The art of fostering businesses | Real Deals
In the Real Deals article “Fostering businesses”, Sullivan Street Partners’ Richard Sanders shared key insight and experience with Reporter Matthias Plötz on the importance of trust and transparency when it comes to company culture and value creation.
In our discussion, we explained why ‘community businesses’, based on strong relationships between staff and customers, are particularly attractive to us and sit at the core of our portfolio, as well as the importance of fostering a culture based on inclusion and meritocracy. We also emphasised that building genuine trust through transparent and open communication between parties is paramount when it comes to creating meaningful value in a company.
Challenges can arise when companies move from a founder stage to professional ownership. At the centre of Sullivan Street’s operations and as stewards of our companies, we focus on being open-minded and clear with our approach to ensure that staff and management’s goals are aligned to enable each company’s transformation.
This is a topic that has always been close to our hearts and filters down into every decision we make at Sullivan Street. We’re always happy to discuss value creation from a people’s perspective as we continue to learn what drives the industry and those within it.
Read the full article here: https://lnkd.in/eceZ5QMz