Remove 2005 Remove Finance Remove Management Remove Restructuring
article thumbnail

Private Equity Can Make Firms More Innovative

Harvard Business Review

If you ask someone who works in finance (as I had to) about PE and innovation, he or she will likely tell you that PE sponsors aren’t looking for the next big thing—they’re looking for companies that are dominant in a market, aren’t risky, and have a predictable and steady stream of cash to pay back debt.

LBO 8
article thumbnail

The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. More radically, they could agree to restructure global economic institutions or change the agenda of existing institutions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Innovating Around a Bureaucracy

Harvard Business Review

Consider the story of the Business Transformation Agency of the Department of Defense, which was founded in 2005 under Defense Secretary Rumsfeld, and "disestablished" in 2011 by Defense Secretary Gates. The Business Transformation Agency was populated by people brought in from the commercial sector.

article thumbnail

How to Know If a Spin-Off Will Succeed

Harvard Business Review

Conversely, the business may be an “unpolished diamond” that was neglected by its former management for too long and whose value is just waiting to be unlocked. Does the business have a complete, balanced, and cohesive management team? Are the management team and owners prepared to abandon business as usual?

article thumbnail

Who’s Responsible for the Walmart Mexico Scandal?

Harvard Business Review

The report describes the company’s governance response and changed compliance framework — from holding 20 audit committee meetings in 2014, to substantial organizational restructuring, to enhanced education and training. Also at issue are what and when management told the board and what processes the board had for oversight.

article thumbnail

Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

public companies from the 1960s up to 2005 in HBR: “Since the mid-1990s, a new competitive dynamic has emerged — greater gaps between the leaders and laggards in an industry, more concentrated and winner-take-all markets, and more churn among rivals in a sector.” Bloom thinks outsourcing is a cause as well.

article thumbnail

Build a Great Company Culture with Help from Technology

Harvard Business Review

Culture, and how to build and sustain one, is one of the toughest challenges for managers, especially in today’s fast-paced, highly competitive organizations. How do you manage the evolution of your company’s culture, and hold on to what makes you great, even as you change and grow?