Family Office Navigator

THE FAMILY OFFICE NAVIGATOR

Get ready for your fami ly off ice journey | 46

Based on decades of research and practice by experts from IMD Business School and the Cambridge Family Enterprise Group, and based on a global study on different identities and patterns of family offices which was conducted in partnership with the Family Business Network, the Family Office Navigator is an easy-to-use tool that will empower you to take ownership of all the decisions and actions necessary to design and manage an impactful family office. The Family Office Navigator is structured into two main parts, which are further sub-divided into different building blocks that you and your family can work on throughout the book. The following chart provides a visual overview of the Navigator , which also represents the structure of the book.

Your Family Office Strategy House

The purpose of your family office (Chapter 3)

Why your family office exists and how it can help you manage the present and prepare for the aspirational future.

The focus of your family office (Chapter 4)

Defining the different services that you and your family wish the family office to provide, based on the various complexities you have identified in the “Charting your Course” chapter.

The organization of the family office (Chapter 5)

Mapping out the foundations of your family office covering areas such as the structure, resources and governance of your family offices as well as how you can ensure the effectiveness and efficiency of your family office through proper monitoring.