February 12, 2018 — “Planet of finance is changing the game by offering financial professionals, whether they are independent or employed within a financial institution, a unique solution to acquire new customers, increase growth drivers and decrease compliance costs thanks to a RoboComplianceOfficer" announces Olivier Collombin, Partner and founder of the site.

Since opening the new Business Corner, professionals have quickly understood the advantage of this new space to raise funds, promote their products and find opportunities for mergers and acquisitions. 

With professional members in 63 countries managing more than USD 13 trillion in Assets, Planet of finance is the largest digital marketplace dedicated to wealth management. 

Full Press Release

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3 Reasons Why Hiring Older Employees

Is A Smart Decision

In the 2015 movie The Intern, Robert DeNiro starred as a 70-year-old widower who returns to the workforce as an under-appreciated and seemingly out-of-step intern working for a young boss played by Anne Hathaway.

Initially, Hathaway’s character can’t quite relate to this baby boomer who ditched retirement out of boredom, but by the film’s finale she comes to appreciate his skills and experience.

In real life you’re unlikely to encounter many septuagenarian interns, but it’s not unusual for people to re-enter the labor market or launch new careers when they are well into what was once considered retirement age.

And that can be good for businesses that are willing to take advantage of all those decades of hard-earned experience, says Andrew Simon, a partner in Simon Associate Management Consultants (www.simonassociates.net) who himself is in his 70s..

“Starting a new career after 60 is not for everyone,” Simon says. “But it can be rewarding for those with energy and commitment levels that are high, and who are willing to learn new skills and keep up with the constantly evolving technology.”

The question is whether businesses will balk at hiring workers who, in many cases, are old enough to be the parents of the people supervising them. Sure there are downsides, Simon says, but the upsides can be tremendous when it’s the right fit for the right person.

He says a few things businesses should keep in mind as they weigh whether to hire older workers include:

• Experience counts. Baby boomers come to the table with a whole set of experiences, including 30 or 40 years of interpersonal people skills that make them more adept at dealing with unique situations or different types of people. “On the flip side,” Simon says, “some of them could lack the technical skills that we take for granted in today’s workforce. So, be careful what you are asking them to do.”
• Self-motivation. The odds are older employees will be self-motivated. “If these potential workers would like to join an organization or start a new career after 60, they probably like the idea of work,” Simon says. “They need to do something every day. Perhaps they view their job as intellectually stimulating.” You do need to make sure of their motivation, though, he says. If they’re just working for a paycheck, that might not cut it.
• Different age groups have their own behaviors. Baby boomers often have a very different set of values than millennials. “Different things motivate them,” Simon says. “The culture of an organization is very important and can be tricky. You want to make sure these older workers have an opportunity to thrive in your new environment.” While it’s best to avoid stereotyping the generations too much, in general baby boomers tend to be productive, loyal to the company, willing to put in long hours to get the job done and prefer to have conversations in person.

“Companies that pass on hiring older workers risk missing out on people who could become some of their most valuable employees,” Simon says. “Age shouldn’t be the issue. Instead, as with any hire, the issue is what skills and experiences each of these people can bring to the workforce.”

About Andrew Simon

Andrew Simon, a partner in Simon Associate Management Consultants (www.simonassociates.net), has had a 50-year career as a senior executive. He founded and ran Questar Assessment Inc., the fifth largest K-12 summative assessment company in the U.S. As a serial entrepreneur, Simon also developed and ran businesses in real estate development and did start-ups inside larger corporations, such as Citibank, Bankers Trust, Norcliff-Thayer and Lederle Labs. Earlier in his career he was part of a team that launched L’Oréal into the consumer-products arena. Simon also is a trained and certified Innovation Games® facilitator and has conducted more than 50 client engagements using Innovation Games methods.

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RESPONSE to Interior Department decision to eviscerate methane waste rules

After failed attempt to lobby Congress, Secretary Ryan Zinke rips off taxpayers on his own

DENVER—The Bureau of Land Management today announced it would effectively eliminate its Methane and Waste Prevention Rule, which limits flaring, venting, and leaks of methane from oil and gas operations on public lands. In response, the Center for Western Priorities released the following statement from Advocacy Director Jesse Prentice-Dunn:

“Effectively eliminating a policy that reduces natural gas waste, saves taxpayers money, and gives Westerners cleaner air to breathe would normally be unthinkable. Unfortunately, Secretary Zinke has made it clear he will do anything for oil and gas lobbyists, taxpayers be damned.

“Secretary Zinke personally lobbied U.S. senators to kill this rule, but he failed, with the Senate voting down a proposal to do just that. It appears the secretary is hellbent on finishing the job himself. We are now going back to a time when oil and gas companies could waste publicly-owned natural gas at will with no repercussions.”

LEARN MORE

• Secretary Zinke’s briefing materials show calls to U.S. Senators urging them to support a Congressional Review Act resolution to eliminate the BLM methane waste rule (call notes on pg. 24, calendar notices on pgs. 14, 16, 17)

• Trump administration’s energy and public lands priorities are unpopular in the West

• The Zinke Doctrine: Make public lands hard for the public to use, easy for industry to abuse

• One-sided: Efforts to eliminate methane waste rule based on shoddy industry-backed analysis

• Major lobbying groups join Koch-backed effort to allow more natural gas waste on public lands

For more information, visit westernpriorities.org. To speak with an expert on public lands, contact Aaron Weiss at 720-279-0019 or aaron@westernpriorities.org.