28 Okt, 2024 By Humatica
Kommentare von Experten und Einblicke in die Optimierung von Organisationen für Unternehmer und Private-Equity-Fonds.
Zu unseren News28 Okt, 2024 By Humatica
18 Sep, 2024 By Humatica
In the bustling world of Silicon Valley and beyond, a new paradigm is stirring up debate: “Founder Mode” vs “Manager Mode”. Paul Graham, co-founder of…
Read moreIn today’s rapidly evolving private equity landscape, the pressure on sponsors and management to accelerate post-acquisition change has never been greater. With rising asset prices…
Read moreExecutive Leadership Assessment plays a key role in private equity investments, serving as a important determinant of organizational effectiveness and the success or failure of…
Read moreFunds need to squeeze more free cash flow from companies in order to generate an adequate return from vintage 2019-2022 investments. More sales growth and/or…
Read moreThe fund landscape is changing faster than ever before, creating winners and losers in an increasingly competitive private equity ecosystem. Higher real interest rates are…
Read moreIn the third episode of our Beyond Culture Series, we talk about industrializing best practice management processes. Link to Video 1:07 Register here to join our live…
Read moreThere’s increasing focus on “culture” as an elusive driver of value growth. Creating a “high performance culture” has become the mantra for transforming buy-outs to…
Read moreThe second installment of our interactive webcasts looks at organizational transformation. Join us for a lively discussion on this topic of vital interest for private equity.…
Read moreAlvin Toffler’s 1970 global best seller “Future Shock” described the disruptive impact of new technologies on business and society. His title is even more applicable…
Read more“What got you there won’t get you there”. It’s never been more true than right now for private equity backed companies facing economic headwinds. Increasing…
Read moreWelcome to an exciting journey of discovery as we delve into the intricacies of organizational effectiveness in our latest podcast & video series, “Beyond Culture.”…
Read moreRealDeals Value Creation Conference added a second day this year to focus on organizational effectiveness and talent as a key driver of value creation. The…
Read moreHumatica founder, Andros Payne, explains the importance of organizational effectiveness to Ross Butler in a recent FundShack interview. It’s an opportunity to learn how to…
Read moreInformation asymmetry in dealmaking has favoured incumbent management teams over investors, especially with culture and leadership practices. Managers may know where these skeletons are buried…
Read moreIn private, talent operating partners are frustrated with investment teams lack of understanding about organizations. Likewise, investment managers are frustrated that they can’t find the…
Read moreOperating Partners from 20 top funds recently met to discuss how to align managers and employees to deliver the value creation plan. Humatica facilitated the…
Read moreConventional wisdom says that building on the strengths of an organisation is the most direct path to business success. It’s also the foundation of most…
Read moreTalent Operating Partners are playing an increasingly critical role for value creation at the current inflection point for the PE industry where “what got you…
Read moreIn today’s dynamic business landscape, private equity (PE) firms are increasingly searching for deals across a range of sectors and industries. Competition for investments is…
Read morePrivate Equity International (PEI) held its second annual Operating Partners Human Capital Forum in central Manhattan. The biggest take-away from this event is that it…
Read moreCompanies are reorganising more frequently than ever before. It’s a natural consequence of a more dynamic market environment. But how can they manage the risks…
Read moreIn a rare moment of frustration, mid-market investment manager Jan complained, “we agreed a full-potential plan with management. But now, a year in, implementation is…
Read moreBased on Humatica’s recent research, Organizational Effectiveness: Riding private equity’s third wave of value creation, this webinar examines why and how organizational effectiveness is being…
Read moreElon Musk’s dramatic Reduction in Force at Twitter (affectionately known as “RIF” in the US) is both an early indication of more to come, and…
Read moreEdwards Deming, the father of modern-day statistical process control and Total Quality Management, understood that reducing sources of variability in business produces consistent results with…
Read moreAs economic pressure mounts, more corporate carve-outs are on the cards. These primary buyouts have been lucrative for private equity. But they require more work…
Read moreOn Thursday 3rd November, Humatica had the pleasure of sponsoring and attending the Real Deals Value Creation Conference. The full-day event benefitted from the participation…
