Failing Due Diligence
Last time we wrote about the importance of due diligence and how some Private Equity firms (with FTX) and banks (Chase with a student-oriented company, Frank) failed to protect themselves and…
Highlights topics related to innovation and new directions.
Last time we wrote about the importance of due diligence and how some Private Equity firms (with FTX) and banks (Chase with a student-oriented company, Frank) failed to protect themselves and…
This week and next we’ll focus on issues related to due diligence. As M&A activities are likely to increase in 2023, excellence in due diligence is critical for sellers but in particular for acquirers. Yet, there are at least…
The Titanium Economy, a book written by three current and former McKinsey consultants, focuses on describing existing and proposed activities that, to paraphrase the book’s subtitle, will allow industrial businesses to…
The regulatory approval was easier than anyone thought. After all, FTX and crypto savant Samuel Bankman-Fried could buy Farmington State Bank, a three-employee bank in Whitman County, Washington. Of course…
Daily media reports detail personnel cuts at previously high flying fintechs like Chime, Varo, Upstart, Stripe, Blend, and Brex, among others. Most notably, Twitter has announced cuts in the 50% range and Amazon is…
Of course, the best approach to cost cutting is to minimize expenditures upfront, meaning don’t make excessive hires in the first place. There may still be one bank I know that follows that philosophy. Instead…
Of course not! Each of these companies, and many…
We live in a world populated by experts who are confident in providing solutions for many aspects of our lives. It may seem strange for a consultant, a self-proclaimed expert, to say this, but relying on experts to guide or in some cases determine our actions is…
Industry experts expect the Federal Reserve to raise interest rates by up to 75 basis points. A Financial Times survey of economists reveals that 70% predict a 2023 recession. Inflation remains high and maybe going…
Tuesday’s New York Times features an article about Senator Dianne Feinstein. Basically, the article states that many colleagues question whether she is fit to fulfill her duties and shows increasing signs of Alzheimer’s…