent. In 2011 he started Core MotivAction, an innovative brilliant training company dedicated to people and team development.
Fortunately, there are a number of techniques for handling risks. The nature of a specific risk and the circumstances (extent of exposure, available resources, and so forth) often dictate which technique, or combination of techniques, is most appropriate. Basically, there are five methods for dealing with risk. It is easy to remember these by thinking of the acronym STARR. Sharing—Sometimes, when a risk cannot be avoided and retention would involve too much exposure to loss, we may choose risk sharing as a means of handling the risk. By sharing risk with someone else, an individual also shares potential losses. That is, the individual’s own loss may not be as great if it occurs, but the individual may have to pay a portion of the losses experienced by others. Transfer—Risk transfer means transferring the risk of loss to another party, usually an insurance company, that is more willing or able to bear the risk. Some non-insurance transfers of risk occur, such as when one agrees to assume the risk of another under the terms of a written contract. Avoidance—As the name implies, this technique deals with risk by avoiding the risk in the first place. This usually means not undertaking an activity that could involve the chance of loss. For example, by never flying, one could eliminate the risk of being in an airplane crash. Reduction—Sometimes, when risks cannot be avoided, they can be reduced. Risk reduction can work in one of two ways: it can reduce the chance that a particular loss will occur, or it can reduce the amount of a potential loss if it occurs. For example, installing a smoke alarm in a home would not lesson the possibility of fire, but it would reduce the risk of the loss from the fire. Retention—Retention simply means doing nothing about the risk. In other words, people assume or retain the risk and, in effect, become self-insurers. For example, the insured would pay a smaller portion of the loss than the insurer, such as paying a deductible.
When life throws you a curve-ball… David Ecker When life throws you a curve-ball, either you have to duck, or learn to hit curve balls David Ecker is a Stony Brook graduate who previously served as the Interim Director/Manager of Client Support for over 10 years and led the Project 50 Managed Output initiative. He focuses on strategic planning, partnering with researchers and developing best practices for the research community.
/ Attitude, Beliefs, Board of Directors, Business Leadership, Business Values, Care, CEO, Communication, Company Culture, Conversation, Employee Engagement, Entrepreneur, Family Business Dynamics, Game Changers, Human Resources, Importance of Language, Leadership, Management, Motivation, Productivity, Starting a Business, Strategic Planning, Talent Management, Visionary
Harvard Business Review: #1 Key to Motivation In a multi-year study, researchers at the Harvard Business School first asked 600 managers from dozens of different companies to rank the impact of five factors that are normally associated with motivation – recognition, incentives, support from managers and colleagues, clear goals and a sense of making progress. In this first phase of the study, recognition for good work was ranked by managers as the most important factor in motivation.
Seth Godin on the Difference Between Leadership and Management Bestselling author Seth Godin says that “Management and leadership are totally different things. You think you are being a leader, but you are probably being a manager.” He goes on to say, “Managers figure out what they want done and get people to do it. Managers try to get people to do what they did yesterday, but a little faster and a little cheaper with a few less defects.” But this is not leadership.
/ Business Leadership, Business Values, CEO, Company Culture, Employee Engagement, Entrepreneur, Family Business Dynamics, Game Changers, Human Resources, Leadership, Management, Starting a Business, Strategic Planning, Structure, Visionary
Truly human leadership: Bob Chapman Robert Chapman is chairman and CEO of Barry-Wehmiller Companies, Inc., a $1.5 billion global manufacturer of capital equipment and provider of engineering consulting. Under Chapman’s leadership, Barry-Wehmiller has used strategic acquisitions and organic growth to achieve a 20% compound growth rate during the past 20 years. At the heart of its successful economic model, however, are more than 7000 outstanding team members worldwide. The company prides itself and is fiercely committed to building great people through its distinctive people-centric leadership initiatives and innovative learning institute, Barry-Wehmiller University.The 127-year-old company was named one of the Best Places to Work in St. Louis because of its programs in leadership and motivation.
Ivan Lansberg on “Ambidextrous Leadership” Ivan Lansberg contends that effective leadership of a family enterprise requires a skill set which has not been adequately described in the business literature. More specifically, he notes that leaders in a family enterprise are required to attend to the leadership needs of both the enterprise and the family. The enterprise needs the leader to lead, for example, the process of succession, while the family needs the leader to lead, for example, the nurturing and development of the next generation, the support of elderly parents, and the planning of family events. Most leaders are better at leading either the enterprise or the family, but few are naturally inclined in both areas. Lansberg calls for family enterprise leaders to become “ambidextrous leaders” — to build their skills in both arenas. This can allow the family enterprise to take advantage of the paradoxes of a family enterprise and turn these potentially confounding ambiguities into strategic advantages.
What if Fear Were Just a Feeling?: Terri Cole Terri Cole is a licensed psychotherapist known for her holistic approach, combining practical psychology, thought innovation, and harnessing the power of intention to create sustainable change. She has a unique ability to take complex theories and translate them into actionable steps you can implement into your daily life.
