We rely on detailed assessments of over 300 CEO candidates in firms funded by private equity (PE) investors – both buyout (LBOs) and venture capital (VCs) investors. Performed from 2000 to 2006 by ghSMART, a firm that specialises in assessing top management candidates. Based on structured interviews with candidates of roughly four hours in duration. Assessments are typically 20 to 40 page documents. Include detailed information on the candidates’ life, from childhood through current job experiences. Include assessments on more than 40 specific dimensions.
Advice to Board Members in hiring at C -Level?
Do not be misled by strong people skills, but no PEP.