President & CEO
Pratch & Company
Pratch & Company helps private equity investors, senior executives and corporate directors more successfully manage the human dimensions of executing corporate strategy. For our clients, we assess the leadership strengths and shortcomings of executives who must function well for buyouts, turnarounds, and mergers to achieve their targets. We coach executives in order to support lasting improvement in executives' effectiveness. We advise organizations on key aspects of finding, creating, developing and keeping executive talent.
We reduce the number of hiring mistakes and provide guidance for how Boards and other leaders can get the most performance out of executives who should be (and are) hired. To improve the quality of hiring decisions we use a unique approach to psychological assessment, our Active Coping Assessment SM system. This system, rigorously tested in academic research and published in peer-reviewed journals, permits us to make fine-grained distinctions and powerful predictions that are not possible using any other assessment approach. Assessing key executives with this system prior to hiring them or deciding whether to fund a particular proposal dramatically enhances the chances of making the right decision. Given the enormous human and financial costs of hiring mistakes, an investment in a psychological assessment repays itself many times over.
The predictive power of our clinically based methods of assessing potential executives and other business leaders is more than three times as great as the skills and talent tests and methods used by most psychologists who act as business consultants. Our methods tap into behaviors and attitudes that the subject cannot control but which nevertheless exert powerful influence over how he or she functions in the work place. Our clients regard our assessment as the best kind of psychological due diligence to be undertaken prior to making funding and/or hiring decisions.
Our coaching services help high-functioning executives and entrepreneurs achieve rapid and long-lasting personal growth. They gain a deep understanding of their psychological strengths and weaknesses and how their personality can be leveraged to improve their decision-making. We evaluate management teams to assess their ability to meet corporate objectives. These audits identify organizational, interpersonal or goal-related conflicts or tensions that may be interfering with organizational effectiveness.