July 23 at 430PM -- Governance and Decision Rights OR... Board Communications and Rapport
The discussion will cover Board Communications and Rapport. A PE board is not an audience.
It is not a reporting body. It is not a committee that needs to be satisfied with the completeness of management's work.
It is a group of experienced investors and operators who have limited time, concentrated stakes, and a clear investment thesis against which they are measuring every conversation they have with management. They are not there to be educated. They are there to decide, advise, and assess.The CEO who manages the board like a reporting obligation — showing up prepared, presenting competently, answering questions professionally, and leaving — has treated the board meeting as a transaction. This is not sustainable behavior.
The board experiences it as a relationship in which management is not particularly interested in their perspective. Over time, the board stops asking the hard questions. Not because they trust the answers. Because they've concluded the operator isn't going to engage with them anyway.
Most operators arrive at their first PE board meeting in one of two postures — and both are wrong. Come learn what they are, and learn about the third option, which is much better.
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Private Equity Special Interest Group
Welcome to the Private Equity Special Interest Group (SIG) of The Financial Executives Networking Group (FENG). Our SIG serves as a global hub for financial executives in Private Equity and in the Middle Market M&A ecosystem, offering unparalleled opportunities for networking, knowledge-sharing, growth and development.
Comprising professionals across various disciplines, including CEO’s, CIO’s, CFO's, COO's, Treasurers, Controllers, our SIG facilitates connections and collaboration within the private equity community. Our diverse community covers a broad-spectrum discipline, ensuring a rich exchange of insights and resources around:
- Career Transition Strategy
- First 100 Days Best Practices and Food for Thought suggestions
- Value Creation Levers
- Exit Planning Thought Leadership - Prepare company/self for exit
Our purpose is clear: to share knowledge, promote business development, foster lasting relationships, and provide valuable resources for both employed professionals and those in transition. Whether you're seeking to expand your network, explore career opportunities, or stay updated on industry trends, our SIG offers a wealth of benefits.
Join us as we navigate the complexities of the private equity and middle market sector M&A ecosystem.
About the Chairperson
Christopher "Kit" Lisle is the founder and Chairman of the decision support strategy consulting firm Acclaro Growth Partners. After hiring a CEO to run that business a few years ago, he launched a community of private equity-backed executives called The Operators, LLC. The mandate of this community is to ensure continuous growth and development of the Private Equity Backed Executives, as well as other participants in the Middle Market M&A ecosystem, through the following 5 peer groups:
Career Resource Council
2. Strategic Growth Council
3. Operating Partners Roundtable
4. Trusted Advisors Council
5. Independent Sponsors Council
Prior to founding Acclaro Growth Partners and The Operators, Lisle headed M&A Services at Markowitz and McNaughton, Inc. Lisle also served as a Military Intelligence Officer for eight years in the U.S. Army and Army Reserves. He has been a featured speaker, author, podcast host and guest in a number of venues on topics relating to M&A and strategic growth.
You can contact the Private Equity Career Management Group Leaders:
Christopher "Kit" Lisle
Founder, The Operators -- The Collaborative Community for PE-Backed Execs
703.867.7269
[email protected]
https://www.linkedin.com/in/kit-lisle/
www.TheOperators.pe
These are our Chapter's recently recorded meetings.
| Total Members | 4142 |
|---|---|
| Alumni | (60%) 2,486 |
| Active | (37%) 1,526 |
| Associate | (1%) 10 |
| Retired | (3%) 120 |