Lessons from Private Equity Any Company Can Use

Foster a Results-Oriented Mind-set

Fostering a results-oriented mind-set is about creating repeatable, sustainable processes in your company that will spur performance improvements again and again. Most businesses hit bumps in the road from time to time, but if you rigorously apply the five lessons we have discussed so far to your own company, you will ingrain the right behaviors into the organization. After some time passes, these right behaviors become the culture. Culture is an overused word, but we use it to mean the right managers with a bias for questioning the status quo, getting the facts, taking action, and ultimately driving this “at cause” behavior throughout the organization.

We don’t know the specifics of the mind-set that prevails ...