Uber, the ride hailing service, has been a remarkable success. This competitor to the traditional taxi business now operates in 570 cities worldwide. On the other hand, the company faces an enormous number of issues, many of which are self-inflicted.
Bob's Gutsy Leadership Blog
Archive for June, 2017
Whole Foods was founded in 1980 by its current Chairman and CEO and for three decades was the preeminent organic grocery brand. It was quite successful as consumers began to crave organic and natural foods. For years Whole Foods was able to command significantly higher prices for its organic alternatives.
Private equity (PE) firms are different. They invest in companies with the intent of quickly improving their efficiency and profitability. They then either sell the company for a big profit or keep it for a period of time, enjoying the cash flows that are coming from it. When they recruit talent, they are very disciplined in requiring specific traits they know are critical to success. Recently a massive study was done across 32 private equity firms to isolate those traits.