Read moreMore literature and advice is piling up on leadership effectiveness and organizational performance. It’s no surprise. We are at an inflection point between the industrial…
Read moreIn the latest episode of the alpha Talks Podcast, Humatica Managing Partner Andros Payne speaks to Stijn Vos, CEO of the Esdec Solar Group and…
Read moreAssessing good governance is still in its infancy. The most common approaches are focused on interactions with the top-level board and senior executive. The state…
Read moreWith multiples under pressure, buy-out managers are asked to do more to drive top-quartile performance. Entrepreneurial leaders know that they need to inspire and activate…
Read moreESG and good Governance have become essential tools for sustainable value growth. But Governance in particular has proven elusive to measure. That’s a challenge because…
Read moreAs much as a company with a good corporate culture can thrive even in difficult times, a firm with a dysfunctional culture can stumble in…
Read moreCorporate culture is a wonderfully fuzzy concept that is both liked and despised by investment professionals. They know culture is critically important, but don’t know…
Read moreThe jury is now in, the Fed has been sleeping at the wheel and the genie is now out of the bottle. The annualized US…
Read moreHumatica has pioneered analytical tools and methods to open the black box around middle management readiness and ensure smooth implementation of the value creation plan.…
Read moreLimiting assessments to the N-1 top-executives risks miscalculating the capacity of the portfolio company’s organization to drive change. Often overlooked, middle management is the critical…
Read moreWhile traditional leadership assessments can be seen as complex, subjective and even threatening exercises, there are other simpler approaches that sponsors can use to a…
Read moreThe information-age has brought the rise of “knowledge workers” as the key asset driving value growth – smart, self-motivated people who connect-the-dots and facilitate the…
Read moreThe leadership team is a driving force for creating a high-performance culture and generating superior returns. Contrary to conventional wisdom, getting the right CEO is…
Read moreWhy Organizational Excellence? Private equity has become hyper-competitive. With abundant liquidity and highly structured processes, new levers to drive value growth and differentiation are needed.…
Read moreWhy is it that most mergers, reorganizations and downsizings fail to generate their anticipated full value? The main reason is a lack of good governance…
Read moreCompanies are reorganizing more frequently than ever before. It’s a natural consequence of a more dynamic market environment and higher management turnover. Jack Welch famously…
Read moreIt is a difficult role which first appeared ten years ago. Talent operating partners are a small cohort that goes by different names. However, they…
Read moreAs the founder and Managing Partner of Humatica, it’s been a privilege to observe, and in a small way, facilitate the transformation of private equity…
Read moreHow to profit from dynamic markets. Is your organization ready for it? Humatica’s Andros Payne was recently interviewed on the new frontier of behavior-centric business…
Read moreA chorus of top economists and investment gurus including Larry Summers, Ray Dalio, Nouriel Roubini, Jeremy Grantham, Cathy Wood and Mohamed El-Erian are sounding the…
Read moreExcess liquidity has flooded private markets and reduced the number of easy targets in private equity. Investors are now competing for ever smaller arbitrage opportunities…
Read moreIn the new episode of the alpha Talks Podcast, Enno Krey speaks to Dr. Thomas Costa, former CEO of Coventya (acquired by MacDermid Enthone in…
Read moreA side-effect of full-priced markets and the industrialisation of private equity is funds looking to upgrade and standardize their deal processes – the way they…
Read moreHumatica Managing Partner Andros Payne interviews Joost Heeremans, Partner at Gilde Buy Out Partners, and Stijn Vos, CEO of ESDEC, about the lessons learned during…
Read moreIn the latest episode of the alpha Talks Podcast, Enno Krey speaks to Jouni Heinonen, Managing Partner of HVD Partners, a service provider that helps…
Read moreMaking good investment choices is getting harder With more institutional money in the market and the industrialization of private equity, the number of attractive opportunities…
Read moreThe Practical Guide for Private Equity Professionals and Senior Executives Humatica’s latest whitepaper “Buy & Build: Secrets of Success” features the critical lessons learnt that…
Read moreThe fund landscape is changing, creating more winners and losers in an increasingly polarised ecosystem. The pandemic and long-term megatrends are forcing strategic and competitive…
