Tue.Jun 28, 2022

article thumbnail

The High Impact Behaviors of the Most Effective Directors

Harvard Corporate Governance

Posted by Rusty O'Kelley, Rich Fields, and Laura Sanderson, Russell Reynolds Associates, on Tuesday, June 28, 2022 Editor's Note: Rusty O’Kelley co-leads the Board and CEO Advisory Partners in the Americas, Rich Fields leads the Board Effectiveness practice, and Laura Sanderson co-leads the Board and CEO Advisory Partners in Europe at Russell Reynolds Associates.

290
290
article thumbnail

Meet the psychological needs of your people—all your people

Mckinsey and Company

Too many employers pay too little heed to the needs of the lower earners in their company. Here’s why—and how—they should shift gears.

145
145
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Enhancement and Standardization of Climate-Related Disclosures for Investors

Harvard Corporate Governance

Posted by Leo E. Strine, Jr. (University of Pennsylvania), on Tuesday, June 28, 2022 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; of counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

article thumbnail

How the operating model can unlock the full power of customer experience

Mckinsey and Company

By embedding customer experience within the organization and its operating model, companies can provide superior customer experience and realize tangible business impact.

article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

Amendments to Expand Fund “Names Rule”

Harvard Corporate Governance

Posted by Eric Diamond, Donald Crawshaw, and William G. Farrar, Sullivan & Cromwell LLP, on Tuesday, June 28, 2022 Editor's Note: Eric Diamond , Donald Crawshaw , and William G. Farrar are partners at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Mr. Diamond, Mr. Crawshaw, Mr. Farrar, Nati Hyojin Kim , and Meng Yu.

article thumbnail

The six secrets of profitable airlines

Mckinsey and Company

What airlines can learn from the small group of carriers that yield consistently strong results.

138
138

More Trending

article thumbnail

Forward Thinking on war in Ukraine, inflation, and cooperation in a fractured world with Jean Pisani-Ferry

Mckinsey and Company

An eminent European economist discusses the economic challenges arising from the war in Ukraine, the spreading economic turbulence, and the need to work together to nurture global public goods.

105
105
article thumbnail

Robinhood Merger With FTX Could Be 'Win-Win': Why This Analyst Is Bullish On M&A Rumors

Benzinga

Rumors of Robinhood Markets Inc (NASDAQ: HOOD ) being acquired by FTX sent shares soaring Monday. While FTX CEO and co-founder Sam Bankman-Fried put the rumors to rest for now, one analyst can’t help but think of the possibility of a merger. The Robinhood Analyst: Piper Sandler analyst Richard Repetto has a Neutral rating on Robinhood and a price target of $11.

article thumbnail

The McKinsey Crossword: Future Leaders | No. 82

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

103
103
article thumbnail

Walgreens halts sale of Boots chain citing tougher financial conditions

Financial Times M&A

Owner of UK pharmacy and beauty group blames market turmoil for bids being below its expectations

article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

Converge IT and OT to turbocharge business operations’ scaling power

Mckinsey and Company

The IT/OT stack can be a major stumbling block in digital transformation. Or, with the right changes, it can be the key to unlocking digital at scale.

101
101
article thumbnail

JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

Benzinga

If anything can be said about JetBlue Airways (NASDAQ: JBLU ), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc. (NYSE: SAVE ), which is still focused on merging with Frontier Airlines , a unit of Frontier Group Holdings Inc. (NYSE: ULCC ). What Happened: In a Tuesday letter to Spirit shareholders, JetBlue CEO Robin Hayes declared his company’s “already superior proposal” would be sweetene

article thumbnail

CAA Acquires Rival ICM Partners in $750 Million Deal

NYT M&A

With companies like Apple, Amazon and Netflix muscling in on Hollywood, it’s been harder for smaller agencies to compete.

article thumbnail

JetBlue Modifies Spirit Proposal; Urges Spirit Shareholders Vote Against Frontier Offer

Benzinga

JetBlue Airways (NASDAQ: JBLU ) has again modified its proposal to acquire Spirit Airlines Inc (NYSE: SAVE ) based on discussions with Spirit shareholders. JetBlue added a ticking fee, increased the reverse breakup fee to $400 million, and accelerated prepayment to $2.50 per share. Related : JetBlue Submits Improved Proposal For Spirit Airlines At $33.50/share.

