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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.
Canadian billionaire predicts end of US Dollar as world’s reserve currency Ned Goodman lecture
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Billionaires Dumping Stock + Running From Wall St.
Billionaires are jumping ship from Wall St., with Warren Buffet and George Soros among the notable 1% dumping their stocks in an effort to avoid a feared market crash. We look at analysis of the moves by the power hitters and how too big to fail banks look set to take another hit in this Buzzsaw news clip with Tyrel Ventura and Tabetha Wallace.