Table of Contents
Acknowledgements xi
Introduction 1
The Problems of Leadership Risk 2
The Problems of Leadership Assessment 3
The Principles Underpinning this Book 4
The Audience for this Book 7
The Structure of this Book 9
1 The Landscape of Leadership Risk 11
1.1 Introduction 11
1.2 The Financial Perspective 12
1.3 A Brief History of Risk and Uncertainty 14
1.4 Leadership Theory 17
1.5 Leadership Risk and Uncertainty 18
1.6 Leadership Risk in Business Performance 19
1.7 The Four Quadrants of Awareness 22
1.8 Summary 23
References 24
2 Overview of the Leadership Risk Mapping Framework 25
2.1 Introduction 25
2.2 Overview of the Stages of the Framework 30
2.3 Summary 35
3 Planning and Preparation 37
3.1 Introduction 37
3.2 Planning Through the Four Quadrants of Awareness 38
3.3 Summary 49
4 Deciding What to Assess at an Individual Level 51
4.1 Introduction 51
4.2 Leadership Competencies 53
4.3 Psychological Traits 56
4.4 Motivation 59
4.5 Some Common Characteristics of Successful Private Equity-backed Chief Executives 62
4.6 The Importance of Context 64
4.7 Summary 66
References 67
5 Conducting Assessments at an Individual Level 69
5.1 Introduction 69
5.2 Individual Interviews 71
5.3 Multi-rater Feedback 75
5.4 Assessing Psychological Traits 78
5.5 Review of Available Documentation 80
5.6 Summary 81
6 Deciding What to Assess at a Team Level 83
6.1 Introduction 83
6.2 Which 'Team' to Assess 84
6.3 The Outer View of the Investee Team 86
6.4 The Inner Perspective - Team Dynamics 93
6.5 The Outer View of the Investor 96
6.6 The Inner View of the Investor 97
6.7 Summary 98
Reference 98
7 Conducting Assessments at a Team Level 99
7.1 Introduction 99
7.2 Interviews with Team Members 101
7.3 Interviews with Other Stakeholders 102
7.4 Feedback Questionnaires 103
7.5 Existing Documentation 105
7.6 Aggregate Data from Individual Team Members 106
7.7 Live Observation of the Team 108
7.8 Summary 110
8 What to Assess at an Organisational Level 113
8.1 Introduction 113
8.2 Insights from the Four Quadrants of Awareness 116
8.3 Summary 123
References 124
9 Conducting Assessments at an Organisational Level 125
9.1 Introduction 125
9.2 The 'Top-down' Perspective 127
9.3 Data from Other Levels of Assessment - the 'Bottom-up' View 133
9.4 Summary 135
Reference 136
10 The Review Phase 137
10.1 Introduction 137
10.2 Considerations in the Four Quadrants of Awareness 138
10.3 The Review Process 141
10.4 Report Format 146
10.5 Summary 150
11 The Address Phase 153
11.1 Introduction 153
11.2 Addressing Leadership Risk at an Individual Level 154
11.3 Addressing Leadership Risk at a Team Level 157
11.4 Addressing Leadership Risk at an Organisational Level 160
11.5 Summary 161
Reference 162
12 Third-party Service Providers and their Approaches 163
12.1 Introduction 163
12.2 Considerations in the Four Quadrants of Awareness 165
12.3 Third-party Suppliers and their Approaches 167
12.4 Identifying Potential Suppliers 172
12.5 Summary 174
Appendices 177
Index 233
