Category: Strategy
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Mergers & Acquisitions : Why it hasn’t been great
I blame both Spring Week and Summer Associate recruiting for the number of times I told an interviewer that M&A was my passion and intellectual calling. I had to read up on so many deals – looking at each bank’s transactions and picking one to express my amazement at the genius of such a deal.…
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The Innovator’s Dilemma – one of the most insightful works I love
The Innovator’s Dilemma is a book by Harvard Business School professor Clayton Christensen. The book covers the challenges that established companies face when they have to decide between focusing on improving their existing products and services, which are often profitable, or investing in disruptive innovations that may have uncertain returns and could potentially cannibalise their…
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Political resources and competitive advantage
That political influence can be a boon to business performance is almost stupidly obvious. Trump’s election saw his close ally Elon Musk enjoy a boost to the valuation of his companies. Even back in the Suharto era, the import of cloves was regulated and hence allowed the formation of monopolies trading the spice. The resource-based…