“Lift Out” – Our Client wishes to Acquire a High-Functioning Commercial Team in Fresh Produce
Location: Open – UK & EUROPE
Companies looking to expand quickly often choose to merge with or acquire other companies. But the risks of such moves are well-known, and the success rates are dismal as you will be fully aware.
Of course, companies can also build capability by making strategic individual hires but the process is much slower than a mass acquisition, and you never know whether an assortment of stars will work together effectively once they are separated from the conditions and resources that made them successful in previous businesses. Star performers don’t operate in a vacuum; they operate as part of a team, and their success stems at least in part from their team relationships.
There is an alternative, one that’s gained attention in recent years in other sectors: a lift out, which entails hiring a high-functioning group of people from the same company who have worked well together and can quickly come up to speed in a new environment.
Today, lift outs are increasingly common in many professional-services industries—law, advertising, investment banking, consulting, general management, and even medicine. They enable a quick ramp-up in talent without the logistical and psychological stresses of an acquisition or the challenges of creating teams from scratch. The advantages of long-standing relationships and trust help an experienced team make an impact much faster than could a group of people brought together for the first time. There’s no need for team members to get acquainted with one another or establish shared values, mutual accountability, or group norms. Instead, the team can hit the ground running and help the company as business opportunities arise.
And it could be that you are part of a very successful team in the fresh produce sectors in the UK or Europe but are concerned about the viability of the current main business you are aligned to because of all of the issues around the ensuing pandemic and retail/foodservice pressures.
If you want to break free as a highly successful team and be in far better control and grow….you need to speak to our client as they want to talk to you. And if you are a successful commercial individual who can bring business with you and keen to be aligned to an award winning business, our client would also be very keen to speak to you as well.
For more information and for a confidential conversation, please get in contact via this website or call Max MacGillivray on +44 (0) 1284 715055 quoting Ref: 05069M