article thumbnail

Two Tweets & A Blog

Deming Institute

It is what quantum physicists and neuroscientists are just beginning to sort out and understand. million in a Leveraged Buy Out (LBO) to buy an Oklahoma based Coca-Cola bottling company. Dr. Deming management systems psychology respect for people systems thinking leadership management concepts management system organization as a system

Blog 40
article thumbnail

Corporate Governance Should Combine the Best of Private Equity and Family Firms

Harvard Business Review

The public corporation is typically bedeviled by the gap between managers’ and shareholders’ interests. In private equity, managers and shareholders are closely connected. The weakness is the generation gap, losing continuity of purpose as ownership passes through successive private equity houses and new cadres of top management. These examples are hybrids not just of family ownership and professional management, but also of private and public ownership.

article thumbnail

Private Equity’s New Phase

Harvard Business Review

The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. In phase one (buy and sell), PE investors looked for the equivalent of a “fixer-upper house” — a dilapidated company in a good industry that could be purchased at a discount and, after the business equivalent of some fresh paint and new appliances, resold for a profit.

LBO 8