Beecher Reagan

If you've not read it already, our PE Operating Groups Report is well worth downloading and digesting. Firms with Operating Groups understand the value creation in the diligence process, exiting 15-20% faster and seeing growth accelerated by 15%. Profile of team composition is typically: 🔵 24% of Heads of Operating Groups have prior PE experience 🔵 12% of all Ops group members have prior PE experience 🔵 51% of individuals have a background in consulting 🔵 and 49% of consulting background is at MBB You're welcome to share or add a comment to get this seen by others in your network who could benefit from the findings.

Are you struggling to find the perfect CEO for your company? It's an important decision that could define the trajectory of your business. According to an article by Boardroom Pulse, there are four primary criteria you should consider when searching for your next CEO: 1️⃣ Intelligence: Look for someone who can assess the economic environment, strategize solutions, and challenge assumptions. 2️⃣ Personality: A good CEO should be cordial, positive, ambitious for the business, and comfortable with risk. 3️⃣ Motivation: The best CEOs are driven not by ego but by the privilege of serving the company and the shared vision they have for it. 4️⃣ Learning Agility: This is all about the ability to adapt to changing circumstances, learn from feedback and mistakes, and transfer knowledge to other contexts. Keep in mind that not everyone is cut out for the role of CEO, but knowing a good one when you see one can reduce costly turnover and contribute significantly to the company's success. What do you think? What qualities do you value most in a CEO? Would love to hear your thoughts in the comments below. https://lnkd.in/gTg3kiA8 #Consulting #CEO #Leadership

Are you seeking leaders who not only understand your business goals but can genuinely transform your vision into reality? At Beecher Reagan, one of our specialties is in placing outcome-based leaders who thrive in both private equity fund and portfolio levels, focusing on areas critical to your growth, such as operational excellence, digital transformation, and strategic cost management. 🌟 Our approach is simple yet effective. We connect businesses with leaders who have a proven track record of creating value across essential business levers—be it driving top-line revenue growth, streamlining operations for excellence, or initiating cost-cutting measures to fuel further growth. 🎯 What makes us different is our network. Our solid foundation in private equity grants us access to a vast network of transformational leaders who can propel any company forward. This network, enriched by over 70% of our placements from direct or personal introductions, ensures we're always within reach of the talent with the unique DNA to drive significant change. If you're interested in learning more, visit our website: https://lnkd.in/g5-Wa2-Z #PrivateEquity #Leadership #Recruitment

🗣 "Artificial intelligence absolutely lends itself to the investment management industry but so does human interaction and active management in the traditional sense." Wealth managers are increasingly turning to artificial intelligence to enhance their investment decisions and improve efficiency, according to this thought-provoking piece by Joseph Wilkins in FT Adviser. Wilkins covers how firms like Quilter Cheviot, EBI, and Tam are incorporating tech into their everyday work, from streamlining portfolio reviews to being aware of misinformation derived from a flood of autogenerated responses without rigorous fact-checking in place to addressing greenwashing concerns. As AI continues to evolve, it's reshaping how wealth managers approach their work. What role do you think AI should play in investment management? 💬 https://lnkd.in/gKTqCqMb #WealthManagement #AI #Investment

Business leaders must not just keep pace with tech trends but also pilot the ship. Do you agree? Technology is at the forefront of any business’s innovation and success, but to successfully implement the right technology, you must be one step ahead of the crowd. Luckily, many industry experts can help you decipher which trends are worth following and exploring and which ones you should abandon. This Forbes article shares some of the tech trends to ditch and which to carry forward for the rest of 2024. ❌ All-in-one systems: According to the article, your business needs tailored solutions designed for it, so while all-in-one systems look convenient, they’re not always practical with your rapidly evolving demands. ❌ Disparate AI application: While everybody is still figuring out AI, the article states that the worst thing you can do for your business is to encourage your departments to use any type of AI. Instead, it would be best to establish guidelines on which AI tools to use and how to deploy them. ✅ No-code and low-code: Platforms that require no-code or low-code, such as AI, machine learning, or the Internet of things, with user-friendly interfaces and drag-and-drop tools, enable more rapid prototyping and accelerated solution deployment (even for those who can’t code).   ✅ Re-engineered products/services: People want brands to portray real life, not a perfect life, so re-engineer products and services with an emphasis on quality, craftsmanship, and storytelling and ensure you embrace authenticity. Want to keep ahead of the curve in your industry? Discover more about these tech trends here: https://lnkd.in/gpRRAB-7 #Technology #TechInnovation #ProfessionalServices

