Leadership Risk: A Guide for Private Equity and Strategic Investors [NOOK Book]

Overview

"David Cooper's excellent book shows how management teams can be assessed thoroughly and systematically, and gives concrete examples of tools and approaches to help the process. Perhaps his most valuable insight is that understanding how a new management team is likely to work together is just as important as understanding the prior achievements of the individual managers. I recommend this book to all those involved in buying or investing in companies."
Adrian Beecroft, Co-founder Apax Partners

"Private ...

See more details below
Leadership Risk: A Guide for Private Equity and Strategic Investors

Available on NOOK devices and apps  
  • NOOK Devices
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK Study
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$34.49
BN.com price
(Save 42%)$60.00 List Price
Note: This NOOK Book can be purchased in bulk. Please email us for more information.

Overview

"David Cooper's excellent book shows how management teams can be assessed thoroughly and systematically, and gives concrete examples of tools and approaches to help the process. Perhaps his most valuable insight is that understanding how a new management team is likely to work together is just as important as understanding the prior achievements of the individual managers. I recommend this book to all those involved in buying or investing in companies."
Adrian Beecroft, Co-founder Apax Partners

"Private equityreturnsare highly driven byensuring that aportfolio company's managementteam are individually and collectively equipped to deliver the investment thesis. David provides a robust framework for evaluating this, right from the start of a new deal."
—Alan Roux, Executive Director, The Blackstone Group

"David's experience of business through his extensive accounting career gives him a unique capability in the field of management assessment and support. This comes through strongly in this excellent book."
John Swarbrick, Senior Director, LDC

Private equity and strategic investors have long recognised that leadership is a decisive factor in the performance of portfolio businesses. Recent turbulence in the world of finance has changed the landscape in which such investors operate, making value creation more difficult than ever and increasing the significance of leadership even further.

This book is built around the idea that, rather than assessing leadership, investors should focus more on leadership risk. From this perspective, highlighting the strengths and weaknesses of the management team represents just one element of a broader and more sophisticated process of identifying and mapping the risks associated with the leadership of the investee company and raising awareness of what will create or destroy value on the route to exit.

This book will enable you to:

  • Identify and manage key leadership risks throughout the lifecycle of the investment from pre-deal management due diligence through to exit
  • Build a clear picture of leadership strengths and weakness on an individual, team and organisational level
  • Establish clear development agendas which will maximise the chances of business success
  • Frame leadership within the wider risk landscape to build a rich picture of portfolio businesses
  • Approach leadership assessment and development in a constructive way, which will enhance the relationship between investor and investee.
Read More Show Less

Product Details

  • ISBN-13: 9780470661932
  • Publisher: Wiley
  • Publication date: 3/30/2010
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 250
  • Product dimensions: 5.98 (w) x 9.02 (h) x 1.04 (d)
  • File size: 3 MB

Meet the Author

David Cooper is a specialist in the assessment and development of senior executives and supports investors in managing leadership risk. For the first eleven years of his career he worked in the risk advisory group at Arthur Andersen. He then completed a Masters degree in Organisational Psychology at the London School of Economics, where he began to develop the concept of 'leadership risk'. He went on to become one of the few Chartered Accountants to qualify as a Chartered Psychologist and founded Cooper Limon, a professional advisory business specialising in management due diligence and portfolio review for Private Equity and Strategic investors. Through Cooper Limon and in his role as head of executive assessment at Praesta Partners, an international coaching firm, he has assessed and coached several hundred senior executives and advised some of the world’s leading Private Equity funds. He continues his research into leadership risk and has spoken internationally at both Accounting and Psychology conferences.
David can be contacted at david.cooper@cooperlimon.com

Read More Show Less

Table of Contents

Acknowledgements

Introduction 1

The Problems of Leadership Risk 2

The Problems of Leadership Assessment 3

The Principles Underpinning this Book 4

The Audience for this Book 7

The Structure of this Book 9

1 The Landscape of Leadership Risk 11

1.1 Introduction 11

1.2 The Financial Perspective 12

1.3 A Brief History of Risk and Uncertainty 14

1.4 Leadership Theory 17

1.5 Leadership Risk and Uncertainty 18

1.6 Leadership Risk in Business Performance 19

1.7 The Four Quadrants of Awareness 22

1.8 Summary 23

References 24

2 Overview of the Leadership Risk Mapping Framework 25

2.1 Introduction 25

2.2 Overview of the Stages of the Framework 30

2.3 Summary 35

3 Planning and Preparation 37

3.1 Introduction 37

3.2 Planning Through the Four Quadrants of Awareness 38

3.3 Summary 49

4 Deciding What to Assess at an Individual Level 51

4.1 Introduction 51

4.2 Leadership Competencies 53

4.3 Psychological Traits 56

4.4 Motivation 59

4.5 Some Common Characteristies of Successful Private Equity-backed Chief Executives 62

4.6 The Importance of Context 64

4.7 Summary 66

References 67

5 Conducting Assessments at an Individual Level 69

5.1 Introduction 69

5.2 Individual Interviews 71

5.3 Multi-rater Feedback 75

5.4 Assessing Psychological Traits 78

5.5 Review of Available Documentation 80

5.6 Summary 81

6 Deciding What to Assess at a Team Level 83

6.1 Introduction 83

6.2 Which 'Team' to Assess 84

6.3 The Outer View of the Investee Team 86

6.4 The Inner Perspective-Team Dynamics 93

6.5 The Outer View of the Investor 96

6.6 The Inner View of the Investor 97

6.7 Summary 98

Reference 98

7 Conducting Assessments at a Team Level 99

7.1 Introduction 99

7.2 Interviews with Team Members 101

7.3 Interviews with Other Stakeholders 102

7.4 Feedback Questionnaires 103

7.5 Existing Documentation 105

7.6 Aggregate Data from Individual Team Members 106

7.7 Live Observation of the Team 108

7.8 Summary 110

8 What to Assess at an Organisational Level 113

8.1 Introduction 113

8.2 Insights from the Four Quadrants of Awareness 116

8.3 Summary 123

References 124

9 Conducting Assessments at an Organisational Level 125

9.1 Introduction 125

9.2 The 'Top-down' Perspective 127

9.3 Data from Other Levels of Assessment-the 'Bottom-up' View 133

9.4 Summary 135

Reference 136

10 The Review Phase 137

10.1 Introduction 137

10.2 Considerations in the Four Quadrants of Awareness 138

10.3 The Review Process 141

10.4 Report Format 146

10.5 Summary 150

11 The Address Phase 153

11.1 Introduction 153

11.2 Addressing Leadership Risk at an Individual Level 154

11.3 Addressing Leadership Risk at a Team Level 157

11.4 Addressing Leadership Risk at an Organisational Level 160

11.5 Summary 161

Reference 162

12 Third-party Service Providers and their Approaches 163

12.1 Introduction 163

12.2 Considerations in the Four Quadrants of Awarenes 165

12.3 Third-party Suppliers and their Approaches 167

12.4 Identifying Potential Suppliers 172

12.5 Summary 174

Appendices 177

Index 233

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)