Read moreOnce a top-level target operating model and organization are agreed, that’s when the heavy lifting starts. It’s when hundreds of decisions on sub-structures, new or…
Read moreMost managers and employees view a merger or acquisition with fear and suspicion. They see it as a zero-sum game, where one party wins at…
Read moreSPACs are a new phenomenon that further blurs the line between public and private markets. They are putting more pressure on private equity funds to…
Read moreDefining the post-merger operating model is an essential step after a bolt-on acquisition including what functions and activities should be merged, and which should not.…
Read moreWhat got you here, won’t get you there. With deal prices on the rise, funds need work harder and take bigger risk to realize superior…
Read moreHumatica recently interviewed Jouni Heinonen, the managing partner of HVD Partners on their sale of Solifos AG to NBG GmbH. HVD Partners carved out the…
Read moreDefining a target operating model “TOM” is an essential first step following a bolt-on acquisition. It sets the organizational framework for the future management structure…
Read moreOne of the consequences of more competitive deal markets and more money in private equity is the increased use of consultants – not only pre-deal…
Read more97% of deal makers agree that organizational issues are the greatest source of deal risk. Ask any dealmaker what determined their best and worst deals…
Read moreIn an increasingly competitive deal market, private equity firms are more and more turning to Buy & Build strategies to realize superior returns on their…
Read moreAndros Payne has joined the first episode of the alpha Talks podcast. He speaks about organizational effectiveness and explains how private equity funds can use…
Read morePrivate equity has consistently outperformed public markets. In the past this was attributed to more aggressive capital structures and strongly aligned management incentives. However, with…
Read moreIs your Sales Force ready for digital sales? As 2020 draws to a close, corporate leaders are looking back over the last months since COVID…
Read moreHumatica is featured in The Times of London on restructuring for future growth during COVID. The Raconteur supplement on Business Restructuring addresses key aspects on the…
Read moreIt happens too often. Firms start an ERP implementation. After vendor selection and latest during process requirements definition, they realise that the new system will…
Read moreEven in COVID times, bolt-on acquisitions are an important lever of value growth for private equity. However, they are tricky to execute, especially with former…
Read moreCOVID-19 is causing unprecedented upheaval in the travel industry. In particular, business travel has seen a steep decline driven by lockdown constraints and the emergence…
Read moreSponsors pull their hair out trying to reform the governance of previously family-run businesses. Clearly, there are many successful ones, including Swarovski, Mars and ALDI.…
Read moreClive Booth of the ESG Foundation interviews Andros Payne on the corporate governance practices that underly sustainable value creation – the ‘G’ in ESG. We…
Read moreIn this 10 minute interview for Catalysis Advisory, Andros Payne of Humatica answers three important questions: What’s driving increased PE focus on non-financial, organizational issues in…
Read moreCOVID-19 is forcing accelerated digitalisation of B2B sales with far-reaching consequences for Sales organisations. The rationale for on-site “sales calls” to understand customer needs and…
Read moreCOVID-19 has taught us a lot about the organisational structures and new operating models of the future. One lesson is how much can actually be…
Read moreMany are speculating about what lasting organisational changes will result from COVID-19. Everyone is sure that social distancing will have an impact on how we…
Read moreAs the fall-out from COVID-19 threatens to sink entire portfolios, PE sponsors and CEO’s need to walk a tightrope between preserving organisational capabilities in order…
Read moreAt a time of heightened uncertainty, AI is creating even more future shock. Leading scientists, including the late Stephen Hawking warn that if left unchecked,…
Read moreThe collective ability of an organisation to anticipate change, opportunities and risks, and move faster than the competition drives sustained value creation – the winning…
Read moreMarkets, competition and customer preferences are shifting faster than ever. The disruptive economics of information is challenging new and established businesses alike. No wonder leaders…
Read moreAs a long-time contributor to RealDeals magazine, Humatica was asked to write a piece on the future of private equity – a rare opportunity to…
Read moreCompanies are reorganising more frequently than ever before. It’s a natural consequence of a more dynamic market environment and higher management turnover. Jack Welch famously…
