The Auctus Edge: Mastering Talent & Acquisitions 🔷 June 2024
Auctus Search Partners LLC
Middle Market Talent & Acquisition Solutions I Exec Search & Exec Led Platform Creation
'The Auctus Edge', your monthly insider's guide to talent and acquisitions in the lower middle and middle markets.
This LinkedIn newsletter is expressly curated for private equity professionals, family offices, founders, and high-level executives operating in these spaces.
Subscribe and experience the competitive advantage of 'The Auctus Edge' for talent, insights, trends, leadership-enhancing content, and access to our active opportunities.
This month, we:
🔷 Spotlight Exceptional Executive Talent
🔷 Summarize CIO Office’s Top Priorities on Increased Investment
🔷 Highlight Key Trends Shaping Technology & Security
🔷 Explore Kobe Bryant's Mamba Mentality
Our newsletter aims to provide you with the tools and insights to navigate the complex landscape of talent acquisition and deal-making while fostering a culture of continuous learning.
🎯 Auctus Executives: Talent Drives Value 📈
🔷 Executive A: Renewables Leader - Thesis in Maintenance Services
🔷 Executive B: Recycling Services Leader - Thesis in Recycling Services
🔷 Executive C: Pharma Leader - Thesis in Outsourced Pharma Services
🔷 Executive D: Healthcare Tech Leader - Thesis in Virtual Specialty Healthcare
🔷 Executive E: Food Leader - Thesis in Food Manufacturing
🔷 Executive F: Medical Manufacturing Leader - Thesis in transformative implants
🔷 Executive G: IoT Leader - Thesis in Industrial IoT
🔷 Executive H: Industrial IoT Leader – Thesis in Energy Management
🔷 Executive I: Industrial IoT Leader - Thesis in Environmental Monitoring
🔷 Executive J: HR Leader – Thesis in PEO
🔷 Executive K: Pedigreed Healthcare and Pharma CEO, solid P&L track record, multiple exits, has worked in a PE Portco with an exit
🔷 Executive L: Financial Services Leader - Thesis in Repossession Management
🔷 Executive M: Recycling Leader - Thesis in Salvaged Engines & Transmissions
🔷 Executive N: Build/Brand Environments Leader - Thesis in Design & Build Service Providers
🔷 Executive O: Chief Growth Officer / Strategic Business Development Leader - Expert in International Business Development, Knows Security Software, Cyber, Intelligence, Defense, Space, Military
📩 Intrigued by these exceptional candidates? We have a roster of equally talented executives ready to make a difference in your organization. To learn more or explore how they could propel your team to new heights, don't hesitate to reach out to us at info@AuctusSearchPartners.com
📈 CIO Office: Top 3 Priorities for Increased Investment
📧 Reach out to Margie Thomas , Managing Director and Partner, Technology to discuss your 2024 talent needs at mthomas@AuctusSearchPartners.com
📊 Key Trends in Cybersecurity, AI & Business Intelligence/Data Analytics
Cybersecurity Trends
- AI Integration in Cybersecurity AI and machine learning are becoming central to cybersecurity, enhancing threat detection, predictive analysis, and automated responses. However, adversaries also use these technologies, creating a continuous battle to stay ahead of sophisticated attacks.
- Zero Trust Security Models The Zero Trust model, based on the principle of "never trust, always verify," is gaining traction. This approach continuously verifies the identity and access rights of users and devices, minimizing the risk of unauthorized access and lateral movement within networks.
- Rise of Supply Chain Attacks Supply chain attacks, where hackers target vulnerabilities in third-party suppliers, are increasing. Ensuring the integrity of the entire supply chain has become critical, requiring stringent security measures and constant vigilance.
- Cloud Security Challenges As organizations migrate to the cloud, they face new security challenges, including misconfigurations and data breaches. Enhanced cloud security measures, such as continuous monitoring and robust encryption, are essential to protect sensitive data.
- IoT Security Concerns The proliferation of IoT devices introduces new vulnerabilities. Ensuring robust security for these devices and the networks they connect to is crucial to prevent breaches and large-scale DDoS attacks.
AI Trends
- Generative AI and Security The rise of generative AI (GenAI) is transforming various sectors, but it also poses new security challenges. Organizations must prioritize the security of AI models and the data they use, employing robust cloud security measures and specialized cybersecurity tools.
