The Private Equity Foundation leads the way with programme for charity CEOs
Venture philanthropy fund, the Private Equity Foundation (PEF), in conjunction with Deutsche Bank, has introduced world-class leadership training for the chief executives of its portfolio charities. PEF has partnered with a number of leading business institutions to deliver its Full Potential Leadership Programme, which was designed by leadership consulting firm AMG. The nine month course has been tailored to the individual requirements of the participants and will incorporate a residential section at INSEAD, the leading international business school.
Shaks Ghosh, Chief Executive of the Private Equity Foundation, said: “The Private Equity Foundation’s Full Potential Leadership Programme was a natural step for us. Just as private equity firms back their chief executives, at PEF we back the amazing social leaders we have running our portfolio charities. The aim of the programme reflects PEF’s mission which is all about full potential and young people. By helping our chief executives to realise their full potential, ultimately each charity will be better positioned to empower more young people to reach their full potential.
“The programme also gives PEF the opportunity to assist collaboration, both between our portfolio charities and between the third and private sectors, to give our charity leaders the opportunity to share ideas and to access business expertise that simply wouldn’t normally be available to them.”
Assessment, facilitated peer learning, coaching, mentoring and formal executive education will form key aspects of the course and workshops will cover themes identified as important to the charity leaders. They will range from good governance, performance and change management, succession planning and sales and marketing, to managing funders and getting the most out of senior management. Pro bono contributions will come from AMG, Deutsche Bank, Egon Zehnder, Kirkland & Ellis and Monitor, as well as from business leaders Tony De Nunzio and Lord Clive Hollick.
In addition, the charity chief executives will have the opportunity to attend the week long INSEAD Social Entrepreneurship Programme and INSEAD has also created a bespoke session to discuss how the business concepts of competitive advantage can be adapted to the social sector. A further online module from INSEAD will address the growth and strategic direction of social mission organisations using the lens of social entrepreneurship.
The Private Equity Foundation initially aims to foster its portfolio chief executives as a cadre of charity leaders to better tackle its specialist area of young people not in education, employment or training. However, going forward it also hopes that the programme will lay the foundations for an enduring world-class educational platform that will benefit successive generations of charity leaders.
David Fass, Head of Global Banking Europe, Deutsche Bank, said: “Deutsche Bank recognises that leadership is key to running a successful business and it is therefore one of its core values. We are delighted to work in partnership with PEF and INSEAD to help advance these qualities within the charitable sector, working together to achieve our mutual goal of providing sustainable support to our local communities."
Richard Thackray, Chief Executive of AMG, said: “CEOs are developed by experience, perseverance and the responsibility of leading their teams. Bespoke training accelerates this development. PEF’s investment in these CEOs is unique and highly professional; few government, private or public investors currently share this vision. AMG is proud to have built the programme and is excited about working with the CEOs throughout 2009.”
For further information please contact Rosie Davey at rosie@privateequityfoundation.org or call 020 7749 5129 / 07827 804066
