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Why You Should Throw Out the Org Chart

From ThinkAdvisor
Added on August 2018 in Plan for the Future
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Summary:Because many owners don’t understand organizational strategy, they create an organizational chart with boxes and names on it. But this chart sends the wrong message to employees and creates a working atmosphere that prevents businesses from reaching full potential.

Voices Hiring can be a bigger cost than payroll if not done right

From Financial Planning
Added on August 2018 in Plan for the Future
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Summary: Research from Center for American Progress, citing 11 research papers published over a 15-year period, determined that the average cost to a company of turning over a highly skilled job can be more than 200% of the annual compensation for that role once training costs, lost productivity and hiring expenses are counted.

A Major Shift Is Coming in How Advisors Use Fintech

From ThinkAdvisor
Added on August 2018 in Plan for the Future
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Summary: Full integration will overtake open architecture as the theme of the next decade. For years, financial advisors have looked for solutions that integrate, but have been provided with open architecture, which is simply the ability to connect multiple external systems to each other and transfer common information from one system to another without double entry. If we wanted to call this type of connection “integration,” we’d have to call it “loose integration,” at best.

Summer Tips for SUCCESS on RIA Match # 12 Spread the Word

From RIA Match
Added on August 2018 in Plan for the Future
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Summary: For our final summer tip, take of advantage of 3 great ways to get your message out.

Advisers can use online info to learn more about prospects — but should they?

From InvestmentNews
Added on August 2018 in Plan for the Future
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Summary: When you shop online, your web browser tracks your Google searches and which products you click so it can automatically show you ads for related items you may be interested in. Amazon has a similar strategy to provide product recommendations, as does Netflix to suggest what movie or TV show you should watch next.

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