Former PE Investor & CEO // Current PE Advisor // Author // ๐๐ฆ๐ญ๐ฑ๐ช๐ฏ๐จ ๐ข๐ฎ๐ฃ๐ช๐ต๐ช๐ฐ๐ถ๐ด ๐๐-๐ฃ๐ข๐ค๐ฌ๐ฆ๐ฅ ๐ค๐ฐ๐ฎ๐ฑ๐ข๐ฏ๐ช๐ฆ๐ด ๐ข๐ค๐ค๐ฆ๐ญ๐ฆ๐ณ๐ข๐ต๐ฆ ๐ท๐ข๐ญ๐ถ๐ฆ ๐ค๐ณ๐ฆ๐ข๐ต๐ช๐ฐ๐ฏ
A massive untapped opportunity in PE: Port-co leadership development. All PE folks recognize the connection between effective leadership and port-co returns. (95% according to Teneo survey). However... <10% we've talked to are actually systematic about developing port-co leaders. Big missed opportunity. My last firm is quietly crushing it with its focus on building great leaders from within. But for the rest... failure to invest in developing your port-co leaders could: โ Make for a weaker pitch to sellers โ Make it tougher to attract top talent โ Lead to employee retention challenges โ Make it tougher to achieve target returns โ Cause more problems to hit the PEGs desk โ Make the PE partner's job more challenging My partner and I have spent the past few months obsessing over this opportunity, and building something really cool for PE firms who are serious about generating stronge performance by building stronger leaders. Details on what we're building in the comments below. โคต๏ธ Thoughts always welcomed!
I agree, but I am confident that only a handful of practitioners understand the massive shift in leadership skills needed in the future. Out of the 15 vendors I polled about changes in their training content since 2020, not a single one could provide evidence of material content changes. Instead, they all focused on delivery changes. This highlights the urgent need for a shift in our approach to leadership training. In our PE space, not only is the content much different, but the critical and aerobic thinking changes needed to be successful in this space are the difference between showing up for Seal training (passing the physical) and ringing the bell. It's rarely the muscle-bound body builders who make it to the finale.
Dan Cremons Love it. Leaders who practice the right technique (eg., systems) relentlessly will โdirect the ballโ where they want it to go.
Former PE Investor & CEO // Current PE Advisor // Author // ๐๐ฆ๐ญ๐ฑ๐ช๐ฏ๐จ ๐ข๐ฎ๐ฃ๐ช๐ต๐ช๐ฐ๐ถ๐ด ๐๐-๐ฃ๐ข๐ค๐ฌ๐ฆ๐ฅ ๐ค๐ฐ๐ฎ๐ฑ๐ข๐ฏ๐ช๐ฆ๐ด ๐ข๐ค๐ค๐ฆ๐ญ๐ฆ๐ณ๐ข๐ต๐ฆ ๐ท๐ข๐ญ๐ถ๐ฆ ๐ค๐ณ๐ฆ๐ข๐ต๐ช๐ฐ๐ฏ
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