This episode features Marc Herdegen, Senior Operating Partner for Strategy at New State Capital Partners. Marc is also Chief Operating Officer at New State Portfolio Company and MWM Corporation.
Marc’s past corporate roles have included Senior Director of Marketing and Product Management as well as Senior Strategic Planning Manager at Honeywell, Director of Acquisitions and Development at I Group LLC, a family office, and Corporate Strategy Consultant at Bain. Marc also served as an officer in the United States Army.
About New State Capital Partners
Mr. Herdegen and His Role
Point of Engagement
Playbook or Common Elements
Keys to Working with the Management Team
Working with Third Party Resources like Chief Outsiders
Words of Advice for Operating Partners in a Similar Role
Being an authentic engaging partner is truly what the portfolio company employees, not just the management, are looking for. So, understanding what it is that they're facing, the dynamics they have to work within, is really important.
Otherwise, you risk being disconnected. And then you're coming in with ideas that are either a field too far, hard to execute, or aren't truly bought into, and you don't have alignment. And you won't know that unless you're engaging in the right way with the people at the company.