A thoughtful article here on using “the Domino effect” in your business…or how to fix the one thing that will fix many other things as a consequence. It will help you look at your business efficiency from a different perspective…
Information, ideas, tips…the articles for professional advisers which I spotted this week that generate fresh thinking or a deeper understanding of issues are provided here as a quick readers digest for professionals who are looking ahead.
These are the highlights from the week that you should stop and read, as they are the best I’ve seen.
There is so much good information for professional services made available each week, much of which I share, that it is very easy to forget to pause and reflect.
Each week I select the best handful and give them Tony’s BIG Ticks as being the ones that made me pause and reflect, or think further. They are sometimes thought-provoking, perhaps insightful, maybe a great sales or marketing idea or sometimes just incredibly topical.
This feature article on @MichaelKitces blog is undoubtedly one of the best pieces I’ve read for quite some time on how to improve the marketing of an advisory firm.
Just read it….you won’t be disappointed.
Brilliant synopsis of how to charge and get paid a fee for working out what your actual fee will be. Sound complex? No way…it is about separating the due diligence or quoting process form the actual implementation process…and being valued for each component…
“Why should a family business recruit non-family talent, and in particular a non-executive director (NED)? The answer lies in three areas—fresh perspectives and breadth of experience, independent oversight and constructive challenge, and performance.
Independent research commissioned by the Institute of Directors found that the NED contribution added value to the firm with most believing the NED role improved profitability.
We have put together some questions to help you consider the type of non-executive director you need for your business and some interview questions to help you recruit the right candidate...“
For any advisory firm looking to improve its governance structure beyond the immediate owner, this is an excellent overview of the issues and questions to consider.
A far more strategic approach to developing all round knowledcge and skills is lifting the experience and success of internship programs…