Culture is a conduit to both business investment and business expansion. Rubenstein gave two examples of how the One Carlyle Culture was instrumental in these areas. “When Carlyle was considering investing in Italian sportswear company Moncler, central to the investment thesis was global expansion. So we brought together our Italian team – who knew the family-owned company – with our NY-based consumer/retail experts and our Beijing team. Working together, the company has expanded dramatically, and now Moncler’s largest store is in Beijing.”
Evaluating culture is equally important when it comes to mergers and acquisitions. When Carlyle was expanding their own platform of investment solutions, culture was first and foremost on their minds when they acquired private equity fund of funds firm AlpInvest, real estate fund of funds Metropolitan and hedge fund of funds DGAM. “The culture with these acquisitions were incredibly important because we were folding in three free-standing companies.”
To emphasize the team in the organization, a newsletter highlighting the achievements of Carlyle professionals associates is sent out daily and training sessions on One Carlyle way are conducted at every level of the company.
Since a company’s culture is the essence of how managers and employees approach and execute plans, it is imperative that culture comes from the top. For value investing investors like Baron who invest in people, not companies – a company’s culture is key.
Lori Ann LaRocco ([email protected]) is the Senior Talent producer on CNBC Squawk Box (NBC Universal) and the author of “Opportunity Knocking: Lessons from Business Leaders“, “Dynasties of the Sea: The Ships and Entrepreneurs Who Expanded the Era of Free Trade” and “Thriving in the New Economy: Lessons from Today’s Top Business Minds.”
Read: https://loriannlarocco.wordpress.com/
Read: https://www.cnbc.com/id/39152221
Read: https://www.washingtontimes.com/topics/david-rubenstein/
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
