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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

According to PWC , talent, technology and data will set winning professional services firms apart from the competition. Human experts (talent) – and the knowledge and skills they bring to the table – are responsible for generating business value and differentiating their firm from the competition. Read on to learn more.

Agile 52
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Private Equity’s New Phase

Harvard Business

These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. In phase three, PE firms are not simply holding companies waiting to dispose of the property, nor are they operating companies seeking to integrate their acquisitions into an existing business.

Talent 28
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PE Firms Are Creating a New Role: Leadership Capital Partner

Harvard Business

In phase 3, successful portfolio transformations require financial discipline that is not an event, but a pattern; strategic clarity that is not a direction, but a commitment; operational excellence that is not a tool, but a mindset. LCPs also increasingly participate in fund-raising meetings with deal teams.

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How to Get on the Shortlist for the C-Suite

Harvard Business

Every organization has a slightly different framework of expected experience, but I like to look at this through the lens of strategy and operations. Likewise, I know numerous chief HR officers who have done tours in business, operations, HR, and elsewhere. You can be stronger at one of them, but you need to know how to manage both.

How To 28
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Marissa Mayer’s Departure from Yahoo and the Challenge of Drawing Lessons from an N of 1

Harvard Business

Leading a turnaround requires much more than making a splash. In an age obsessed with the latest competencies, talent signals, and talent identification tools, it is easy to forget the basics, namely that a leader’s experience is a pivotal determinant of his or her effectiveness. Experience (still) matters.

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All Hail Medium-Term Planning

Harvard Business

Now a global giant in the drinks business, just 25 years ago, its precursor, Brahma, was a second-tier Brazilian brewer undergoing a painful turnaround in the hands of acquirer 3G, a São Paulo–based private equity house. A key feature of the turnaround, led by CEO Marcel Telles, was avoiding a hopelessly long-term view.

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The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies

Harvard Business

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. Not seeking CEOs who value talent development. But CEOs at the best-run PE-owned firms we’ve worked with emphasize both recruiting and talent development.

Company 28