Management Teams and Organisation Issues in Private Equity Investments
- Start Date:
- 23. September 2019
- Finish date:
- 12. May 2020
- PE360 - 05LON
- 5994.00 GBP (VAT incl.)
Management Teams and Organisation Issues
in Private Equity Investments
1-Day Executive Education Training Programme
This course is available on an in-house basis only - To have this delivered for your team, please contact us.
Pricing is from GBP4995 + VAT (where applicable) for a group of up to 8 attendees
For bigger groups or for training delivered outside London, please contact us for a quote
This workshop will equip participants with a general overview and practical tools to help them understand – and deal with - the range of management and organisational issues which investors need to deal with across the life cycle of an investment. In particular, it will provide a framework for assessing managers (both in-post and candidates) and teams, as well as identifying organisational effectiveness levels and how they can be improved. The sessions intend to show that, whilst such issues may be unfamiliar for financially-trained investors, and can appear complex, they can be approached in disciplined way that produces superior outcomes. Given the nature of the material, the course will be highly interactive.
Dr. Mike Hicks has been involved with private equity for the last 21 years as an LP and a GP, an adviser to business owners, a writer of research reports on the PE/management relationship and, above all, an adviser to PE investors on handling management and organisation issues pre- and post-deal. He has been involved in hundreds of situations across multiple industries and varying geographies. To read Mike's full profile, please click here.
This course is aimed at:
• Private equity professionals
• Investee managers
Key Learning Outcomes:
The course is intended to assist attendees significantly raise their level of capability in dealing with management and organisation issues in investor-backed companies, both pre- and post-deal. Attendees of this high impact 1-day course will gain an understanding of:
• How – and to what degree – management issues impinge upon investor decisions and returns.
• The wide range of factors which affect individual, team and organisation level performance – and how to approach them in the right way.
• The different types of interactions investors have with management teams and how to improve them.
• The key skills, tools and templates to deal with a variety of typical situations in a structured and confident manner. Ways to make ‘invisible’ management practices available for discussion and improvement.
• How simple practices can reduce risk, improve overall performance – and reduce the headaches investors experience in dealing with these issues.
• How to be better buyers and beneficiaries of any outside support you may get from recruiters, MDD providers or post-deal advisers.
Pre-Requisites: The course assumes decent knowledge of private equity activity, some exposure to general management books and, ideally, at least some stock of business experience and war stories. There will be a pre-course questionnaire to help benchmark attendee organisation practices against other firms.
• Introductions, reviewing individual objectives and comparing experiences.
Why are management/organisation issues important for investors?
• Some data and anecdotes on the costs of failure and the implications of performance variations in management quality and practices.
The factors which drive individual, team and organisational performance
• An overview of the ‘hundred factors’ – and how to deal with the complexity.
• Why surprises happen – and why organisations often have low effectiveness.
Thinking about these issues
• The ‘what’ and ‘how’ of performance.
• The evidence gap; the knowing-doing gap and the talking-behaving gap.
• Quantity matters.
• Bangs and bucks.
Investor-management interactions and how to improve them.
• Situations and interactions across the deal cycle.
• Quality and quantity of internal efforts – what other investors do.
• Dealing with 3rd parties.
• The views of management about investors.
The key skills for learning about individuals, teams and organisations
• Mapping the business needs – with exercise.
• Using and combining methods – with exercise.
• Calibrating and synthesising what has been learned – with exercise.
Rules of thumb
• What evidence and experience have revealed about key aspects of managerial performance for investors and more generally.
Specific applications and techniques – three cases
• Recruiting a sales director.
• Assessing a management team during a deal.
• Diagnosing an under-performing organisation.
How to learn more and improve your skills
Final Q&A on areas of particular interest
Given the nature of the material, the course will be highly interactive and high delegates participation is required.