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Successor Coaching 
The first step

 

ASTER COOP
March Newsletter

Anything that has to do with people needs to be planned and implemented with patience. It takes time to develop and change people. We all know that succession planning is a key to a sustainable business. However, we get busy with day to day business priorities and forget to lock resources (time, efforts and budget) needed for long term growth. The best place to start is with successor coaching because people are you most valuable asset and competitive advantage.

How do we do it?

We assess a successor’s interests, motivators, leadership competencies and cultural fit. We understand his/her personal aspiration and a business’ needs and goals. Based on all the information, a coach helps a successor create a personal development plan that:

• Aligns his/her personal objectives with the goals of the organization.

• States his/her vision for the organization as well as their own career

• Lays out his/her plans for skills developments and how these skills complement the company strategies and goals

• Serves as guide, sounding board and extra resources to his/her development journey for highly demanding role and bigger responsibilities

How to build a successful team

To begin you need a clear and measurable goal for what you want to accomplish.

Hiring the right people is the most important part of building a strong team and delegating to give give people more autonomy is a powerful motivator.

But managing a team is not that simple, leaders should make sure the team is working well together and remain focused on the right priorities. Once you have a simple plan you have to keep reminding your team of he priorities, even if it can feel repetitive

There are no hard and fast rules for developing the cultural values of a team. As a leader you can take a laissez-faire approach and hope the team meshes well over time. Or you can look for opportunities to set some shared guidelines for how people will work together.

March 2022 Update
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Launch of Versity Partners, a business rollup fund for BIPOC & Women-owned professional service business. We are excited about this fund as it creates low risk high return opportunities for investors, high reward exit for existing business owners and create economic and social impact in underserved communities. Mr. Pradeep Menon joined us as an advisor. We are excited that he believes in what we do: the business model and impact we create. His experience and network will add great value to Versity Partners. 

Please support us by joining as an investor, advisor, and management team members.

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SPIRE Academy, a sport academy with boarding facility based in Geneva, Ohio, now has presence in Korea, Japan, West Africa and Mexico. We continue to expand the global presence so that we can provide an innovative education solution using sports as ways to develop personal discipline, resilience, and team leadership besides the added benefits of brain development.

For details, please see the website.

https://www.spireinstitute.org/

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LATAM Family Office Summit in Mexico City by Alea Global Group March 28 - 29, 2022. We are excited to partner with Alea Global Group and participate in the Summit. We will have a working session on Aster Coop, answering all the questions about family office, what it is, why a family would need one, and how to create one. Leah Zveglich, CEO will be participating in fireside chat about sports as an investment and mental health.

For details, please see the website https://www.latamfosummit.com/. Please follow us on LinkedIn https://www.linkedin.com/company/alea-global-group/

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Upcoming Events

Private Gethering for Impact advocates and investors

Tuesday, April 5 at 5 PM in Upper East Side, Manhattan, NY.

We will have a small gathering of like-minded people who are passionate about impact. For personal invitation, please contact Leah@AsterCoop.com

 

 

SPIRE Academy webinar

Sunday, April 10 at 2 PM Korea Standard Time (GMT+9) via Zoom.

SPIRE Academy webinar for students and parents considering a boarding high school, postgraduate program, or summer program with a focus on sports.

To attend Please sign up: Bianca@AsterCoop.com