Read moreAs value creation plans have become more aggressive, the rate of CEO turnover has increased. Sponsors have less time and patience. But fire and hire…
Read moreIn the June issue of Real Deals, the HumaticaCorner focuses on how some funds are turning new compliance requirements to their advantage for improved governance.…
Read moreAlvin Toffler, an American futurist, wrote his global best seller “Future Shock” in 1970 describing the effect of new technologies on business and society. His…
Read moreDigitalisation is one of the hottest topics in private equity today. The disruptive effect of the technology can render a good investment obsolete or enable…
Read moreThe real test of a management team comes when they need to quickly shift from growth to cost reduction. This day of reckoning may soon…
Read morePE executives are stuck between a rock and a hard spot. Pressure to drive company performance has increased with prices. On the other hand, the…
Read moreOver 70% of CEO’s are replaced during the holding period – one more indication of today’s challenging value creation plans and competitive deal markets. However, the…
Read moreApple recently became the most valuable public company, breaking through the $1Tr. mark. How is it possible that a firm in the hyper-competitive consumer electronics…
Read moreAs the PE industry matures and successful deals get trickier to execute, ESG guidance becomes more important. Compliance requirements are logically tightening all around. This…
Read moreAt the recent PEI Operating Partners Forum Europe, there was consensus: organisational effectiveness and talent management are the foundation for implementing all value creation levers.…
Read moreSystems implementation is notorious for high project risk and failure to deliver anticipated benefits. In particular, private equity, with its limited timeline for investment, struggles…
Read moreWith EBIT multiples reaching uncomfortable heights, there is no room for error in executing the value creation plan. And, management drives the pace. This month’s…
Read moreDigitalisation is disrupting business. But it is having an even more profound impact on organisations, behaviour and leadership. Rudimentary activities are being made redundant, and AI…
Read moreWhat got you there, won’t get you there Hyper-competitive deal markets and full-prices are changing the rules of the game. Private equity sponsors and portfolio…
Read moreOne approach to boost yields is to target more complex, difficult situations. Corporate carve-outs often fit the profile. However, releasing value doesn’t come easy. Extracting…
Read moreThe last year has seen a number of high-profile corporate carve-outs come to market. In a competitive buyout industry, private equity firms have been eager…
Read moreTimes have been good for private equity since the global financial crisis in 2009 – eight years of steady growth and easy money. However, dealmakers…
Read moreMore funds are appointing specialised Operating Partners to help align portfolio company organisations for value growth. However, the emerging role is not yet well defined…
Read moreIncreased competitiveness and technology are driving “always-on” availability of deal makers. However, is this a good thing? Humatica was recently quoted on the topic in…
Read moreManaging Secondaries – The good, the bad and the ugly Secondaries are more commonplace. However, a change of ownership from one PE house to the…
Read moreOver 50% of buy-out CEOs don’t get to see an investment all the way through. And, in private equity, the trend to replace senior executives…
Read moreIn the latest RealDeals Guest Comment article, Andros Payne, discusses learning the secret of how successful operating partners drive change without formal authority… Read full…
Read moreBased on a request from Limited Partners and General Partners, Humatica initiated an ambitious study to understand the current state of the art in organizational…
Read moreOperating Partners have the most difficult job in Private Equity. They should facilitate transformational change post-deal, but without formal authority. Our experience shows that those…
Read moreA lack of economic growth despite record low interest rates, rising populist discontent and mounting unfunded pension liabilities in the developed economies: they have the same…
Read moreHumatica has been an advocate for a more assertive PE investment approach focusing on leadership and organisational performance since 2003. In this month’s InFocus HR guru Dr.…
Read moreWomen are running four of the world’s top democracies and with Hillary Clinton, may soon be running the fifth. Times have changed indeed. The ideals…
Read moreStandards and compliance requirements are increasing everywhere. However, the essential leadership processes for making and implementing decisions to grow value are often left to each…
Read moreMost people avoid conflict. It’s anti-social. However, sometimes this gets in the way of making good business decisions. This month’s InFocus features a recent interview with Ray Dalio,…
