Why Management Buy Outs (MBOs) Can Fail – and what YOU can do about it.
Management Buyouts or MBOs are a great way of selling a business and simultaneously rewarding those who have worked hard to make it successful. The theory of an MBO is straight forward but there are huge emotional hurdles to be overcome. The ego loves to create mischief and cause havoc, limiting beliefs get exposed and if not dealt with disaster can ensue.
In this article I talk about how lawyers incite suspicion and how it takes time to transition from being a competent manager to becoming an adroit CEO.View the Article