Leadership development is key for private equity returns in a high debt environment, especially while PE firms are being forced to spend more money to keep their portfolio companies going concerns as rising interest rates disrupt the buyout industry’s well-worn, debt-heavy playbook. One way to optimize operations is to invest in the leadership team. There are a few reasons for this. First, strong leadership is essential for any company to succeed, but it is especially important for PE portfolio companies. This is because PE firms typically have ambitious growth plans for their portfolio companies, and they need leaders who can execute on these plans.
Breakthrough Leadership Development
Breakthrough's leadership development programs are tailored to a professional or financial services firm's unique values and culture. Our framework ensures that your current and upcoming leaders are well-equipped to drive success and growth aligned with the firm’s strategy and shaped by the firm’s secret sauce: your people and your culture.
Overcoming Employee Performance Management Challenges
Employee performance is a crucial factor for the success of any business. However, many leaders face challenges when it comes to performance management. Ultimately, performance management, like leadership more broadly, comes down to communication between a leader and her employees. Moreover, if an employee isn’t meeting performance expectations, it’s appropriate to investigate their supervisor’s communication and other leadership skills, as well.
Leadership Development for Professional Services Firms
In a 2017 article for the Stanford Law Review, Harvard Law School professors Scott A. Westfahl and David B. Wilkins stressed the importance of leadership skills for future lawyers because such skills will deepen their impact and enable them to be leaders and connectors of ideas, people, and possibilities (Westfahl & Wilkins, 2017). In a recent article for The Industrial-Organizational Psychologist magazine, an official, peer-reviewed publication of the Society for Industrial and Organizational Psychology, Breakthrough’s founder, Mark Roy, shows professional services firms how to create leadership development programs tailored to meet the needs of any firm’s unique culture.
Improving Team Interactions
People have two roles within a team: functional and psychological. Regardless individual team member’s neurological hardwiring, there are some strategies that teams can employ to optimize their performance. With conscious effort, practice, and a trusted thought partner leaders can and do create the conditions necessary for their teams to thrive.
Five Tips for Managing a Hybrid Team
With more than 40% of employees around the world interested in changing jobs this year, leaders need to go out of their way to ensure their remote team members feel included as they adjust to managing hybrid in-person and remote teams.
We offer five tips for organizations to help their remote workers feel valued and included.
Good-Hearted Good Business
What percentage of the global workforce do you think Microsoft’s Work Trend Index found is considering leaving their current employer this year?
A. 15%
B. 25%
C. 40%
If you answered C, you win! Your prize? Read the rest of this post to find out why and what employers can do about it.
Unlock Your Garden
Seeking the Silence
Leadership Shadow Boxing
According to Senn Delaney Chairman Dr. Larry Senn and Jim Hart, Heidrick & Struggles senior advisor, “To become effective leaders, we must become aware of our shadows and then learn to have our actions match our message.” As presidential candidates vie for the position with arguably the longest leadership shadow in the world, I’ll be watching for what type of shadow they cast.