All in the Familia

Family-owned businesses are the backbone of the economies of Latin America and of most other emerging markets. But many such businesses are finding it hard to compete with the global scale, focused strategies, cutting-edge management practices, and deep pockets of multinational companies. The take-away: To survive and thrive, family-owned businesses need governance models that can prevent family squabbles from spilling over into the business while … [ Read more ]

Broadband Media: Look Before You Leap

The bad news: broadband’s technology, infrastructure, and economics are still inadequate. The good news: broadcasters are far more secure from attack than they were at the dawn of the World Wide Web.

What Happened to the Bull Market?

By the time NASDAQ reached its peak in the recent bull market, many financial commentators had begun to accept the idea that stock market valuations were no longer driven solely by the traditional economic factors: earnings growth, inflation, and interest rates. Instead, they suggested, new factors—such as structural changes in the economy, new rules of economics, and the value of intangible assets and brands—justified the … [ Read more ]

Corporate Reform in the Developing World

Advocates of more effective corporate governance have been focusing on corporate reform at the expense of institutional reform. Now is the time to change tactics.

Internet services: Who’s smiling now?

Traditional information technology players such as AT&T, IBM, and EDS are moving back into the driver’s seat.

Why Mergers Fail

A failure to focus on revenue may explain why so many mergers don’t succeed, for while they are in progress, many companies largely ignore it, expecting that it will just keep rolling in. In fact, most companies lose their revenue momentum while concentrating on cost synergies or failing to focus systematically on postmerger growth. Yet in the end, stalled growth hurts a company’s market performance … [ Read more ]

Think local, organize . . . ?

New evidence suggests that the most popular routes to global success are not always reliable.

Note: written in 1993 so the early part of the article is not of much value – read on toward the bottom for useful tidbits, namely the 11 traits correlated with high performance in international markets

Birgit Breuel

President of the Treuhandanstalt, the independent government organization established on June 17, 1990 by the German Democratic Republic to privatize and manage state-owned assets of East Germany.