Lees-top 10: Maximaliseren van M&A-waarde

1. When do you need a chief restructuring officer?
CROs have been active for a couple of decades, yet there are still only a finite number of people who specialize in the role. In the past, a CRO usually came out of an accounting firm as an insolvency practitioner or as an adviser to lenders doing independent reviews of companies. Today, a CRO might also come from the corporate world…

2. A Liquidity Cushion in Troubled Times: The PE Secondaries Market
The private equity (PE) secondaries market refers to the purchase and sale of existing stakes in PE investments, either limited partnership (LP) interests in funds or equity stakes in PE-backed companies. Secondaries offer owners of PE positions a path to liquidity and added flexibility in managing a portfolio of PE investments. It allows them to sell their stakes prior to fund dissolution or investment exit.

3. Entrepreneurship Frameworks That Work
The romantic ideal of the entrepreneur as either the kid with the lemonade stand or the college dropout working from a Silicon Valley garage is real, but that’s not the whole story. Entrepreneurs are also mums puzzling through how to pay the bills, and dads working to feed their kids. What all forms of entrepreneurship have in common is a tonne of hard work. Using a proven framework is a great way to take your first steps towards becoming an entrepreneur.

4. To unlock better decision making, plan better meetings
In this episode of the McKinsey Podcast, Simon London speaks with McKinsey’s Aaron De Smet and Leigh Weiss about planning more effective decision meetings. An edited version of their conversation follows.

5. 5 Strategies for Reinventing Your Career in Uncertain Times
During times of uncertainty, we tend to hunker down and cling to the status quo. A kind of myopia kicks in, and we focus on our most urgent decisions: how to keep our families safe and healthy, how to keep our bosses happy, or, if we’ve lost a job, how to find a new one as quickly as possible. When we’re overwhelmed, it can be hard to find the time, motivation, and mental energy to think about longer-term questions.

6. 6 rules to create and deliver a punchy presentation
The best way to overcome public speaking anxiety is to prepare. The more you prepare, the more confident you’ll be. The more confident you are, the more relaxed you and your audience will feel. The more relaxed you feel, the greater your ability to incorporate humour and storytelling.

7. Becoming a sustainable leader
Automation. Digitisation. Trade wars. Climate change. And now the coronavirus pandemic. To excel, in fact even to survive, there is a need for a new kind of organisational leadership regardless of the setting — for-profit, not-for-profit, private, public, or government. Sustainability makes business sense. Finance leaders can strengthen financial performance by improving the community and the environment.

8. Reconciliation Economics: What Joe Biden’s Victory Means for Companies and Business Leaders
Thanks to narrow victories in major swing states, Joe Biden will become the next President of the United States, but this won’t mean the end of uncertainty for the U.S. economy. After all, Donald Trump has filed lawsuits alleging election fraud and a judiciary battle is brewing that could last until early December.

9. Organisational Data: The Silver Lining in the Covid-19 Cloud
Covid-19 has dealt most businesses a heavy blow, but the pandemic has at least one underacknowledged upside. By moving organisations from the office into the virtual space, Covid-19 has cracked open a treasure trove of data that can be used to streamline and optimise how organisations operate. We wrote a (free) eBook to help you capitalise on it.

10. How to find and maximize digital value in any M&A deal
Even when digital capabilities aren’t the centerpiece of a deal, they still can provide significant deal value with the right due diligence and integration planning.