Enzo Calamo Is A Best Selling Author
Enzo Calamo is the Best Selling co-author of "How To Create Infinite Returns In Real Estate Using The Secret Asset: How To Recover All Business and Personal Expenses Using The Secret Asset" This is a must read for every affluent investor.
Enzo Calamo Is A Gold Award Curator
Scoop.it describes Enzo Calamo "as a rock star of content curation."
Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, Wealth Management, Financial Literacy, Family Business, Philanthropy, Technology Trends, Healthy Living, and the UHNW.
ALL POSTS ARE CURATED BY ACTUAL EXPERTS!
Check out our 11 Gold Award UHNW Newswires.
- 5 Nuggets of Advice Given to Me by BillionairesJanuary 18, 2017
- Small-business owners report paying over $83,000 in regulatory costs in the first yearJanuary 18, 2017
- The greatest threat to Europe is populism, says Bridgewater’s DalioJanuary 18, 2017
- Larry Summers warns of a ‘downward spiral’ if Trump-style nationalism takes hold globallyJanuary 18, 2017
- If you don’t like change, Trump’s first 100 days will be uncomfortable, Blackstone’s Schwarzman saysJanuary 18, 2017
- Joe Biden to Davos: The top 1% must pay its fair share or else…January 18, 2017
- Why are cars so expensive in Ethiopia? – BBC NewsJanuary 18, 2017
- This Hedge Fund Made 37% Betting On Banks In 2016 And Remains Bullish After The Trump RallyJanuary 18, 2017
- Hong Kong’s Doyenne Of Real Estate InvestmentJanuary 18, 2017
- Meet the top 3 among 84 billionaires who own over half of India’s wealthJanuary 18, 2017
- How to Build a Peter Lynch-Style Growth Strategy – GuruFocus.comJanuary 17, 2017
- Ten Guaranteed Ways To Appear Smarter Than You AreJanuary 17, 2017
- Is Warren Buffett Wrong About Bitcoin?January 17, 2017
- BILLIONAIRES EVERYWHERE: Here are the richest people in ArizonaJanuary 17, 2017
- Glass Screens For iPhones Makes Hong Kong Couple Into BillionairesJanuary 17, 2017
- Departed Tennessee Millionaire Leaves Entire Fortune To Animal ShelterJanuary 17, 2017
- The 49ers Are Still Paying Millions To Coaches Who Don’t Work For Them AnymoreJanuary 17, 2017
- Charles Feeney Fulfills Pledge To Give All Of His Billions AwayJanuary 17, 2017
- These Are The Inspirational Mantras Richard Branson Is Following In 2017January 17, 2017
- Sears Holdings CEO Has Put Up $1 Billion Of His Money Over The Past Two Years In An Effort To Keep Company AfloatJanuary 17, 2017
- Michael Keaton Had A Pretty Good Reason For Turning Down Third ‘Batman’ FilmJanuary 17, 2017
- Viacom’s Philippe Dauman Made An Insane Amount Of Money For Getting FiredJanuary 17, 2017
- Nas Pays The IRS $3.5 Million In Back TaxesJanuary 17, 2017
- Floyd Mayweather Offered Conor McGregor $15 Million For Their Potential SuperfightJanuary 17, 2017
- PWC: Nearly one-third of Malaysia’s family businesses don’t have succession planJanuary 17, 2017
- Why Harvard is Billionaire University…January 17, 2017
- Affluent U.S. Investors Bullish on Technology and Healthcare Sectors in 2017 According to New Spectrem Group ReportJanuary 17, 2017
- BREAKING NEWS: Bayer Could Pledge Billions to U.S. Investment and New Jobs if Monsanto Deal Wins ApprovalJanuary 17, 2017
- Richard Branson: There Needs to Be ‘Perpetual Revolution’ Within Your BusinessJanuary 17, 2017
- DEUTSCHE BANK: The risk of a full-blown trade war between the US and China is risingJanuary 17, 2017
- The rise of Larry Ellison, the jet-setting billionaire founder of OracleJanuary 17, 2017
- Theresa May ‘seems determined to tank the economy’: MPs react to the Prime Minister’s ‘Hard Brexit’ speechJanuary 17, 2017
- Germany and France are furious with Donald Trump — and he’s not even taken office yetJanuary 17, 2017
- TRUMP: The strong dollar is ‘killing us’January 17, 2017
- China takes the spotlightJanuary 17, 2017
- China’s Oil Collapse Is Unintentionally Helping OPECJanuary 17, 2017
- Vanguard Sees Bank of Canada Following Fed Higher This YearJanuary 17, 2017
- Davos elite in ‘bubble’ so didn’t predict Brexit, Trump, CEO of world’s largest ad agency admitsJanuary 17, 2017
- Globalization hasn’t fixed the gap between rich and poor, top CEOs sayJanuary 17, 2017
- British company’s $49.4 billion deal for Reynolds will create world’s biggest public tobacco companyJanuary 17, 2017
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