Collaborating long-term with CEOs, leadership teams and investors to accelerate company growth and value
by Randall S. Hancock and George E. Pohle, Vention Growth Partners
July 10, 2017
Technology-enabled trends are disrupting markets, transforming business models, and shifting financial value in today’s Accelerating Business Environment. Working with privately-held growth companies over the past several years, we’ve recognized that CEOs, leadership teams and PE/VC investors need a new model for collaborating with senior advisors on a long-term basis. As a result, we recently launched Vention Growth Partners, a collaborative platform composed of senior advisors and board members focused on partnering long-term with companies and investors to accelerate growth and value.
Investors and growth companies face numerous challenges brought about by today’s fast-changing Accelerating Business Environment, including:
To address these challenges, CEOs, leadership teams and investors need a new model to collaborate on an ongoing basis with senior advisors who bring significant strategic, operational and investing experience to help them make better decisions, improve execution, and accelerate progress.
Vention Growth Partners formalizes an ongoing relationship among senior executives who have worked together for more than two decades. We began our collaboration in the early 1990s at Gemini Consulting, where we helped technology, media and telecommunications clients develop and execute strategies in their converging industries. There we developed shared passion and capabilities working with companies to achieve transformational change and accelerated growth.
We continued working together in the late 1990s at Mainspring, a venture-backed Internet strategy consulting firm founded by John Connolly, that we helped to take public in 2000 and then sold to IBM in 2001. We continued working together as senior executives at IBM, before transitioning into CEO, founder, general manager and operating partner roles in other growth companies and investment firms. More recently our collaboration has continued as we focused on helping CEOs, leadership teams and boards of fast-growing privately-held companies successfully address the critical opportunities and challenges they face.
By working closely with growth companies, we’ve developed a comprehensive view of the critical growth challenges CEOs, leadership teams and investors face as they grow and evolve their businesses. Combining our own experiences and skills with the learnings from working with many growing companies, we have developed best practices, frameworks and tools across a wide variety of areas, including board and governance, vision and strategy, CEO and leadership team, go-to-market approach, delivery model, organization and culture, and financial management.
Instead of reinventing the wheel, growth companies are best served by adopting and refining best practices to their particular situation across all of these areas.
In addition, we believe that growth companies and investors should actively seek out long-term senior advisors who not only complement their existing capabilities, in order to not only fill skill and experience gaps, but also to serve as catalysts helping them accelerate profitable growth. The best senior advisors exhibit these characteristics:
If you’re a CEO, leadership team member, or investor in a privately-held growth company, we would be happy to share more about what we believe are the most successful practices today’s companies have adopted to accelerate their growth and value.
About Us. Randall S. Hancock and George E. Pohle are the co-founders and managing directors of Vention Growth Partners, a group of experienced board members and advisors focused on helping CEOs, senior leadership teams and boards accelerate growth and value.