MAY 2021 | VOL 5

The Future Of Professional Careers

Once upon a time... before Google, before electronic computers!

Information needed to be stored somewhere. Otherwise, how would humanity have sustained laws, customs, historical records, business transactions, etc?

But how did someone retrieve that information if they needed it?

Perhaps the local library, archive, court, or maybe companies house! But how would you know where to look

Imagine going to a library with 5000 books with no organisation? It wouldn’t even be worth looking for it.

Humanity needed other “organised” people, clerks, bookkeepers, record-keepers, accountants to help us sort, manage and retrieve this data or information. Even your doctor, lawyer or banker would need to understand how to retrieve information. 

As technology improved, so did the sophistication of these activities as well as the income of these “organisers”.

But the key was that these “organisers” were now reprogrammed to stop thinking “creative ” 🧠🛑 but to think as an “organiser” should.

The problem came when people didn’t need the organisers anymore to sort, order or retrieve their information. And they didn’t know how to become "creative". 🧠

• How smart contracts will remove the need for notaries? read this blog

• 11 high-income skills you can teach yourself in 2021

• 10 emerging careers that will dominate the future of work

• What is the Blue Ocean and why you need to know about it?

American industrialist, philanthropist, and private entrepreneur, John D. Rockefeller Sr., is often referred to as a crucial figure in the history of family offices. Co-founder of the Standard Oil Company, he controlled approximately 80% to 90% of the worldwide oil industry by the end of the 19th century. 

In 1882, Rockefeller established an office of professionals to organise his complex business operations and manage his family’s growing investment needs. This office would manage his wealth as an investment portfolio instead of singular business entities, and his assets were consolidated under the Standard Oil Trust.

This institutionalised setup is generally considered the first modern single-family office, although it was never referred to as a ‘family office’.

Check out this video for more information on Family Office 

➡ What is a Single Family Office? - A History and Definition

• August Borgstrand joins Geneva office.  ➡ Connect with August

• Meet the Private Wealth & Family Office Advisory Committee. ▶ Click here 

• A study between the Private Wealth & Family Office Association with the Haute Ecole de Geneve (HEG) called “How to export Swiss professional expertise and training skills in Wealth Services to emerging economies” to be presented the first week of June 2021. 

• Interactive Tuesday sales webinar being trialled.  Contact us for more info 

•  New website.  We are excited to announce the launch of our brand new website! After months in the works, I’m happy to officially share it with all of you.   

• Geneva training centre open for business in Champel.

  Let's meet!  we are at the following address: 37/39, Avenue Dumas, Geneva 1206, Switzerland. 

  The General Manager for Geneva is Willfrid Mallasagne.  ➡ Connect with Willfrid  
     

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