98
article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

Creative Artists Agency Acquires ICM

NYT M&A

With companies like Apple, Amazon and Netflix muscling in on Hollywood, it’s been harder for smaller agencies to compete.

article thumbnail

Tristan Tahmaseb Announced as Recipient of The M&A Advisor’s 13th Annual Emerging Leaders Awards

Butcher Joseph & Co.

The M&A Advisor announced Tristan Tahmaseb, Senior Associate, ButcherJoseph & Co., as one of the recipients of the 13th Annual Emerging Leaders Awards. The post Tristan Tahmaseb Announced as Recipient of The M&A Advisor’s 13th Annual Emerging Leaders Awards appeared first on ButcherJoseph & Co.

97
article thumbnail

Boots proves too bitter a pill to swallow

Financial Times M&A

Plus, European Spacs struggle to strike mergers and EY pays up for its cheating scandal

97
article thumbnail

Nine pitfalls to avoid in an ERP transformation program

Avanade

ERP transformation is a massive program akin to surgery on the central nervous system of your organization and understanding the most common mistakes to avoid is critical.

97
article thumbnail

Calculating the benefits of indirect tax software: Making the business case

ThomsonReuters

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. Rather, to make a persuasive case for investment in automation, tax teams must explain: where the promised efficiencies will come from. what the return on technology investment (ROI) is going to be. how adding such a solution will improve dep

article thumbnail

In search of fashion’s sustainability seekers

Mckinsey and Company

As eco-conscious generations become more financially stable, brands will need to keep up with increasing demand for sustainable fashion practices.

88
article thumbnail

£5bn Boots sale abandoned as potential buyers struggle to raise funds

The Guardian M&A

UK’s biggest chemist to stay with Walgreens Boots Alliance as market turmoil makes debt-funded takeovers difficult Boots will remain under the ownership of Walgreens Boots Alliance after the US pharmacy company abandoned a sale of Britain’s biggest chemist. Walgreens has been looking to sell Boots and its related No7 Beauty brand since the end of last year, with a formal review of its options beginning in January.

article thumbnail

KKR takes back seat in Toshiba bidding process

Financial Times M&A

Move leaves rival Bain in lead position to take Japanese conglomerate private

75
article thumbnail

CFIUS Probing Ericsson's $6.2B Vonage Buy

Law 360 M&A

Swedish telecommunications giant Ericsson disclosed Tuesday that national security officials are reviewing its plans to buy New Jersey-based internet phone company Vonage for an enterprise value of about $6.2 billion.

article thumbnail

With 21.1% CAGR, Smart Home Market Worth USD 380.52 Billion in 2028

Benzinga

Pune, India, June 28, 2022 (GLOBE NEWSWIRE) -- The global Smart Home Market size was USD 86.48 billion in 2020. The market is expected to grow from USD 99.89 billion in 2021 to USD 380.52 billion in 2028 at a CAGR of 21.1% during the 2022-2028 period. This crucial information is published by Fortune Business Insights™ in its report titled, "Smart Home Market, 2022-2028.".

article thumbnail

Skadden Discusses Delaware Court Rulings on Advance Notice Bylaws and Incumbent Director Conduct

