Essere Associés
Change rapidly to succeed a LBO
Preamble
The diversity and complexity of the fields involved in the management of a Leverage Buy Out require the use of experts with extensive experience in this type of operation, especially in financial, tax and legal assistance.
The management of human resources should also be treated as an expert and specific part of a LBO. Crucial to its success is to :
- Create a management team capable of driving the LBO, and to ensure that it operates as a real team,
- Choose executives and key people with the characteristics needed to succeed in key positions or in critical positions,
- Build up the management package of executives and managers involved in the LBO,
- Select the management teams responsible for implementing the LBO and changes; to develop the leadership of these management teams,
- Define and to communicate the long-term vision, the values, the project, the strategic objectives of the Company,
- Identify the change priorities, to set up the agenda and the change roadmap,
- Establish or reinforce a culture of performance and results,
- Involve teams, to make sure that each employee’s objectives are actually aligned on Company objectives,
- Establish indicators needed to drive individual and teams’ performance,
- Develop and implement policies and methods of compensation to reward the real performance and involve all employees in the LBO profit,
- Give meaning to change, to communicate regularly on the results, progress, battles won,
- Establish a climate of trust and cooperation with the social partners to facilitate the implementation of necessary changes.
Essere associés brings its expertise in compensation package for executives, management of human resources and operational experience of LBO.
Essere associés helps you in the main steps of an LBO.