Globalization, Employment, and Economic Development |
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Now that a global supply base has emerged in many industries, even small and medium-sized companies with no offshore investments of their own can play the global outsourcing game. However, the impact of this trend on employment and economic development is little understood. Clearly global-scale integration and coordination is needed in the labor movement to match the same trends in the global economy.
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Value Creation in Middle-Market Buyouts: A Transaction-Level Analysis |
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The most important takeaway from this study is that Private Equity, which often gets a bad rap in the media, has been good for entrepreneurship, as entrepreneurial activity is fostered not only through the profits accruing to successful ventures, but through the feedback of the trial and error process itself, in correcting prior error and redeploying assets quickly to higher-valued uses. However, it is clear that the fastest-growing firms are burdened with the least amount of debt. Private equity can lead to better coordination of assets across firms and markets, as new organizational methods and combinations, structures, and processes are tested and deployed.
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The IBM Midmarket CFO Study: "The New Value Integrator." |
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Today’s Midmarket CFOs are faced with the need to tightly manage their balance sheets while positioning their organizations for growth. This dual challenge requires them to define how they can make their operating models more flexible while simultaneously improving their financial planning and analytical capabilities. Yet more than 45 percent of Midmarket CFOs indicate that their Finance organizations are not effective in the areas of integrating information, providing inputs to corporate strategy, and managing risk. With expectations rising faster than effectiveness, Finance organizations need a plan for closing these widening gaps.
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Morgan Stanley Targets Mid-Market Private Equity to Boost Fees |
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Morgan Stanley is starting to win more business from smaller private-equity firms after forming a group of bankers to focus on the sector and generate more fee revenue from buyouts.
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