28 Mar, 2009 | by Sanjeev Kumar
The markets seem to be questioning the government’s ability to find a workable solution to this current turmoil in other words government’s ability to find a FIX. And this is becoming increasingly evident by the way markets have reacted in the past few weeks. Al though one might say that the market itself is INEFFICIENT by design and DYSFUNCTIONAL in the current environment. And there are also those who would say that the whole MESS was created by the same market participants themselves in the first place. People who thought the party would never end and carried on with their reckless business practice. So going by the norm that the market is always right is a probably flawed perception? Well, whatever one might say, it’s hard to entirely disagree especially when we have a market that is increasingly behaving like a yo-yo. It either gets too optimistic or finds itself in a fluke rally only to shed all its previous gains or it takes an extreme negative view on everything loosing foresight.
Some would disagree with the above observation and some might agree. Whatever side you are on, one can safely say that without government support the market may not have survived.
But even with government support the market is not working as it should. continue reading »
22 Mar, 2009 | by Erik Luhrs
Unconscious fear-based business models propel most firms – and the people within them – head first into self-fulfilling failure. But with just five easy steps that dreaded scenario can be turned into fantastic success.
During 2008, all of us who are entrepreneurs and business owners faced the most devastating challenges since the Great Depression. But by simply following five proven steps we can all avoid stressful and financially detrimental pitfalls and mistakes in 2009. For years, through my business consulting company Make Your Business Boom, we’ve been showing clients throughout the world an innovative five-step method to identify profit-killing fears disguised as organizational plans and strategies. Companies that have implemented the formula have found that their poor performances of the past are quickly replaced with powerfully profitable positive results.
The fact is that individuals, groups, teams, and entire corporations consciously and unconsciously manifest fear into everything they do. Managing, marketing, branding, selling, and negotiating are all aspects of business that suffer from the fear factor – especially during times of extreme economic recession. To root out that toxic emotion and move the mental and emotional hurdles out your path to success, just follow these five steps: continue reading »
13 Mar, 2009 | by Mike Tikkanen
Better Prospects = Better Transactions
These are chaotic times for business valuation. The old rules are changing to reflect the dramatic new reality of the markets. Companies that were hanging on won’t make it much longer, and companies that need to sell will not receive the pricing they would have eighteen months ago. Equity buyers call it the “catch a falling knife” metaphor. Business valuation has always been more of a black art than a science.
Corporate buyers with access to cash receive far better returns on their acquisition dollars during recessions. Troubled deals that would be done in good times are being liquidated, mundane companies are finding it hard to get a fair multiple, and cash is at a premium.
All this points to acquisition as a growth strategy.
Those that discipline their acquisition process will improve their return on investment. continue reading »
7 Mar, 2009 | by David Kaufman
I just celebrated the six month anniversary of being in transition. That’s the vogue way of saying unemployed these days. Like many, I was recently down-sized, or as I was told to say, my position was recently eliminated due to a re-organization. However you word it, I am out looking for work.
Reflection is inevitable during this type of life change, and I find myself looking back at the “rules” of Corporate America and how they seem to have changed. You know the ones I mean, those unwritten truisms we all know and try to live by, yet never saw in any handbook. I thought I would offer an updated perspective during these uncertain times, from the other side of the paycheck.
Before I begin, let me say, I am not an expert. I am not a career coach with formal training or special insights into the job market. I’m just a guy, like many of you, making some observations based on my journey. continue reading »