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Like most people who work in a family office, I was hired for my subject matter expertise.1 But subject matter expertise alone doesn’t prepare you to be a family office leader—not at any level, not in today’s world.
The families we advise require something different from us in these times. They require that we also be leaders who can navigate fast-changing forces in the global economy, complex political, cultural and family dynamics and new expectations from the rising generation of family enterprise owners.
In short, the new secret formula to becoming the most trusted, innovative advisors for these times comes from adding a trust-based leader to our roles as subject matter experts.
The good news is that cultivating leadership abilities—in ...
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