Reynolds Holding

In early 2020, in BlackRock Credit Allocation Income Tr., et al. v. Saba Capital Master Fund, Ltd., 1 the Delaware Supreme Court reiterated that Delaware courts will enforce clear and unambiguous advance notice bylaws according to their terms using ordinary contractual principles. Its ruling reversed a decision by the Court of Chancery and held that a dissident stockholder was barred from presenting its slates of nominees for two closed-end investment funds and a trust because the nominees fai

article thumbnail

NIST discovers that impact on the business matters

Norman Marks

Congratulations to NIST for recognizing that what matters is not risk to information assets, but risk to enterprise objectives. Or so it might seem at first glance when you read their draft Using Business Impact Analysis to Inform Risk Prioritization and Response. But first, I want to thank and congratulate Matt Kelly, editor of Radical […].

article thumbnail

SEC’s SPAC Proposals: Commenters Weigh In

John Jenkins

The comment period for the SEC’s SPAC rule proposals recently expired and as usually happens during in response to a major rule proposal, a flurry of comment letters from heavy hitters arrived during the days before and shortly after the expiration of the comment period.

56
article thumbnail

Four Key Practices for Advancing Your Risk Management Maturity Level

Audit Board

Organizations with immature risk management environments are facing challenges to evolve. With minimal historical risk information to build upon and little to no pre-existing enterprise risk management (ERM) process, it’s difficult to see organization-wide risk clearly or ensure appropriate follow-through. An organization’s risk profile constantly evolves alongside market, industry, and economic conditions and demands from an ever-widening group of stakeholders.

article thumbnail

Pinterest Appoints New CEO, Stock Soars

Benzinga

Pinterest Inc (NYSE: PINS ) shares are soaring in the post-market session on the appointment of online commerce expert Bill Ready as the Chief Executive Officer and a member of the Board of Directors, effective June 29, 2022. Ben Silbermann, co-founder, Chief Executive Officer, and President, will be transitioning to the newly created. Full story available on Benzinga.com.

article thumbnail

Inventory Spikes

Essentials of Corporate Finance

During 2021, much of the talk concerning inventory surrounded shortages due to a variety of factors. In response, many companies increased production and orders to combat supply chain disruptions and increased consumer demand coming out of COVID-19 lockdowns. Now, it appears that companies have overshot demand as inventories have surged. For example, inventories for global manufacturing companies reached a record $1.87 trillion.

52
article thumbnail

Saving for disability care with ABLE accounts

Henry Horne

There’s a tax-advantaged way for taxpayers to save for the needs of family members with disabilities without losing eligibility for other government benefits they’re entitled to. This can be done through an ABLE account, which is a tax-free account that can be used to save for disability-related expenses. Don’t miss: Dependent credits beyond the child … Keep Reading.

52
article thumbnail

M&A Advisor Tip: Employee retention adds business value

Exit Strategy

“To win in the marketplace, you must first win in the workplace.” Those words of Doug Conant, former CEO of Campbell Soup Company, ring particularly true today. The talent market was tight before the pandemic, but now we’re in a critical state. Finding employees is a challenge for everyone. And if you’re selling your business, […]. The post M&A Advisor Tip: Employee retention adds business value appeared first on Exit Strategies Group, Inc.

article thumbnail

Prepare to Shift – Adding Electric Vehicle Infrastructure for Today’s Automotive Retailers

Trout CPA

With automotive OEM’s expanding their Electric Vehicle (EV) offerings with ever more attractive models and range extending capabilities that allow consumers to drive ever farther, the market is poised for significant growth. With US governmental incentives reaching more than $180 billion in 2022, and private investors pumping in more funding, automotive dealers need to start rethinking their business models and dealership platforms to support the new market need.

article thumbnail

Market Pulse – Q4 2021

Exit Strategy

Financing Deals in 2021 Presented by IBBA & M&A Source Deal financing has not changed significantly since before the pandemic. On average, sellers continue to receive 80% or more of total consideration as cash at close. (Cash at close includes senior debt and buyer equity.) Seller financing accounts for 15% or less of most deals. […]. The post Market Pulse – Q4 2021 appeared first on Exit Strategies Group, Inc.