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“The things you think of as fluffy are key as they become senior, like building rapport with an owner, bankers, external advisors,” Thomas says. "Soft skills matter when hiring at more senior levels, too, as cultural fit is important.” Using new tactics during the interview process. Rat...
The KKR-backed medical staffing company Envision has been discussing restructuring options, having skipped a bond coupon payout in mid-April. It raised over $1 billion in fresh cash last year but struggled to pay off its debts as interest burden mounted and wage costs also went north. ...
Without the funding, “there’s no way we would have stayed open,” Powell says: “It allowed us to struggle and change and adapt and outlast the virus.” There were times last year Powell says he thought about leaving the restaurant business, “but when you’re the boss, you can’t...