CEO capability within PE portfolio companies is such a valuable and sought-after asset. See our HBR article on this topic below.
In the fight for CEO talent, PE firms shouldn’t overlook this crucial aspect of management due diligence ⬇ Defining what a successful leader looks like. When asked which leadership characteristics are most important for a portfolio company’s management, Kilberry’s research found that the attributes investors and portfolio companies rated as most important were among the least important for the opposite party. This was also true when both parties were asked what defines a successful PE investor. These findings emphasize the need for PE firms and prospective CEOs to have up-front discussions to align on what success looks like and ensure they can meet each other’s expectations. For more insight into establishing productive private equity partnerships by Kilberry’s Navio Kwok, Ph.D., Katherine Alexander, Ph.D., and Richard Davis, Ph.D. published in Harvard Business Review: https://lnkd.in/g_2iSiDF For more on how PE firms are poaching C-suite talent from public companies by Geoff Colvin in Fortune: https://lnkd.in/e4wbPkpS #PrivateEquity #CEO #DueDiligence
