Monthly Archives: June 2013

  • IT In India: Reforms And Improving Economy Spark Brighter Outlook

    By expanding their global presence, Indian IT providers can drive synergies and innovation while recruiting talent that is closer to their clients. Combine new business friendly government policies with increasing domestic demand from consumers and businesses alike and 2013 is shaping up to be a good year for the $100 billion IT Services industry in […]

  • Indian IT Cos’ Sales & Profits Up, Valuations Down

    India’s IT firms have increasing profits, yet declining valuations. While this seems counter intuitive, it shows that company size and the specific business they are in matters. An August 6, 2012 Times of India article reported that tier II IT companies are out performing tier I in sales growth and profit margins. The ETIG analysis was of 17 tier-II IT […]

  • Will Wipro’s iStructure Change The Game?

    The good news is that right now the smaller Indian companies are in a unique place to optimize their value by being acquired by international firms seeking to strengthen their positions in India. For India’s IT Services companies, the competitive landscape changed in June of this year when Wipro announced iStructure. iStructure is the platform […]

  • Save Your Startup: Hire A Good Lawyer On Day One

    It’s no secret that companies brimming with great ideas fail every day. Good legal representation is essential to keep your startup running smoothly — and lawyers with foresight can make an even bigger contribution, says Nick Allard, dean of the Brooklyn Law School. First, let me say, I have worked with dozens of startups in […]

  • Bill Belichick, Sheryl Sandberg And The Truth About Leadership

    Bill Belichick has coached the New England Patriots to five Super Bowl appearances, with victories in Super Bowls XXXVI, XXXVIII, and XXXIX. He has been referred to as one of the toughest coaches, if not the toughest, in the league. He has been called “cold and calculating” and will dismiss any player who isn’t helping him win. […]

  • Big Data Won’t Eliminate $200 Million CEO Hiring Mistakes

    Let me start with a fact. A blown executive hire can cost a company hundreds of millions of dollars. Beyond business disruption, there is another cost that was aptly identified by Wharton Professor Luke Taylor as “entrenchment costs.” “Entrenchment” costs are intangible costs. In the case of a board, the entrenchment cost is the board’s inability to fire […]

  • In M&A, People Are The Key

    M&A season is in high gear. More than $158 billion worth of deals has been announced thus far in 2013. The question is, will these deals work? Last week we read about the proposed Office Depot (ODP)-OfficeMax (OMX) merger. Prior to that, Warren Buffet announced that Berkshire Hathaway (BRK-A) was buying Heinz (HNZ). The week […]

  • After Bernanke And Cook, Long-Term Job Growth Takes A Leap Of Faith

    On May 22, Ben Bernanke testified before Congress, and said, “What we are looking for is increased confidence that the labor market is improving and that that improvement is sustainable.” The day before, Tim Cook, Apple’s CEO answered questions on his company’s ability to maneuver in avoiding paying taxes by not repatriating money earned outside the U.S. Bernanke’s statement […]

  • The New Normal?: GDP and Housing Up, Job Growth Tamped Down

    With new homes sales steadily ticking up, and an improved annualized gross domestic product (GDP) growth rate, one would think that employment would improve vastly and be better than the 7.8 percent we have today. But, it is not, and don’t expect it to be in the near future – here is why.> Here’s a […]

  • It’s Still a Jobless Recovery

    March saw a U.S. job increase of 88,000 workers, according to The Bureau of Labor Statistics. That’s despite the DOW Industrial Average just posting its best first quarter since 1998, up 11.25 percent. Plus, according to the graph below from the U.S. Department of Commerce, housing starts are on the rise. Job growth is still anemic. […]