CHAPTER 12SCIE: Sustainable Cycle of Investing Engagement
Contributing Author: Temple Fennell
The SCIE framework guides a family through five steps: establishing Family Values, Framing Strategy, Developing Strategy, Implementing Strategy, and Communication and Learning. During each step the family develops a set of questions that result in clear objectives the family expects to achieve. The more honest and thoughtful families are in designing their questions, the more effective and sustainable the results of the process will be. Good questions lead to good strategy, and hopefully intended results.
The Family Values and Framing Strategy steps address soft issues such as what is the purpose of the new investment strategy, is there a desire to ...
Get The Complete Direct Investing Handbook now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
