Focused on four vertical markets, this private equity firm, with over $19 billion in cumulative committed capital, invests in companies that demonstrate a clear potential for building long-term value and generating superior returns. Located in Northern California, the PE firm’s portcos span consumer, financial services, industrial, and high-tech companies.
With a multinational mining portco embarking on numerous transformation projects, the PE firm’s operating executive, in collaboration with key stakeholders at the portco, identified the lack of critical expertise in multiple departments for achieving its business goals.
After further analyzing and defining the portco’s strategic workforce plans, the PE firm identified three key talent gaps:
To fill the required roles, the Operating Executive decided to kick things off by hiring a senior PMO manager. He pursued traditional methods for hiring an experienced professional for the role, but this approach proved too slow and inefficient. Seeking a faster, more cost-effective option for acquiring talent, the Operating Executive reviewed the market and decided to investigate Graphite.
When the Operating Executive contacted Graphite to learn more about its proven on-demand model, the PE firm was assigned to an experienced account manager who explained Graphite’s streamlined process. This included a two-tiered vetting process for identifying and presenting 2-4 curated independent experts, typically within 24-48 hours, many of whom bring deep expertise working at some of the world’s leading consulting firms.
Impressed with the quality of available talent, the Operating Executive decided to proceed with leveraging Graphite. He then developed a requirements list.
Once the account manager obtained the PE’s requirements, he turned to Graphite’s AI-powered platform to access a pool of over 9,000 independent experts and obtain a shortlist of qualified candidates. The account manager further curated the list and, within 36 hours of obtaining the requirements, presented the top two candidates.
Using the Graphite in-app messaging and live virtual meeting tools, the Operating Executive, in collaboration with key leaders at the portco, vetted the two shortlisted candidates and quickly selected the expert with the best combination of skills. Next, a dedicated customer success team member was assigned to the PE firm. He smoothly coordinated the onboarding processes for the PMO expert, all within days of the Operating Executive’s initial contact.
As the project with the PMO expert proceeded, the outcomes were proving so successful that the Operating Executive decided to seek Graphite independent experts for the two remaining mining portco needs: an IT Project Manager for the EPM consolidation and the Reliability Engineer for the Operations team to support the supply chain optimization project.
In addition, the Industrial Operating Executive introduced Graphite to his peers and recommended they engage with Graphite’s independent experts to drive investment returns in their verticals.
Today, the PE company considers Graphite, a trusted business partner that can quickly and cost-effectively help portcos fix issues and fill gaps by supplying highly-qualified on-demand talent.
For each project-based need, Graphite provides white-glove service for smoothly selecting, onboarding, and rolling off experts once goals are met. In addition, Graphite’s AI-powered platform eliminates administrative overhead for each portco by supplying an intuitive in-app invoicing and payment interface. The platform also provides detailed project tracking, including deliverables, tasks completed, and work hours submitted.
For the PE firm, the revenue-enhancing benefits of the first three projects at the mining portco include:
Operations Process Improvements - During the 6-month project, the selected independent expert bought 18+ years of industrial and PMO experience at respected consulting firms to:
Technology Modernization - For this 12-month project, the selected independent expert brought 30+ years of Project Management experience at companies such as Goodyear and Diebold Nixdorf to
Supply Chain Optimization - During this 6-month project, the selected independent expert brought nearly 20 years of reliability engineering experience in lean manufacturing along with deep expertise in applying Six Sigma Black Belt expertise.. The independent expert leveraged this experience to