So, folks, analysts often say “ah, they have a strong management team.” And the truth is that I have absolutely no idea what people mean by this. I know what they are *trying* to mean - that the management team is not going to make stupid mistakes and has had to make hard calls in the past. But the statement comes off sounding like a bunch of phluff.
So, what do you think is required to say that the management team is “strong”?
Some things that seem plausible:
* “Years of experience in management” (which is good when conditions are normal, I guess)
* Turnaround experience if the company requires a turnaround.
* Pedigrees? Maybe.
* Industry and political connections? Ability to marshall outside help if needed?
Comments on this or other ideas??