Read more“A well executed reorganisation can be one of the most liberating events in a company’s history, releasing power and talent”. In the latest edition of…
Read more97% of private equity investors confirm that personnel issues are a key reason for not achieving targeted IRR. Clearly, sponsors need more transparency in this…
Read more“Specialisation runs out of steam when you can’t connect the dots on patterns of risk or opportunity, which is really what private equity is all about,” Read…
Read morePrivate equity has grown in scale and maturity, with multi-billion funds having hundreds of employees and offering diverse financial services. In an era of diminishing…
Read moreHiring the right people is frustratingly difficult. The number of dimensions on which there needs to be a fit are large. Some can be tested…
Read moreHiring the right people is frustratingly difficult. The number of dimensions on which there needs to be a fit are large. Some can be tested…
Read moreA recent article on growthbusiness.co.uk discusses the results from Humatica’s new study “The Third Wave: Organisational due diligence – Riding the next wave of value…
Read moreNew Humatica Research Too many funds. Too much liquidity. Too high deal prices. Fund managers are asking themselves what’s next after Operational Excellence? How will…
Read moreIn the October issue of Acquisition International Humatica consultant Valentina Pozzobon discusses how organisational due diligence can be incorporated successfully into business deals. “Considering merger…
Read moreDespite huge efforts to improve operational processes over the past 20 years, critically important management processes are left up to the discretion of each manager…
Read moreIn an article published in last week’s issue of RealDeals Humatica’s Andros Payne explores what the Volkswagen value collapse says about knowledge worker behaviour, productivity…
Read more“GPs know that it is important to bring operational capabilities to their deals if they want to make stellar returns. But in overlooking the importance of soft factors they are missing out…
Read moreVolksvagen | VW Now, with the benefit of hindsight, it is a stupid surprise. How is it that a group of employees at VW could…
Read moreThe transition into a new executive role in private equity is tough. The performance demands and rigour of private equity’s active governance model can be…
Read moreIt is notoriously difficult for new buy-out CEOs to make the jump to private equity. The skills and competencies required to fulfil rigorous performance requirements are…
Read moreOperational processes have been re-engineered to perfection over the past 20 years. However, management decision-making processes that sit above them, are still left up to individual…
Read moreAbout the Interviewee NORMAN WALKER is an advisor to TPG Capital for portfolio company organisational and leadership issues. He leads his own firm Ardfern AG,…
Read morePrivate equity’s governance structure places unique and high demands on senior executives. They are at the fulcrum of the capitalist system, balancing the requirements of…
Read moreAll the easy levers have been pulled – purchasing cost reduction, a new strategy – so what’s next? Private equity sponsors are increasingly looking at…
Read moreWhat are the real reasons for roughly half of all mergers failing to generate their cost of capital? In the latest edition of Acquisition International…
Read moreGetting the culture right is critical for merger success. The greatest risk for failure is culture clash, a breakdown of trust, and the resulting stagnation. Merging…
Read morePrivate equity leaders are faced with a massive challenge – how to grow revenues and value in slow-growth markets. Shifting white-collar productivity and improving behaviour…
Read moreThe survival rate of private equity portfolio company CEOs is shockingly low. And the cost of changing the CEO in terms of lost time, effort and…
Read moreIn the latest edition of Real Deals magazine Humatica’s Andros Payne contributes with his views on why the half-life of private equity-backed chief executives is…
Read moreIndividual performance feedback is one of the toughest management processes to get right because it runs against the basic human nature of social interaction in…
Read moreHumatica’s CEO, Andros Payne, contributes his thoughts to the latest Merrill DataSite white paper on value creation across the private equity life cycle. Read the report…
Read moreRecent issue of PEI Operational Excellence: Keynote Interview with Erik Osmundsen, CEO of Altor’s portfolio company NorskGjenvinning and Andros Payne, Humatica The success of Altor’s…
Read moreIn today’s fast–moving markets, value creation comes from an organisation’s ability to collectively anticipate change, says Andros Payne, CEO of Humatica. More than a century…
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