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Adam Coffey, Author of the Private Equity Playbook, on Navigating the Stages of Growth for Sustainable Success

This New Way

NOTE

Rebuild for Success

To drive growth and success, leaders must recognize when it's time to retool their teams, similar to sports teams undergoing transitions after championships. Assessing whether the current team members are aligned with future goals is crucial, and this may involve making difficult decisions about personnel. Such changes can lead to emotional responses among team members, including shock, anger, negotiation, and eventual acceptance. Effective leaders navigate this process with empathy, providing support and resources to those affected, ensuring a smooth transition as they strive for their new objectives.

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