Are you ensuring your leadership team is as forward-thinking as your business aims to be? It's a common scenario: companies that push the envelope on innovation still tend to cling to the comfort of stability when it comes to their C-suite. This cautious approach, however, may not always serve them well in today's swiftly changing business environment. This very stagnation can extend from the leadership team down through the ranks, affecting the entire company's efficiency and growth potential. So what's the solution? A strategic refresh of your C-suite might be in order. Understanding how to realign your top executives' roles and responsibilities could be the key to unlocking greater organizational achievements. This article illuminates this topic, offering actionable steps for revitalizing your leadership team and ensuring they're equipped to lead boldly and effectively. Whether you're considering introducing new roles or simply empowering your current leaders in new ways, this read might offer the perspective shift you need. What strategies are you using to ensure your leadership team remains at the forefront of innovation and efficiency? https://lnkd.in/g22JhgMp #Leadership #CSuite #ExecutiveSearch

How organizations approach hiring for tech roles is changing. Here are the soft skills needed to help you stand out. ⬇️ It’s predicted that over 90% of worldwide organizations will be feeling the effects of an IT skills crisis by 2026. To fill these essential gaps, employers are shifting from focusing on candidates with the right degree and experience to those who can demonstrate the soft skills and personality traits needed to thrive in the changing tech environment.  With this in mind, here are the soft skills you should be highlighting in interviews and applications if you want to stand out. Where possible, demonstrate your ability to: 🔴 Consider strategic vision  🔴 Think broadly  🔴 Motivate and empower others 🔴 Monitor markets and competitors 🔴 Consider financial impact 🔴 Drive continuous improvement 🔴 Apply functional expertise 🔴 Negotiate well 🔴 Show empathy and understanding 🔴 Learn and develop quickly Is there anything else you’d add to this list? Read more here: https://lnkd.in/eKyY4Dqs #Technology #SoftSkills #Hiring

There’s never been a better time to be a CIO... Here’s why. There’s been a lot of movement for the CIO role in recent years. No longer just the person responsible for keeping the computers and technology running, CIOs now have a key role to play in business strategy and in collaborating with other departments. When Forbes spoke to Anjali Shaikh – managing director and US CIO Program Experience Director at Deloitte – this is what she had to say: “I see, from my perspective, the CIO heading up all the various tech roles that we’re seeing pop up. There is going to be this need for somebody to lead how all this technology-related capacity or capabilities within the organization is managed [and] aligned to drive business strategy. That role is going to be elevated. I have a hypothesis that we’re going to see more CIOs take on business roles. We’re already seeing that with CIOs taking on chief commercial officer roles or even P&L roles. I don’t think it’s too far-fetched to see more CEOs with that technology background as well.” What do you think? Have you noticed the CIO role shifting? You can find more of their conversation in Forbes’ July newsletter: https://lnkd.in/gKwS_ery #TechInnovation #TechLeader #ExecutiveSearch

Did you know that 67% of organizations say at least one of their board members has experience in a technology leadership role?  However, there are still gaps in how well the board and technology leaders connect on technology topics.  In fact, only 36% of board members report having complete confidence in their technology leaders, and more than four in 10 C-suite executives say their board’s oversight of technology matters is insufficient in scope or depth. That’s why it’s essential to focus on how CIOs and technology leaders can help elevate boardroom conversations.  So, how can CIOs and tech leaders do this? Here are some actionable techniques to try and drive more effective technology conversations in the boardroom: ✔️ Translate technical jargon to business needs – Technology leaders must simplify and present technological concepts in a way everyone understands. ✔️ Partner with the CFO to better articulate technology’s impact on the business – Board members want to understand the technology function’s contributions, financial implications, and risk terms, so working closely with the CFO can help tech leaders achieve this. ✔️ Consider a consistent structure for reporting and benchmarking – Creating a consistent set of technology metrics aligned to business outcomes ensures transparency around technology spending and how it links to strategic goals. ✔️ Engineer deep-dive technology sessions – Deep-dive technology sessions help CEOs and board members better understand emerging technology trends and thus have more information to make informed decisions. Check out the full article to learn more about these five techniques and get insight into more approaches: https://lnkd.in/gYGWV2b7  #Technology #CEO #CIO #TechLeader

We invite leaders of professional services companies and technology services companies to join us for this live call on 9 October. Scott Ratliff of Beecher Reagan will discuss the role of commercial leadership in professional and technology services companies - and help you take the decisions today that will position your business for future success. See the events page for full timings and registration: