Tag Archives: strategic growth

A Manufacturing Renaissance; Is the Tech/Software Boom Over?

David ColeDr. David Cole is the Chairman of AutoHarvest (autoharvest.org), a web based tool to accelerate innovation in the auto industry. Dr. Cole is Chairman Emeritus of the Center for Automotive Research and a former Professor of Engineering at the University of Michigan where he taught courses related to the automotive field for over 25 years. He is a fellow of the Society of Automotive Engineers, Engineering Society of Detroit and Society of Manufacturing Engineers and was recently elected to the Automotive Hall of Fame.

We are in a period of amazing, almost transformational change like we have never witnessed before and all indications point to the pace quickening as we move forward from today. Clearly one dimension of this dynamic period is the incredible rate of change in technology that surrounds us from cars and housing to personal communication and healthcare.

For the past several decades the growth in technology is particularly evident in electronics with the control of just about everything shifting to electronic chips and their embedded software. These include cell phones and their multiple apps, the tools we use to design and manufacture goods of all forms, modern agricultural tools that enable farmers to optimize their business and the multitude of electronic items that pervade our lives.

It has been a great run and we have celebrated the enormous success of companies like Apple, Dell, Microsoft and Intel with very high evaluations and significant wealth creation for all involved. A new and really quite profound emerging question is what’s next? I’m not suggesting that these important companies will disappear nor will the technology they have developed but what they have produced and continue to produce may be becoming more of a commodity where the low cost provider wins. Many have seen significant declines in their value in the past several years. Have they peaked and, if so, what’s next?

Continue reading A Manufacturing Renaissance; Is the Tech/Software Boom Over?

The Successful Business Acquisition Process – Step #8 – The Evaluation Process: an Overview

The evaluation process takes places in successive stages or filters as you progress more deeply into the deal.  At any point along the way that you feel uncomfortable with the deal, you should not go through with it. However, be aware that even in deals that go through, extensive problem-solving is often required in order to complete the deal. Continue reading The Successful Business Acquisition Process – Step #8 – The Evaluation Process: an Overview

The Successful Business Acquisition Process – Step #6 – Casting the net for business leads

This chapter reviews the primary ways in which you learn about businesses for sale.  An elaborate but informal network of brokers are the best direct source of businesses for sale. Although you may be lucky and find your own company by making direct contacts, you are likely to get a much broader lead pool generated with less effort by building your broker network.

This chapter also describes a method for tracking your leads and the typical fee agreement that a buyer broker will ask you to sign. Continue reading The Successful Business Acquisition Process – Step #6 – Casting the net for business leads