Home » Economics
Category Archives: Economics
Consumer price hikes hit your wallet
Consumer prices jumped 0.4% May, its sharpest increase in 15 months. Christine Romans breaks down the numbers for New Day’s Michaela Pereira.
US Economic Leadership — Is it at Risk?
On February 26, 2014, the Richman center hosted a Public Lecture Series on ” US Economic Leadership- Is it at Risk? ” featuring Glenn Hubbard, Dean and Russell L. Carson Professor of Finance and Economics, Columbia Business School and moderated by Edmund S. Phelps, 2006 Nobel Prize Winner, McVickar Professor of Political Economy and Director of the Center on Capitalism and Society, Columbia University.
From Rome to Spain to Japan, policy mistakes on currencies, immigration, regulation, government oversight and intervention and other key issues, have had devastating impacts on nations and their people. What are our policy makers doing right and wrong? What are they avoiding that they should be doing? How can we avoid repeating history? This lecture will look at current economic policies and policy decisions our leaders should be making.
Peter Blair Henry: Third World Lessons for First World Growth
IMF Chief Christine Lagarde at Stanford’s Freeman Spogli Institute for International Studies
Using Water Wisely: The Business Case for Sustainable Water Management
Predicting the Future of the World Economy
The panel includes:
Jacob Frenkel, chairman, JPMorganChase International
Glenn Hubbard, dean and Russell L. Carson Professor of Finance and Economics, Columbia Business School,
Ruchir Sharma, Head of Emerging Markets and Global Macro, Morgan Stanley Investment Management
Joseph Stiglitz, University Professor, Columbia University
Shang-Jin Wei, NT Wang Professor of Chinese Business and Economy; Director of the Jerome A. Chazen Institute of International Business, Columbia Business School
Presented by the Chazen Institute of International Business with media partner Foreign Affairs.
Entrepreneurs and Small Business Owners Can Use Acquisitions to Double or Triple Their Customer Base Overnight
Business Growth Strategies
What many business owners don’t realize is that it can be cheaper as well faster to go with the acquisitions growth strategy. To illustrate this, let’s take a look at cases where this was capitalized on from the recent past. Specifically, let’s look at businesses which utilized subscriber revenue models such as cable-TV and Internet service providers. If you owned a small system in either industry, you were faced with a choice of growth through marketing or acquisitions. Now suppose that you had set as your goal a doubling of your subscriber base in five year’s time. We will assume that this target is extrapolated from your growth rates over the last three years. An analysis of your customer acquisition costs needed to double your sales over three years may show that a marketing based strategy’s costs will exceed those of an acquisition strategy. Morever, the acquisitions route will achieve your goal by doubling the subscriber base as soon as the deal is finalized.
Business Growth via Acquisitions
Back in the 1990s, there was a great deal of M&A activity in the printing industry. One large printer embarked on an acquisitions strategy to expand the market for its three core services: document scanning, fast high-volume printing, and distribution of legal documents, such as proxy statements and collections letters. As a result, the company focused on acquiring small printers which offered only one of these three services. After the acquisition, the absorbed company would be able to offer its customers the expanded range of services made possible by the acquirer. This, in turn, enabled them to win over larger local accounts that they could not have otherwise serviced before.
This is a typical example of what drives a company to employ an acquisitions strategy.
The Tycoon Playbook covers the details of designing a successful M&A strategy for small businesses and entrepreneurial companies.
The Trust Economy: David Etheredge
From stints at Walt Disney Interactive and Microprose software to the Director of International Business Development at Hasbro and as minority partner in renewable energy company, Wind Works, David Etheredge brings an eclectic mix of passion for theatre, technology know-how, and business acumen to his current venture, SavvyCard. Through SavvyCard, David leverages the growth of mobile devices to build the “trust economy”.
Saudi Arabian billionaire prince on his country’s economic futures in wake of tumbling gas price
Prince Alwaleed Bin Talal ranks 17th on the Bloomberg list of billionaires, and has urged his nation to diversify its economy as the U.S. increases its own energy production. He speaks with the “CBS This Morning” co-hosts about how increased production of oil in the U.S. may affect global relations.