RT Journal Article
SR Electronic
T1 Three Rookie Mistakes Experienced CEOs Make in Managing a Private Equity–Backed Company
JF The Journal of Private Equity
FD Institutional Investor Journals
SP 35
OP 37
DO 10.3905/jpe.2016.20.1.035
VO 20
IS 1
A1 Bob Damon
YR 2016
UL https://pm-research.com/content/20/1/35.abstract
AB This article provides a top-line analysis of mistakes new CEOs, with deep Fortune 1000 company experience, make in running a private equity–backed company. The three mistakes include the following: #1—CEOs don’t understand the meaning of constant communication with the board; Mistake #2—the CEO does not have a strong bias towards action; and mistake #3—the CEO must drive results before infrastructure.TOPICS: Private equity, manager selection, equity portfolio management