We have worked with private equity funds in what could be characterized as an "operating partner" role. The portfolio companies ranged from very mature, slow growth industrial manufacturers to emerging growth companies that were on an upward trajectory.
In addition, Jim has served as a Director at three companies where the majority owner was an investment group.
You want to bring in a consultant...?At the beginning of an engagement, outside consultants are either:
- welcomed with open arms by management...
- accepted, but with a skeptical view by management...or
- met with hostility from a threatened management team
We've experienced all three circumstances.
Obviously, tension and conflict at the beginning of the engagement add to the operational challenges that need to be addressed. However, by applying the principles in the "Approach" section, we are able to gain the respect and trust of the stakeholders, management team and employees and work towards satisfying the goals and expectations set at the beginning of the project.
