In the following brief informational post, Douglas Battista, a California-based businessman and finance professional, answers a few common questions about private equity.
Q: What is private equity?
Douglas Battista: Private equity leverages the cash of high net-worth companies and individuals for investment purposes. Private equity partners invest their money and monies raised to acquire equity ownership in public and private companies. Most private equity partnerships require a minimum investment, usually greater than $250,000.
Running a business is no easy task and one made even more difficult in a competitive market. Many entrepreneurs lack business acumen and do not know how to properly manage their organization, even if they have a great product. Here, operations expert Douglas Battista explains the importance of private equity firms, a type of investment entity often discussed in the media.
Q: How does private equity work?
Douglas Battista: Essentially, a private equity firm is a group of investors that pool their money together to provide working capital for new or underperforming companies. The investors gain equity in the company and earn a profit only when the business’ performance improves.
Douglas Battista has traveled for work since he was in college. Over the years, the Jenny Craig executive has picked up a few ideas to make travel a little less like a chore. In this brief narrative, Battista outlines a few of his most trusted travel tricks.
Reduce germ exposure
Douglas Battista is keenly aware that air travel means coming into contact with all types of germs. He says one trick he uses to kill airborne germs before they enter his system is a simple swipe of bacitracin in the nostrils. Travel-sized hand sanitizer and antibacterial wipes are also a staple in Battista’s anti-germ arsenal.
Modern conveniences like text messaging and email make it easier and faster to connect with co-workers, consultants, and remote employees. The unfortunate downside is that it is often more difficult to actually communicate what’s being said. Here, Douglas Battista answers questions about problem resolution in the workplace and explains when an email works and when it doesn’t.
Q: How can I communicate clearly to my co-workers when we’re trying to work through a problem?
Douglas Battista: In order to solve problems with another department, for example, you must first understand why a resolution is important in the first place. Take the time to sit down (in person) with the involved parties and get to know their perspectives on the issue. Ask them what their concerns are and really listen. A place of common ground is a considerably better place to begin, rather than facing off on opposing sides of an issue.
One of the most important principles of personal development is the idea that we have to take 100% responsibility for our lives. Responsibility is fairly simple, according to Douglas Battista. Follow a certain set of guidelines, in every action you do and you’ll be a very responsible person.- Responsibility means nothing if you don’t follow through on commitments.
– Never place the blame. Be courageous and take full accountability for the actions you have made, and never say that it is anyone else’s fault except your own.
– Don’t complain too much. Talking negatively about every interaction in your life won’t get you far, notes Douglas Battista. Sure, you can’t change the price of gas, but you’re certainly not the only one with this problem.
– Don’t use excuses. Similar to the above, in any situation there are always factors outside of our control. An irresponsible person insists these are the reasons a task failed, but what he or she is really doing is denying any responsibility. A responsible person admits the real reasons why he or she hasn’t accomplished something. Continue reading
Douglas Battista Discusses Value of HR During Turbulent Times
Escondido, California, United States of America (Free-Press-Release.com) May 23, 2012 — Douglas Battista has served in human resources in both good, and more difficult, economic times. As President of North America Field Operations for Jenny Craig’s North America business, a Nestlé company, Battista has learned the value that a skilled human resources staff can add to an organization.
Talent Acquisition Is Vital to Business, Says Douglas Battista
Douglas Battista, Jenny Craig’s President of North America Field Operations, had the opportunity to participate in an open dialogue at the 2011 Talent Acquisition Conference. During the conversation, this former Head of Talent Acquisition for Nestlé USA spoke about the benefits of teaming with a recruiting agency that has an established presence at home and abroad. Continue reading