Diligence
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Emphasize operational-focused diligence in addition to typical diligence
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Develop a successful go-forward operating strategy
Rapid Resource Changes
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Maintain operating executive relationships to make significant leadership changes with little to no lead time
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Have the ability to staff transitional resources to facilitate seamless changeover
Operating Intensity and Financial Rigor
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Dedicated team leader for each portfolio company to drive value creation
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Team leader typically serves as board chair
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Investment Thesis and Operational Model drivers are deconstructed into tactical action items
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100-day plan, annual operating plan, and strategic plan
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Founding Partners provide management support as part of JWLMP's investment
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Attend monthly operating reviews, regular line reviews, and key financial and strategic meetings
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Establish a robust monthly reporting package