Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, publisher of www.GavdosPress.com and Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation.
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We have been in the midst of a fundamental and historic shift of how the economies around the world develop. With the collapse of communism, the centralized and state control model of the economy has also collapsed. Other socialist State models, i.e., Sweden, UK before Margaret Thatcher, have also collapsed. What we have now, however, imperfect it maybe, is the model of the “Free Market.”
This shift is occurring in parallel with two other sociopolitical expressions:
- Smaller government, though the last couple years this seems to have moderated quite a bit, and
- the need, indeed the demand by our society to provide assistance, protection, and distribution of economic benefits a “fair” way
What we are witnessing is a major shift on “how we can fulfill our expectations of a humanistic society” while we keep the state’s interventions and control power at minimum.
Before I deal with this question (shift) let me digress in to a bit of history . . . . After all, how can a Greek get up to talk about such matters without referring to HISTORY .
Continue reading THE BUSINESS ENTERPRISE AND TODAY’S SOCIETY “Article 2”
Dr. John Psarouthakis, Executive Editor of www.BusinessThnker.com, is the Founder and former CEO of JP Industries, Inc, a Fortune 500 industrial group. that acquired 28 operations in USA and western Europe before merging with T&N, a British group.
Because the content of this article is still relevant today as it was in 2009 when it was first posted we are reposting it today.
The successful mergers and acquisitions require a great deal more than just analysis of the financial statements of the candidate. Digging in deeply in the operating details and asking the right questions is a fundamental component of evaluating the candidate. A very involved and intense discussion of all aspects of the business is necessary.
The M&A team will be faced with many challenges and numerous time-critical deadlines and milestones to be met. Customers want to know what is going on, suppliers similarly. During the early stages of the integration process the board’s executive committee must closely oversee and evaluate the effectiveness of the process..
Continue reading A Few Notes on Mergers & Acquisitions
Dr. John Psarouthakis, Executive Editor, www.BusinessThinker.com and former founder and CEO of JPIndustries, Inc., a Fortune 500 industrial group.
For CV details go to:
The preface in my book “Technology Imperative: What Jobs, Jobs, Jobs Really Means in the 21st Century”
My editor and I sat over coffee discussing several possible book projects. If pressed for a working title that day, I might have tried to jam in as much content as possible to describe the concept—something like Technology, Unemployment, Globalization and What America Must Do to Regain Prosperity, Bring Its Economy Back to Life, and Survive in the New Century. That mouthful sums up the plot (if a non-fiction commentary can be described as having a plot) I had in mind.
In truth, every time I began to explain it I became distracted by the subplot That is, these “must do” priorities for confronting and conquering an impending national crisis have failed to capture the public imagination despite dire consequences if we fail. Our politicians seem not to understand what is happening. Some ignore the clear facts, while others bark and circle like sheep dogs herding the populace toward the worst possible outcome. The daily mainstream news report has done little to help. I thought I was conveying frustration as I discussed these things, but my editor saw more and offered his own brief working title. “For the moment,” he said, “I am going to call this your ‘Angry Book’.”
Continue reading What Jobs, Jobs, Jobs Really Means in the 21st Century