Managed Portfolio Academy
Module 5 – Seven simple steps for implementing managed portfolios
Step 6: Communicate and implement strategy
- Transparency – Are clients aware of the impending move to a renewed business model and system?
- Have you reinforced and clearly articulated your vision, strategy, plan and future-state benefits of your businesses transition to managed portfolios to staff, stakeholders and service providers?
- Can all staff clearly explain why the business model is changing and the benefits?
- Have you prepared material to assist your team in the communication process?
- Have you identified a few select clients to pilot a ‘Test run’ to identify any unforeseen issues and assess your communication effectiveness?
- Do you feel prepared and ready to start executing the plan?