Management Tips
The situations we target normally represent challenging times for management; our job is to create solutions by using our experience of improving company performance in tough conditions over many years.
Here are a few tips to consider:
Get good people around you; don’t feel threatened by people who might be more qualified than you.
Focus on the possible, whether dependent on new investment or not, rather than the limitations of current circumstances.
Operational change or business improvement is usually premised on scale projects, a willingness to tackle challenges head on and investment for the future. Work-around solutions are of little value in the long run.
Constantly challenge the strategy for the business and the alignment of resources and skills to fulfil it.
Review and control where money is spent regularly – always cut costs where possible.
Consider how you might need to change the company culture – re-think what is possible.
Rutland understands the value of management teams and what they can bring to a business. We are also always looking to meet experienced management candidates interested in working with us in support of our investment approach. Please send your CVs to candidates@rutlandpartners.com for consideration.