- Rebuilding Business Applications with GenAI GenAI is redefining business applications, making them more flexible and adaptable. However, this shift requires a reconceptualization of security protocols to address the dynamic and non-deterministic nature of GenAI-powered systems.
- Proliferation of AI-Powered Cybersecurity Tools GenAI is enhancing cybersecurity tools across various domains, from application security and vulnerability analysis to threat detection and response. These tools offer more dynamic and proactive security measures, adapting to new threats in real time.
- Sophisticated AI-Driven Cyber Attacks Cybercriminals are using AI to create more sophisticated attacks, such as phishing and business email compromise (BEC). These AI-driven threats require equally advanced defense mechanisms, including predictive analytics and continuous monitoring.
- Expanding Attack Surface with Edge Devices The increasing use of edge devices for AI processing expands the attack surface. Organizations need specialized endpoint security solutions and real-time monitoring to protect these devices and the networks they connect to.
Business Intelligence/Data Analytics Trends
- Data Democratization Business intelligence tools are becoming more accessible, allowing employees at all levels to leverage data insights. This trend enhances decision-making but requires robust data governance to ensure accuracy and security.
- Advanced Analytics and AI Integration The integration of advanced analytics and AI is driving deeper insights and more accurate predictions. Businesses are using these technologies to gain a competitive edge, optimizing operations and identifying new opportunities.
- Real-Time Analytics Real-time data analytics is becoming essential for businesses to respond swiftly to market changes and operational issues. This capability allows for immediate insights and actions, improving agility and efficiency.
- Data Privacy and Security With the increasing amount of data collected and analyzed, data privacy and security are paramount. Compliance with regulations such as GDPR and CCPA is essential, requiring robust security measures and transparent data practices.
- Predictive and Prescriptive Analytics Moving beyond descriptive analytics, businesses are adopting predictive and prescriptive analytics to foresee future trends and make proactive decisions. These advanced analytics capabilities are crucial for strategic planning and competitive advantage.
ℹ️ Sources and Full Article Links:
📄 Mamba Mentality
by Hitesh Patel , Founder & Managing Partner of Auctus Search Partners LLC
Article from Hitesh's Personal LinkedIn Newsletter "Life, Learning & Leadership"
Original Article Post Date: January 25, 2024
"I don't want to be the next Michael Jordan, I only want to be Kobe Bryant."
Kobe Bryant, a legend whose life and journey still continue to inspire me, accomplished the amazing on and off the court. Ahead of tomorrow, Jan 26th, I share my Kobe Bryant card collection and some of my favorite quotes of his.
Why Basketball Cards Matter to Me
Basketball card collecting and trading was a big part of my childhood. I remember many bike rides to the local card shops 'Past Times' and 'Bleachers' after school, spending hours and hours immersed in cards. I loved it. Still look through my cards every now and then... they are some of my prized possessions. I had extremely low self-esteem and low self-confidence up to and throughout high school, and cards were one of my escapes, my happy places. Brings back so many memories from back in the day. I'll spend hours some days just looking through them.
Passion Creating Passion
These cards sparked my interest in content creation. During my period of focused effort on personal growth these past few years, in addition to books, I dabbled in a few hobbies to stay busy - expert Lego sets, video games (PS5 NBA 2K All Day) and trying out different content creation ideas. I found joy in trying to connect my favorite cards with music and graphics, often losing myself in the creative flow. This newfound passion for design led to me creating all the images and posts for Auctus Search Partners LLC . I can truly say I am a mix between a Business AND Creative professional nowadays. It all began with my love for cards.
Here is a peek into this passion - a short video of my first card creations. Video link below ⬇️ (2 mins 13 seconds). There is music, headphones in, volume up, hope you enjoy.
Want to see more of these videos? Check out my not-so-anonymous-anymore playground YouTube Channel mind manifesto. FYI - this channel is not active nowadays with new content. It's there so I can go back and watch the videos from time to time as I still enjoy them.
Creating anonymous social media accounts allowed for peace of mind from judgement while creating and trying new things out. Nice confidence builder as you start the creative journey. Amazing learning experience. Tried out many many creator apps over the years, nowadays Canva is my go-to.
My Kobe Card Collection
In the video below ⬇️, I showcase my Kobe card collection. Raw cards and PSA Graded. The PSA Graded cards will be the 2nd half of the video, and will have the 'Pop' count and 'Gem Rate %' on the bottom left of the screen as the cards are shown. Video was made in March 2023 so the Pop counts and Gem Rate %'s will likely have changed a bit - stats should still give you a feel for the card's rarity.
