Lessons from Private Equity Any Company Can Use
By (Author) Orit Gadiesh
By (author) Hugh Macarthur
Harvard Business Review Press
Harvard Business Review Press
7th January 2008
United States
Professional and Scholarly
Non Fiction
658.15224
Hardback
136
Width 119mm, Height 190mm
198g
Private equity firms are snapping up brand-name companies and assembling portfolios that make them immense global conglomerates. They're often able to maximize investor value far more successfully than traditional public companies.
How do PE firms become such powerhouses Learn how, in Lessons from Private Equity Any Company Can Use. Bain chairman Orit Gadiesh and partner Hugh MacArthur use the concise, actionable format of a memo to lay out the five disciplines that PE firms use to attain their edge:
Invest with a thesis using a specific, appropriate 3-5-year goal
Create a blueprint for change--a road map for initiatives that will generate the most value for your company within that time frame
Measure only what matters--such as cash, key market intelligence, and critical operating data
Hire, motivate, and retain hungry managers--people who think like owners
Make equity sweat--by making cash scarce, and forcing managers to redeploy underperforming capital in productive directions
This is the PE formulate for unleashing a company's true potential.
Orit Gadiesh is the chairman of Bain & Company and an expert on management and corporate strategy. Hugh MacArthur is a partner at Bain & Company and the leader of the firm's Global Private Equity practice.