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Leap of Faith? Easier in a Strong Economy?

Martinka Consulting

When the economy sucks (think 2009-2011) too many buyers are overly defensive (and maybe they should be). A heart attack or cancer quickens the pace versus “we want to travel more.” ” The worse the economy the greater the chances it will take a catastrophic event to trigger a sale.

Travel 40
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Mish's Global Economic Trend Analysis: US Consumer Spending.

MishTalk

Consumers opened their wallets some more in March, spending an average of $89, reflecting the normally expected seasonal spring increase in sales. Longer-term, Americans self-reported spending is much stronger than it was from late 2008 to late 2011, but continues to trail early 2008, before the recession gained momentum.

Trends 72
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4 Autopsies of Big Change Management Failures

LSA Global

Borders began as a standard bricks-and-mortar bookstore in Michigan in 1971 and grew to employ almost 20,000 workers before it ceased operations in 2011. Yes, the “old fashioned” bookstores all struggle to compete with online book sales but Borders had additional challenges they failed to meet. The company failed on multiple fronts.

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FTI Consulting Interviews and Culture

Management Consulted

While the years up to 2002 were a time of growth for the firm, 2003 to 2011 brought a whole new meaning to the word “expansion”. The end of 2011 witnessed a new FTI Consulting emerge with clients in a wider range of industries and with dramatically expanded areas of expertise. 2011 saw FTI working for 97 of the top 100 U.S.

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

Revenue: $1.3B+ (2011). They travel quite a bit, but their hours are slightly less than BCG or McKinsey and on par with Bain. Working for the federal government implies a longer sales cycle, but more secure cash, whereas private sector clients could decide in February they will stop a project in March. Website: www.booz.com.

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Saxo Bank's Steen Jakobsen Warns of Global Economic Vacuum, China Slowdown, Germany Growth Negative, 30% S&P Correction

MishTalk

The US Consumer must have known the weather would be bad already last summer looking at this chart of Retails Sales: The US consumer remains 2/3 of the economy but he is still conservative: Spending rose 2.0% in 2012 and 2011. Safe travels, Steen Thanks Steen! Stay an extra day and golf or travel. in 2013 after 2.2%

Banking 74
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How Mergers Change the Way Your Company Competes

Harvard Business

This kind of competition often drives consolidation mergers, in which two firms combine their production and sales. The DOJ opposed the 2011 merger that AT&T and T-Mobile wanted because it feared that the merger would threaten the role of T-Mobile as a disruptive “ un-carrier ” in the telecom industry.

Company 28