Entries by Ted Humphrey

3 Plays from the Private Equity Playbook —
and what they teach us all about Value Creation

Private equity (PE) firms have become expert at creating shareholder value because their fundamental business is to buy companies, improve their value, and then sell them for a solid return.  As an industry, they have had a lot of practice at it.  Currently, there are about 7500 U.S. companies owned by private equity, and over […]

“Growth” is Not a Strategy

“Our strategy is to achieve double-digit revenue growth year-over-year.” Whenever I see something like that on a corporate strategy or mission statement, I want to say, “For your sake, I hope not!  What you have there is a desired outcome.  Growth is not a strategy.” Don’t get me wrong; growth is important – very important.  […]