* 'Pop' count: Population of how many there are of this grade in the world
* Gem Rate %: % of cards that are given a perfect grade of 'PSA 10 Gem Mint' based on overall condition of card including centering
It's a long video - 27 minutes - with music. If you're not a basketball card fan, you may want to skip this one. For those that decide to watch, hope you enjoy.
Recommended by LinkedIn
Mamba Mentality
"The most important thing is to try and inspire people so that they can be great at whatever they want to do."
"Hard work outweighs talent — every time."
"Failure doesn't exist. It's a figment of your imagination. What does exist is coming up short and having the courage to go back and do it again."
"I realized that intimidation didn't really exist if you're in the right frame of mind."
"I don't want to be the next Michael Jordan, I only want to be Kobe Bryant."
RIP Kobe.
📄 🔗 Full LinkedIn Newsletter Article --> "Mamba Mentality"
📰 🔗 Did Hitesh's article resonate with you? Check out his personal LinkedIn Newsletter "Life, Learning & Leadership. Hitesh's Journey. For Myself, my daughter Maya, Growth, and Anyone it resonates with."
🎯 Auctus Active Opportunities
🔍 Discover all of our opportunities on our LinkedIn homepage
🔍 Explore More with Auctus
🔷 View / Download: Auctus Firm Overview & Case Study Insights
🔷 Visit our website: www.AuctusSearchPartners.com
🔷 Contact us: https://www.auctussearchpartners.com/contact/
🔷 Follow us on social media: LinkedIn
🔷 Partnerships: Chicago Fire FC I Temp Staffing
Auctus One-Pagers - Exec Search & Exec Led - Download PDFs below ⬇️
At Auctus Search Partners LLC, we interview nearly a thousand top-tier P&L executives annually, focusing on those with extensive experience in the lower middle and middle markets.
These seasoned professionals, with 8 to 10+ years deep domain expertise, excel in pivotal business moments such as M&A, integrations, system switches, restructurings, turnarounds and high-growth scenarios. They are drivers in portfolio company value creation.
Our leadership team, deeply involved in Executive-Led Platform Creation, has over 100 years of combined experience in investment banking, private equity, operations, manufacturing, and technology. This expertise significantly adds value when attracting and presenting the talent that private equity firms and family offices need. We offer a one-stop-shop solution, combining Executive-Led Platform Creation and Executive Search. Our unique advantages include:
🔹 Industry Acquisition Thesis: Our executives bring strong theses and unique strategies for acquisitions.
🔹 Differentiation in Acquisition Search: We provide a unique edge in the acquisition search and negotiation process.
🔹 Direct Access to Targets: Our executives often have direct access to multiple acquisition targets, even if they are not currently in the market.
🔹 Leadership Focused on Growth: Our passionate leaders drive growth and value creation.
🔹 Proven Execution Experience: Our executives have a track record of enhancing culture and financial performance.
🔹 Proven Value Creation: Our executives have a proven track record of value creation within operational environments.
🔹 Time Savings: We save private equity firms and family offices significant time by efficiently attracting, screening, and filtering executives.
🔹 Efficient Process: Our Auctus-specific filter system ensures high-quality executives that align with our clients' criteria, often within a week, leading to faster deal closures.
This year, we've seen an uptick in activity with private equity firms and family offices in Executive-Led Platform Creation. We are actively working with many firms and executives at various stages in the process.
At Auctus Search Partners, we firmly believe that “Talent Drives Value.”
Our team’s expertise and efficient process create a unique value proposition for private equity firms and family offices.
📧 Contact the Auctus team to discuss how we can Partner in 2024.
Thank you for joining us. We appreciate your time and interest. As we navigate the dynamic landscape of the lower middle and middle markets, it is our hope that this newsletter will serve as a valuable resource, providing unique insights and quality content. We look forward to your feedback, your contributions, and your continued engagement.
Remember, success in business isn't just about strategy, finance, or even technology; it's about people. Talent is the true competitive advantage, and we're here to help you leverage that to its fullest.
To your success,
The Auctus Search Partners LLC Team
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#AuctusSearchPartners #ExecutiveSearch #ExecutiveLedPlatformCreation #Talent #Acquisitions #TalentDrivesValue
Referenced in 'The Auctus Edge' June 2024 issue. We appreciate you. 🔷 Simplilearn 🔷 CEI 🔷 Cloud Security Alliance