Avoiding an Expensive Mistake

Posted: 09/16/16

According to Bain & Co. half the private equity firms it studied had replaced the CEOs of their portfolio companies, and more than half (60%) hadn’t planned to. That means those PE firms had made a big, fat, expensive mistake. Bloom Group client FMG Leading, a human capital advisory firm, has developed a proprietary process for assessing the potential of CEOs for PE firms, and in Sept. 2016 we helped them publish an article in HBR, “The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies.