Mike Richardson’s Post

Misalignment on exit expectations can lead to value-destroying friction between CEOs, boards, and investors. Regular exit talks - at least once a year -help to: •  clarify strategic objectives and align exit timing •  assess the business’s real value and define a compromise timeline •  review investment agreements and explore alternative exit strategies Regular and proactive exit talks foster trust, prevent wrong decisions, and maximize value for all stakeholders. Practical considerations for such exit talks are included in this article.  #ExitStrategy #ExitReadiness #BoardLeadership #CorporateGovernance https://lnkd.in/e-jsaJA7

Private equity firms are known for their ability to rapidly evolve organizations toward growth, profitability, and value creation. In a recent episode of Inside the Strategy Room, McKinsey Canada's John Kelleher and New York's Radhika Ray discuss insights and strategies from private equity that can help CEOs improve their organizations’ performance. Listen here 🎧➡️https://mck.co/49IAOF5

Would you like to have 9% or higher revenue growth compared to other companies in your industry? Research shows that the leaders of companies with higher revenue growth are often members of a peer advisory board (or mastermind group) where they utilize the collective wisdom of their peers to make better decisions and do so in less time. The RI CEO Council’s Accel Advisory Boards are designed specifically to address the unique needs of the leaders of small, medium, and large businesses in the greater Rhode Island area. Accel Advisory Boards are ranked as best in class—providing the highest ROI (compared to other peer advisory organizations) because Accel Advisory Boards incorporate the best practices and most effective elements used by other peer advisory organizations while requiring less time and financial investment. Learn more our website at: https://lnkd.in/edHRa9yS

The conversations that came out of our M&A panel event last week were refreshingly honest and struck a chord with everyone in the room. Louise (Lou) Higgins stated that everyone goes into a M&A with the best intentions. The reality though is that when performance and predefined strategies start to erode or deviate and the numbers aren’t adding up, the pressure mounts resulting in people and culture not being prioritised and trumped by the need for return on investment and fear of failure. Old metrics (like ROI) are familiar, and amplified by how much has already gone into the deal to ensure all commitments are met. One contributing factor is that Australian culture is more conflict avoidant than we recognise. We have a culture of “likability”. Not seeing the big picture to begin with, skills, capability, too much focus on the deal, not on the people who are executing the deal. In addition an audience question and the subsequent retort - how do we measure culture/ there is no place for it in the data room. We heard from Pierre de Villecourt on the VC side where it is clear that first and foremost the numbers have to stack up both through due diligence and through integration. In addition if we lean into a deal and we are having to absorb previous DE&I quotas it's not always helpful... The right people have to drive the outcomes being sought. While Michelle Price brought to our attention the Corporations Act, which is solely focused on acquisitions aspects of the deal and in doing so has no or very little accountability for post merger activities and in particular the effects on the Human asset. So how can we improve the people side of the equation and consequent value multiplier? Communication, vulnerability and matching the solution to the problem space. Putting the humans at the heart of the deal from the beginning and keeping them there. If things go south, how can businesses course correct before it’s too late? They need to call it early and take affirmative action rather than just retreating back into the numbers. What were your biggest takeaways? Let us know in the comments 👇 #MergersAndAcquisitions #PeopleCentred #ROI #BusinessStrategy #Event Paul Rush Fiona Vale Humanico

🚀 Exciting Announcement: Launch of the M&A Roundtable! 🚀 We're thrilled to introduce the M&A Roundtable, an exclusive community for seasoned M&A advisors and investment bankers. This isn’t just another networking group—it's a confidential space where industry experts can connect, share insights, and enhance their practices through in-depth discussions on the latest trends, challenges, and best practices in M&A. 🔹 Why Join? - Gain fresh perspectives from experienced peers - Solve deal challenges through shared expertise - Enjoy a confidential, video-optional format With spots limited to 10 members per session to avoid competition, this is your chance to expand your network and elevate your practice in a highly focused environment. If you’re an M&A professional looking to stay ahead of industry trends and refine your strategy, I invite you to apply and join the waitlist. https://lnkd.in/gZhqyRmw 👇 Your Feedback Matters. I’d love to hear your thoughts on this initiative. What topics or challenges would you like to see discussed? Drop a comment or message me directly with any feedback or suggestions. #M&A #InvestmentBanking #BusinessDevelopment #Networking #ProfessionalGrowth

