12 Tools to run your family office like a silicon valley startup
Family offices have evolved from the mega-money-centric, often hidebound institutions of a bygone era (by which we mean a few decades ago). Today the services offered by an energetic family office more closely resemble those of a life coach/creative director/spin-doctor, than a financial advisor. Tasks, like positioning the family business within a specific area, managing potentially negative ‘press’ or guiding the business to the “next big thing”, are all within the scope of the new family office.
As the sheer speed of change today in virtually every business and communications sphere nears the social equivalent of light-speed, many older family offices have had difficulty keeping their services relevant. Ponderous is definitely out—family offices today need to be light, agile and able to pivot. But it’s a big universe out there: Where and how to begin? Check out the following short list of resources that can help turn your family office from a dinosaur into a veritable Silicon Valley startup.
Internal Communication Tools:
Podio allows for the creation of workspaces for different areas of your business and eases the tracking of tasks, events, and resources while allowing for the creation of custom apps that work the way you do.
Slack is a tool from the startup world that can help you better organize daily communications while connecting to the other tools you frequently use.
Trusted Family is a tool built specifically for managing the many aspects of communications involved in running a family-owned business.
Project Management Platforms
Trello uses project boards, lists, and cards to enable you to organize and prioritize your projects in a manner that suits your organization. Trello can be shaped to fit various different project methodologies and is especially suited for KanBan process management fans.
Monday originated in the advertising world and is a big help with simply visualizing complex project planning.