Source: Ocorian Outlook 2024 Report
REPORT
OCORIAN: OUTLOOK 2024
Highlights include:
REPORT
BOTOFF CONSULTING: 2024 COMPENSATION & TALENT PLANNING REPORT
Highlights include:
INSIGHTS
THE ROLE OF FAMILY OFFICES IN STARTUP SUCCESS
Family offices are increasingly prominent in venture funding, becoming active partners in startup growth. Their patient capital and long-term perspective offer significant advantages for startups. Strategic alignment, tailored pitches, and transparency are crucial in attracting family office investments. Despite challenges, partnerships between family offices and VC firms can foster innovation and sustainable growth, highlighting the potential for startups to leverage these entities as strategic allies in navigating the dynamic venture investment landscape. (Ryan Austin for NASDAQ)
INSIGHTS
BENCHMARKING COMPENSATION
Compensation benchmarking is vital for family offices to attract talent, adapt to industry standards, reduce turnover, and ensure fairness, while making data-driven decisions. Benefits include identifying gaps and inefficiencies, ensuring internal and external equity, and aligning compensation strategies with overall business outlook. (Paul Westall for Forbes)
INSIGHTS
THE RENAISSANCE OF FAMILY OFFICES VIA EPM
Family offices face unique challenges and may find EPM convenient to manage such issues. EPM addresses challenges like diverse asset management and regulatory compliance, offering unified views, risk management, and governance support. Key features of EPM systems include budgeting, forecasting, and real-time analytics, and emerging trends like AI can help enhance decision-making and financial management, ensuring long-term success. (Miguel Domingos on LinkedIn)