by Bruce | January 22, 2023 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Consider: According to PwC’s annual 2023 survey of CEOs worldwide (4,410 from 105 countries), 40% said they did not see their own companies as viable in 10 years if they stayed on their current path. Bob Moritz, PwC’s global chair, summarized it as follows:...
by Bruce | December 12, 2022 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Remember these? We made it customary here at Adam Smith, Esq. to publish a “Letter from….” after our return from any meaningful business trip to noteworthy cities. And, thankfully, here we are. When you’ce been away from anything–a Great...
by Bruce | September 21, 2022 | Articles, Business Models, Finance, Globalization, Leadership, Practice Group Management, Strategy
Geography–a “sense of place”–is often taken for granted as the inevitable but fundamentally random by-product of historical happenstance, and almost never appreciated for the strategic dimension it provides–like it or not. Because...
by Bruce | July 5, 2022 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Recruiting, Strategy
Yes, I’m looking at you, law firm leaders. You, too, have a supply chain. It’s time to start thinking of it that way. May we take a step back for a moment? From the redoubtable St. Louis Fed comes a study Supply Chain Disruptions and Inflation During...
by Bruce | May 2, 2022 | Articles, Finance, Globalization, Leadership, Strategy
Written with Janet Stanton, Partner, Adam Smith, Esq. In our first installment in this two-part series, M&A, Globalization, and Another Thing, we posited that although M&A is cyclical, and may be turning down from its stratospheric (and unsustainable) peak of...
by Bruce | April 19, 2022 | Articles, Finance, Globalization, Leadership, M&A, Practice Group Management, Strategy
Of late we’ve gotten a number of queries from reporters asking us if we think the M&A/private equity investment tsunami of the last year and a half or more has peaked. A wise friend once advised that volunteering forecasts could be performed safely so long...