40% of PE executive hires leave within 18 months - an expensive mistake, which impacts growth and exit value. Is this familiar to you?
Highwire has drawn on 15 years’ experience of the PE mid market and proprietary research and extracted 8 key talents that differentiate the great from the good. There will always be different requirements for different businesses over their lifecycle, but these 8 stand out as consistent.
What do the business leaders and academics say about Private Equity? Here are some of the key points.
1. The ability to build a high-performing team was the top-ranked attribute in a recent study of 32 PE firms (Harvard Business Review, June 2016)
2. In corporate roles, the imperative is to achieve 2-3% growth year-on-year; in PE, the need is to double the size of the business in 3 – 5 years; CEOs making the move from Corporate to PE must be able to change their mindset and their skillset (Highwire)
3. Understanding how PE works was deemed the most important requirement by first time portfolio CEOs (What it takes to Lead, Eric Leventhal, January 2014)
4. Private Equity’s relentless commitment to exit forces managers to develop a healthy sense of urgency about creating value (The Boston Consulting Group)
5. “Resilience is a must” (HBR, 2016)
At Highwire, we distinguish the great from the good, and help you to invest in people and businesses that will deliver value at exit.
Call us to find out more on 020 8332 6937
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