FAR March 2016 Flash Newsletter

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FAR March Flash Newsletter

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MARCH FLASH NEWSLETTER

FAR March Luncheon

"The Economic Impact on Reserves"

Tom Galgano and Michael Park (Vanguard Group), Leigh Talbot (CFA Society) and Dennis Gogarty (Raffa Wealth Management) guided FAR members through the risks and dreams of investing in the current economic environment, providing both insight and foresight for executives and board members. Their slides provide a clear and detailed review of their remarks and are available by clicking on the links below.

These are a few highlights -

Tom Galgano suggested a change in where we look for risk: risk exists, not in the events that we can see, but in what's coming after that and urged attendees not to react (or over-react) but to be willing to wait, "to just sit." Other perspectives included a look at emerging markets (disappointed growth), on labor (with 4.8% unemployment, we're reaching capacity), on changes in the Fed rate (consider 2.5-3%) and on returns (think in terms of required rather than desired returns). (slides)

Michael Park urged a disciplined approach after introducing the concept of behavioral investing. Such an approach avoids performance chasing and takes on long-term perspective based on clear goals, a balanced portfolio, an emphasis on minimizing costs and discipline. His conclusion: the best indicator of an investment is cost, not rating. (slides)

Leigh Talbot focused attention on the responsibilities of board members and the role of the executives in guiding new board members through the information and decision making structures of the organization. Begin by looking at the Investment Policy Statement. (slides)

Finally, Dennis Gogarty wrapped up the presentation with an invitation for members to take advantage of the benchmarking program developed by Raffa and available on line. (slides)

FAR Members Smile for the Camera...

FAR Board Member Pam Furneaux (Electronic Transactions Association) & Doug Palmer (St. John's Community Services Foundation)

FAR Board Member Eric West (West, Lane, & Schlager) and former FAR Board Member Andrew Jens (ICCT)

UPCOMING EVENTS

FAR April Luncheon

"Making the Most of Your Leadership"

Tim Tobin, Author and leadership development professional;

2014 Chief Learning Officer Global Learning Award

Registration is Open

Every leader has a story. It is a collection of events, perspectives, and behaviors that represent who they are as a leader. However, you are not the only author of your leadership story. It lives in the hearts, minds, and observations of others. In this highly interactive and practical session for leaders and HR professionals alike, Tim Tobin, author of "Your Leadership Story," introduces you to five keys to understand your story, become the primary author of it and ultimately become a more effective leader. By learning the five keys linking leadership stories to organizational success you'll walk out with the ability to cement your position as a proven leader and drive better results for your team and those around you.

Date and Time:

Wednesday, April 20, 2016 | 11:15 am - 1:30 pm

Location:

FHI360 | 1825 Connecticut Avenue, NW | Washington, DC 20009

Room: Academy Hall (8th floor)

(map and directions)

Please click below for more information on the luncheon and to register.