Building acquisition capability
Good discussion of M&A in strategy+business from Booz. Points out that making acquisitions is, like most other activities, something you get better at with practice, so skilled companies build real capability at doing it. Read more
How firms are coping
Mixed news from a recent S+B survey of execs. 75% say they do not need extra financial support – as I suspected – though that may change of course. More worrying is that most seem not to be taking the correct actions, given their specific situations. Read more