Every fund deck has one hero deal and three missing bodies.
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The First-90 Diagnostic: a sponsor-side framework for evaluating a new PE-backed CEO
Every PE-backed CEO inherits the same first 90 days. A signed deal. A new sponsor. A team that did not choose them. A value creation plan written by people who do not have to execute it. And a clock that started ticking before they got the keys. McKinsey calls this
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