Council Capital had four exciting panels at its 2024 Annual General Meeting, each highlighting a pillar of Council’s investment and value-creation strategies. The third panel, titled “Executive Talent” was a conversation between Council Capital Partner Tim Schulte, Council Capital Chief Talent Officer Chris Nichols, and ICAN CEO David Mikula. They discussed the importance of driving a “people-first” culture and how to source exceptional talent.

Key highlights include:

• Great people make great companies: Private equity is first and foremost a people business, and putting the right people in place is critical for success. This is often an art, more than a science, of identifying the right blend of functional operators and industry experts.
• Talent is difficult, but it is not impossible: While people are the most important asset in a company, leaders are often bogged down by operations, finance, and board meeting prep. The best leaders keep teams highly engaged to drive the company forward, identify HR leads that can act as operators of talent, and source talent with both a ‘head and a heart’.
• Council Capital’s sourcing and talent strategies: Council Capital employs creative strategies to find and create talent. For example, the executive in residence program is dedicated to identifying talented leaders and experts and finding the right business for them to grow, while the value creation chief of staff program is developing a pipeline of future operational leaders for portfolio companies.

David is an outstanding depiction of the executive talent Council strives to bring to all of its portfolio companies as it invests on the right side of change in healthcare

About Council Capital

Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. Council Capital invests in lower middle market healthcare-related companies where it believes it can drive growth by applying its Council Model, which draws upon the resources and experience of its CEO Council (experienced industry executives), Strategic Healthcare Investors, and Value Creation Team. Council Capital leverages its Council Model to attract and support leading management teams and portfolio companies on the ‘right side’ of change in the healthcare industry – where growth will accelerate as cost pressure and quality demands increase. Council Capital targets control and minority investments with enterprise values typically between $10 million and $50 million. For more details, please visit www.councilcapital.com.