G2: Building the Next Generation - (Bloomberg Financial) by Philip Palaveev (Hardcover)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br><p><b>Vital guidance to ensuring the future of your firm</b></p> <p><i>G2: Building the Next Generation</i> provides financial advisory firms with a clear roadmap to management succession. Based on the author's 17 years of experience with over 1,000 firms, this book provides a systematic process to help you identify, develop, and install the new leadership that will guide your firm's future. Extensive statistical research backs proven strategies for structuring management and succession, overcoming obstacles, selling equity, and more, while expert guidance walks you through the process and warn you of potential pitfalls along the way.</p> <p>A generation of entrepreneurs used their talent and ambition to build an industry; to ensure that their success lives on, those leaders now face the formidable challenge of succession. With the future of your firm at stake, how do you recruit, train, mentor, and develop the next generation of professionals, owners, and leaders? This book shows you how to find the people you need, and develop them into the leadership your firm deserves.</p> <ul> <li>Identify and develop future leaders from the pool of existing and upcoming talent</li> <li>Structure management and management succession to ensure successful transition</li> <li>Begin selling equity to your firm's next generation of leaders</li> </ul> <ul> <li>Learn smart strategies for dealing with setbacks along the way</li> </ul> <p>The next generation of leaders will shape the future of your firm, but collectively, they will define the future of the <i>entire advisory industry</i>. Firms who succeed in developing their best talent will continue to thrive--those who fail will be left with a great car, but no driver. Getting this right may be one of the most critical points of your career, and it isn't something that should be left to chance or gut feeling. <i>G2: Building the Next Generation</i> gives you a solid, grounded, systematic approach for ensuring your firm's long-lived success.</p><p/><br></br><p><b> From the Back Cover </b></p></br></br><p>The future of the financial services industry is in the hands of a talented and ambitious group of young professionals--G2, the next generation. Whether you pick up this book as a founder of an advisory firm or a professional looking to further your career, you have probably recognized that your future success relies on the ability of your firm to develop the leadership and management skills of its best people. <i>G2: Building the Next Generation</i> is a comprehensive guide on how to accelerate the careers of future leaders of advisory firms and teams. <p>Philip Palaveev uses his personal experience and his work with hundreds of CEOs and G2 leaders to propose a method for improving the ability of professionals to lead client relationships, manage their teams and establish themselves as highly productive owners in their firms. The next generation is already here and it is already reshaping the industry. This book, meant for both founders and G2 professionals, will guide you in the transformation of your firm and your career. <p>This insightful and practical resource will guide firms and professionals on how to: <ul> <li>Establish next generation (G2) professionals as lead advisors who are trusted and relied upon by the client</li> <li>Improve the business development skills of all advisors</li> <li>Train G2s to be managers of their teams and lead vital functions of the firm</li> <li>Transform G2 into better owners and true "partners" in the firm</li> </ul> <p><i>G2: Building the Next Generation</i> is your guide for the continued and sustained success of your firm.<p/><br></br><p><b> About the Author </b></p></br></br><p><b>PHILIP PALAVEEV</b> is the founder and CEO of The Ensemble Practice, LLC, and a recognized expert on the management of financial advisory firms and teams. Palaveev also is a business owner who speaks from the perspective of having built and managed successful businesses. He is the author of <i>The Ensemble Practice</i>.
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