Enjoy this series of shorts on Leadership from Jim.
Most successful mid-size businesses (MSB) grow past their autocratic leader. Survivors adapt adeptly. Slow sinkers hang onto the model that’s always worked in the past. The choice to adapt or to sink is illuminated whenever a decision looms. A “looming” decision has these elements:
Yes, we looked perfect in the CFO Ed Talks but there were a few mess ups! We hope you have as much fun watching as we had filming. To view the trailers or learn from our suite of full videos click on: CFO Ed Talk
In this article Larry is speaking directly to Private Equity General Partners from his perspective as the CEO of numerous PE backed companies. These concepts are important for incumbent CFOs to grasp; first, to learn how to survive in a PE backed company and, second, to learn how to help make a PE backed company thrive.
PRIVATE EQUITY INVESTMENT CONTINUES TO EXPAND, WITH INCREASING NUMBERS OF INVESTORS LOOKING TO REALIZE ABOVE-AVERAGE RETURNS.
But the pre-acquisition stage can be extremely challenging, especially for general partners who will be actively involved in growing the company to achieve the expected returns.
If you achieved your goal only 30% of the time would you consider yourself a success?
Less than 5% of batters in major league baseball get a hit (a positive outcome) in more than 3 of 10 at bats. In 2022 the best batter in baseball achieved his goal less than 33 out of every 100 at bats.
There are stark contrasts between the role of a batter (also called a hitter) and the role of a senior finance executive.
