Enter the Boardroom with Nurole 138. Steve Rigby: Risk & acquisitions - the growth story of the Rigby family business from £0 to £4bn annual revenues
Steve Rigby is Co-CEO of Rigby Group, one of the UK's largest family businesses and in the top 500 largest family companies in the world. Listen to the conversation to hear about: Three key career moments that have shaped Steve’s boardroom thinking (2:02) NED lessons from the retail sector and financial crisis (5:01) How to survive a potential future of inflation, rising prices and crashing assets (9:29) Steve’s playbook for growing and selling businesses (11:51) Lessons on internationalisation (13:40) The best markets to aim for (15:29) The one big inflection point per decade of Steve’s career (17:43) Return on net assets as a north star metric (21:50) Steve’s risk-effort-reward-fun framework (23:33) Why Steve has shifted from a scientific to intuitive assessment of risk (27:03) Key lessons from 50+ acquisitions (30:59) When Steve mistakenly overruled advisors (33:17) How boards help navigate family in family businesses (35:23) ⚡The lightning round ⚡(37:58)
Host: Oliver Cummings
Producer: Will Felton
Music: Kate Mac
Audio: Nick Kold
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom