Building a Company That Outgrows You

Building the company that outgrows you

Professionalizing a business means more than procedures or one senior hire. What the research says it takes to build a company that outgrows its founder.

Everyone Underwrites the Plan. Nobody Measures the Team.

Bench Depth for Enterpise Value

Buying a company is an act of belief. The buyer believes the plan will hold, the earnings will grow, and the team will carry both. Two of those three beliefs get tested hard. The third mostly gets a handshake. That third test is management diligence. Here is what testing the earnings looks like. A forensic […]

A Start Date Is Not a Beginning

Leadership onboarding timeline showing the gap between a new executive's start date and the month their work reaches the profit and loss statement.

Leadership onboarding is treated as paperwork. It is really a financing decision. Here is what the ramp costs, and what moving the date is worth.

The Bench You Think You Have

The actual readiness of your bench

In June I argued that the bench is the whole game. That post made the case for depth. This one asks the harder question: succession readiness. Not the person the chart names. The person who could actually do the job on Monday. Most leadership teams can produce a chart with successors on it. Still, very […]

Private Equity Buys Talent. Founders Should Build It.

Hiring for Talent VS Growing It

A report landed this month that every founder should read. Even the ones with no intention of ever selling. Altrata studied more than 11,500 portfolio companies and 60,000 executives. One finding is quiet on the page. Still, it changes the math for anyone building a company. Private equity now fills 74% of portfolio-company leadership roles […]

The Human Capital Risk No One Quantifies

What is Human Capital After All?

Every company has two or three people it cannot afford to lose. You already know their names. So does your leadership team. In fact, you could probably write the list in under a minute. That is not the problem. The problem is that the list lives in your head. Nobody has written it down, tested […]

Soft Skills are the New Hard Skills

SOft Skills are the new hard skill

Ask any executive team what makes their best people valuable. The answers come fast: judgment, communication, composure under pressure. Then ask a harder question. What is your system for teaching those capabilities? Usually, silence follows. Most companies treat soft skills as traits they hire, not skills they build. That assumption just became expensive, because the […]