When trying to establish Cultural Fit, you must first think about your own culture. Defining your own organisational beliefs and the ideal qualities the ideal hire might possess.

It is important to look at the gaps missing in your current resources, not simply from an academic and skills perspective but also exploring the likes of Emotional Intelligence (EQ), personality and diversity of thought. You need to identify what characteristics you could benefit from whether that is an analytical profile to scrutinise your commercial decisions or an empathetic mindset to tell you the impact they might have on other stakeholders.

You need to then think about your purpose, beliefs and behaviours. From Investment Banks and compete-orientated cultures to smooth-sailing Family Foundations, purpose dictates culture. An investment driven Family Office which incentives aggressive risk-taking cannot host the same culture as a Family Office focused on philanthropy. Bringing your objectives into the culture defining process will help you, as will looking beyond the jurisdictions of the role and focusing instead on how this hire might also fit in with the Family behind the Office.

Are there idiosyncrasies belonging to your family that may impact the person required to fill your next position?

With the line between Family and Office further blurred through the pandemic, it is even more important to ensure your next hire can fit perfectly into your family as well as your team.

In this section of our Cultural Fit Report, we help you to navigate your way to defining your culture with the help of the Organisational Culture Assessment Instrument, theorised by Cameron and Quinn in 2006.

We have interpreted the quadrant to reflect the Family Office environment and help you reach a conclusion of which of the four top cultures your Family Office falls into. The Clan Culture, The Adhocracy Culture, The Hierarchy Culture and the Market Culture.

There is no right nor wrong culture and simply reaching this conclusion will help you decide who best suits that environment. Download our report to find your culture.