The announcement this morning of the acquisition of Baxalta by Shire suggests that the wave of pharmaceutical acquisitions is still ongoing. The current market fluctuation may help others to continue their quest in what is probably the largest sector consolidation we’ve seen in a decade or two. The Shire share price reaction is also interesting…a fall of 8% suggests that investors are increasingly concerned that for this specific deal, and […]
The final instalment of this series of blogs, from the perspective of a mythical CEO of a family owned business being acquired by a multinational corporate. It is based on my experience of deals across Asia and is not specific to one particular transaction. If you’d like to read the previous parts (which may make sense as they’re written in chronological order), you can access them here – Due diligence, […]
I’ve just been given this task…and what a nightmare it is. Many of you will have hopefully read the book ‘Pitch Anything’ by Oren Klaff. Despite its terrible title (which reminds me of the classic, ‘How to make a million bucks in 24 hours’ type books you find at your nearest international airport!), this is probably the most interesting book around sales that I’ve read for a very long time. Oren […]
As I sit in the back of a blue bird taxi in Jakarta on a Tuesday night after a day of pitches…for those of you who haven’t been here, this is likely to take some time….I’m drawn to write about the plague that is increasing impacting consultants, specialist or generalist, local or international, small or large: the ‘try before you buy’ trend You know that things have started to take […]
A frequent complaint that one hears about consultants is that ‘one team sells’ but another delivers…the implication being that the more senior folk are involved in winning the work, but when it comes to delivery, it’s often handed to the less experienced with the expected consequences. Like all professions that deliver a service, the tendency is to try and win at all costs and think about delivery at a later […]
I’m working on a couple of transactions at the moment around the region and one of them in Indonesia led to a moment of insight which I wanted to share. As consultants, we are frequently accused of looking for the big impact change…the magic bullet which will dramatically transform the project / or open the stakeholders eyes to a new way of doing things. In the mergers and acquisitions area though, […]
Are we always going to spend countless hours on planes to get to sit in meeting rooms with colleagues?
This morning, as I sit on yet another flight, this time from Singapore to Hong Kong, it’s ever more apparent to me that far from video conferencing and other forms of communication taking the place of international travel, planes are fuller than ever with business travellers flying short distances for a schedule of meetings, which from my own straw poll over the past 18 months, are mostly internal to their […]
As I reached an interesting milestone in the build of my consultancy in Asia last month, I had a moment to think about what it was that I was actually in control of. Not the stuff that you tell your shareholders, or your boss, or your colleagues or indeed your husband / wife…but the reality. And it struck me in a second of starting simplicity. The only thing I can […]
The 5 questions which turn Selling into Consulting.. I was referred to Michael following the recent piece on SME to Consulting. Really good blog which gets to the heart of the selling issue for consultants.