Well, the CEO panelists for “Exits – Traps and Triumphs” at Drexel did not disappoint the audience one bit. Jean Anne Booth, Founder and CEO of UnaliWear, Paul Litwack, CEO of Axcentria Pharmaceuticals, Gerie DiPiano, Chairman, President and CEO of FemmePharma Healthcare, and Lars Bjork, former Founder and CEO of Qlik Technologies each came with […]
Cybersecurity issues are deal breakers. In a recent survey on software mergers and acquisitions conducted by West Monroe Partners, more than half of the respondents surveyed reported discovering a cybersecurity problem after deal closing. Cybersecurity issues were the second-most common reason that deals were killed, and the second-most common reason buyers and investors regretted doing […]
Here is the scoop on the CEO panel discussion on exits on which I have been working with Chuck Sacco at the Close School of Entrepreneurship at Drexel University. “Exits – Traps and Triumphs” is a conversation by CEOs for business owners, CEOs and other C-level executives who want to learn about the execution phase […]
Whenever I speak to CEOs I usually get the impression that they totally have their act together and do not experience fear, worry or regret when running their companies and leading their teams. And I guess that for the most part, that is true because in their predominant domain as the leader of their business, […]
Cyber security problems in M&A deals are no longer for the other guy to worry about. If you think that it is only software, communications and related information technology companies that are impacted by cyber security issues before, during and after their sale, then you are flirting with potential disaster and real hard money losses […]
I have had the good fortune this spring to feed my addictive interest in cyber security by attending several high quality conferences full of great content, deep learning and excellent connections. The first one this year was the Financial Times Cyber Security Summit in Washington. I had the pleasure of attending the 2016 Financial Times […]
CEOs were never trained for the complex, confusing and convoluted process that is the exit from their business. Yet in taking care of their team by Preparing, Talking, Listening, and Empathizing, they will succeed.
It also means that just as each part of your detailed business action plan is imagined, devised and implemented, the exit action plan is likewise prepared and acted upon with the same degree of intensity and thoroughness. It’s very simple – Be Prepared!
No doubt that cyber security is a key risk in business, but more specifically in mergers and acquisitions. Certainly, logic says that the larger and more diverse the entity, the more complicated the information technology environment will be, but so too will be the resources to adequately handle due diligence scrutiny. For small and medium […]
The crazy, convoluted and confusing process that is your exit transaction is made more so today by the awareness and inclusion of cyber security risks, due diligence and integration issues and impacts. Size does not matter at all when it comes to cyber security. Because you use a computer, a smartphone, a network and other […]