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ratings:
Length:
21 minutes
Released:
Jun 29, 2020
Format:
Podcast episode

Description

In this episode, Toby recalls a complex divestiture that he managed. If the complexity had been left to flourish, it would have created disillusionment and misunderstanding that could send the divestiture completely off the rails.The answer in this case was to bring the complexity down to a series of simple to understand rules, guidelines and expectations that everyone could understand and follow. Let's call them guiding principles.Better still, Toby involved everyone in creation of those 'guiding principles' so they readily owned and complied thus bringing the divestiture to a successful close. As Einstein is quoted as saying "Everything should be made as simple as possible, but not simpler" That really is the Beauty of Simplicity.
Released:
Jun 29, 2020
Format:
Podcast episode

Titles in the series (89)

These M&A War Stories podcasts are for anyone engaged in M&A or Divestment activity. Every week your hosts Robert Heaton & Toby Tester, along with special podcast guests, will draw on their past M&A experience through case studies and what hopefully will prove to be interesting stories. By chipping in with our own thoughts and experiences our aim is that all of us professionally involved in M&A – CEOs, CFOs, Executives, Consultants and Advisors, get that little bit better next time round.