🌟 **So, your company is going public! What’s next?** 🚀 Taking the leap into an IPO is a massive milestone, but it’s just the beginning of a new journey. Here’s what to expect as you transition into life as a public company: 1. **Increased Transparency**: Get ready to open your books—shareholders and regulators want to see those quarterly reports! Clear communication is key. 2. **Accountability Goes Up**: Your decisions now affect public shareholders, not just your internal team. Expect more scrutiny, but use it as fuel to stay sharp and focused. 3. **New Growth Opportunities**: With public funding, you can scale faster—but make sure you have a solid growth strategy in place to keep things on track. 4. **Cultural Shift**: The transition will impact your company culture—stay true to your values and keep your team aligned through this new chapter. 🔑 **The best advice?** Plan ahead and surround yourself with experienced advisors to help navigate this new terrain. Going public is just the beginning—stay grounded and focus on sustainable growth! #IPOJourney #BusinessGrowth #NewBeginnings

What can Listed companies learn from Private Equity? 🤔 Despite strides in diversity & risk management, public boards still resemble those of 50 years ago. Private equity embraces an entrepreneurial model, co-creating strategy and shaping culture. Here are some key principles from PE that help make for more effective boards; 1. Participate in strategy creation. 2. Build trust through collaboration. 3. Shape company culture by engaging with employees. 4. Share information actively. 5. Embrace diversity of thought. 6. Develop future leaders proactively. Camino Search are actively supporting a number of PE investors across Europe and the US to bolster boards & management teams through our Interim, Permanent and Board Advisory practice! 💼 #InterimManagement #PrivateEquity #CorporateTransformation #Listed

We have a long history of helping private companies become public company ready. Interesting article in Harvard Business Review about what public company boards can learn from the more hands-on, entrepreneurial and collaborative governance approach of many private equity (PE) boards. Oftentimes formed by former CEOs, “PE owners recognize the value of a more collaborative model in which directors — often former CEOs themselves — can work more closely with management to drive transformation and results more efficiently.”        Thinking about going public? We can help. Reach out to our team of strategic communications professionals. ➡️ https://lnkd.in/dacyM5mg  #PrivateEquity #StrateticCommunications #InvestorRelations #Business

The Impact of IPOs on Company Culture and Operations Understanding the Transformative Effects of Going Public: 1. Increased Scrutiny: Post-IPO, companies face greater scrutiny from investors, analysts, and regulators, creating a high-pressure environment. 2. Operational Changes: Companies must adapt to increased regulatory compliance and rigorous financial reporting, adding complexity to operations. 3. Cultural Shifts: The shift from private to public often requires greater transparency and accountability, impacting internal dynamics and employee morale. 4. Decision-Making Processes: IPOs formalize decision-making with an emphasis on governance and compliance, leading to more structured processes. 5. Employee Stock Options: Stock options align employee interests with company performance but can also create anxiety due to stock price volatility. 6. Talent Acquisition: Increased visibility and potential financial rewards from an IPO can attract top talent, but the high-pressure environment may increase turnover. 7. Strategic Focus: There is often a shift towards short-term performance to meet shareholder expectations, which can challenge long-term growth strategies. 8. Innovation Culture: The pressure for immediate results can stifle innovation if not balanced with long-term R&D initiatives. 9. Governance Structures: IPOs necessitate stronger governance, including independent board members and audit committees, enhancing oversight and accountability. 10. Maintaining Core Values: Companies must reinforce their core values and maintain open communication to preserve culture during the transition to a public entity. #Finance #IPOs #BusinessGrowth #CompanyCulture #Leadership #StockMarket #CapitalMarkets #CorporateGovernance #2024Trends #LinkedInLearning

Unlock your potential for IPO success with the Boardroom Mastery Program. This comprehensive program is your key to mastering the critical elements of public market readiness. Gain firsthand knowledge from seasoned experts on navigating regulatory landscapes, enhancing investor relations, and ensuring robust governance practices. Elevate your boardroom effectiveness and position your company for sustainable growth—contact us today for more information! Contact: +91 73041 45928 Mail Us: [email protected] #BoardroomMastery #LeadershipInsights #IndependentDirector #CorporateGovernance #CsuiteLeadership #BoardroomExcellence #GovernanceStrategy #CommunicationInBoardrooms #BoardroomBreakthroughs #LeadershipDevelopment #GovernanceTrends #BusinessLeadership #BoardroomEvents #CorporateLeadership #IndustryTitans #BoardMeetingOptimization #GovernanceInsights #MMBUpdates #MentorMyBoard #MMB