article thumbnail

Planning a successful MBO?

Strategy Driven

An MBO or MBI can give you the opportunity to step up from senior manager to business owner. How do you plan a successful MBO? What is an MBO and why might a business go for a MBO. When a business is purchased by the management team within the company by borrowing funds, this is referred to as a Management-Buy-out (MBO).

MBO 132
article thumbnail

“You can never tell what’s around the corner”: Here’s how to nail succession planning

Chartered Management Institute

This was back in 2010, and Bill was planning to retire within three years, then sell the business via a management buyout process (MBO) to a new management team that he would put together. Whether you are looking for topical tips or information, you can find the latest advice and guidance from the CMI team here.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Managing Remote Employees: Lessons Ancient Rome and Today

Great Leadership By Dan

Telecommuting, distributed teams, outsourcing, and virtual teams are not new. Unfortunately, his ideas were ruined by management consultants who turned “MBO” into a bureaucratic mess. Team development. In addition to hiring great employees, great managers understand the benefits of building great teams.

article thumbnail

How Overfocusing on Goals Can Hold Us Back

Harvard Business Review

One of the most sacred texts in the business world is Peter Drucker’s classic, The Practice of Management , which introduced the concept of “ management by objectives ” (MBO). ” Most modern managers take this as a given. .” And this view is bolstered by statistics on and stories surrounding invention.

Goal 8
article thumbnail

How PwC and The Washington Post Are Finding and Hiring External Talent

Harvard Business Review

As the use of external talent increases, so does the need for more efficient ways to find, hire, and manage contingent workers as well as integrate them into the company’s full-time employees and teams. This online platform provides skilled independent professionals direct access to PwC teams seeking talent for their projects.

MBO 8
article thumbnail

Guest Blogger George L. Morrisey: Are You Ready for Strategic Planning?

leaderCommunicator

What are the roles of team members? The following questions, addressed by plan­ning team members, both individually and as a group, may help determine the degree of readiness: Why do we want to undertake a strategic plan at this time? Team members need to reach a consensus in their answers to these questions before moving ahead.

article thumbnail

Your Company Needs Independent Workers

Harvard Business Review

The MBO Partners 2015 State of Independence workforce study found that 6.4 Skilled independents want the ability to control their lives, have meaningful work, and to be part of the team. “Treat me as part of the team” came in fourth. Our own research reinforces these findings.