Semi-Organic Growth

Semi-Organic Growth
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Описание книги

A guide for protecting your wealth in an age of turbulent business cycles In Prosperity in the Age of Decline, Brian and Alan Beaulieu—the CEO and President of the Institute for Trend Research® (ITR)—offer an informed, meticulously-researched look at the future and the coming Great Depression. Drawing on ITR's 94.7% forecast accuracy rate, the book outlines specific, actionable strategies for capitalizing on cyclical opportunities and dodging economic danger. In this important resource, the authors reveal what it will take for individual investors and business leaders to prosper as the economy heats up prior to the predicted downturn, preserve wealth in the upcoming Great Depression, and profit on the way out of the depression. The imbalances and maladjustments have a while to play out and the authors pinpoint the investment opportunities to be had in the countdown period. The Beaulieu's examine the major economic trends at play, such as low interest rates, burgeoning government debt, and an aging population. They discuss which trends will last and what investors should do with this knowledge in order to thrive. The book also reviews the group of leading economic indicators that most consistently achieve reliable results for predicting where the economy is headed. Designed as a useful tool for investors, the book includes a working list of key trends, describes the upside potential of each trend, and explains the potential threat stemming from a particular trend. Understanding how to capitalize on these trends and knowing how to avoid the common pitfalls are the keys to creating a solid economic future for individual investors and business leaders. Contains the strategies for capitalizing on cyclical opportunities and avoiding economic dangers Offers an examination of major economic trends Includes information on the leading economic indicators that most reliably achieve results Shows how to preserve wealth and avoid the most common investing pitfalls This comprehensive resource offers guidelines for averting cyclical downturns and building on rising industry trends.

Оглавление

Geis George T.. Semi-Organic Growth

Preface

Acknowledgments

Chapter 1. M&A Success and Failure

M&A Activities

Evaluating Performance

Reasons for M&A Failure

Semi-Organic Growth: Beginnings

Chapter 2. Imprinting Semi-Organic Growth

Applied Semantics Deal

What Distinguishes Semi-Organic Growth

Semi-Organic Acceleration

Chapter 3. Google versus Apple: M&A Paths Diverge, then Converge

Historical Perspective in M&A Activity

Dyadic Cascading

M&A Strategy Changes

Chapter 4. M&A Market Modeling

An MIT Market Model for Google

Key Steps in Market Modeling

Using Marketing Modeling

Broad Appeal of Market Modeling

Chapter 5. Google Media Deals

Media Deal Categories

Google's Media Schizophrenia

Chapter 6. Google Internet Deals

Internet Services/Software Market Model

Post-Closure Deal Analysis

Chapter 7. Google Technology Platform Deals

Smartphones

The Smart Home

Robotics and Artificial Intelligence

Technology Platform Scope and Endgame

Chapter 8. Failed or Shuttered Deals

Success Metrics

Goodwill Write-Downs and Deal Failure

Failure and the Spirit of Experimentation

Some Shuttered Transactions

An Acquisition and Rapid Exit

Overall Assessment of the Motorola Deal

Chapter 9. Disclosure versus Secrecy

SEC Guidelines for Disclosure

Company Secrecy/Disclosure Motives

Disclosing Value and Terms

Materiality Revisited

Chapter 10. Forms of Consideration

Stock versus Cash as Consideration

Motivations for Using Cash or Stock

Consideration Beyond the Close

Chapter 11. Contingent Consideration

The Earn-out

Retention Bonuses

Moving Away from Earn-outs

Chapter 12. Dimensions of M&A Integration and Semi-Organic Growth

Typologies for M&A Integration

Google's Integration Styles

Microanalysis Necessary

Chapter 13. Acqui-Hires Enhancing Google Offerings

Why Products to Reach Customers Should Drive M&A Activity

Forms of Acqui-Hiring

Google M&A Alumni

Chapter 14. Competitive Deal Constellations and Ecosystem Synergy

Competitive Constellations: Google versus Amazon

Ecosystem Synergy

Ecosystem Synergy and Semi-Organic Growth

References

About the Website

About the Author

Index

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Отрывок из книги

To George S. Geis, Terri L. Geis, and Anne L. Geis – three ongoing sources of semi-organic growth

Then along came Google. Starting with the early days of Google, acquisitions appeared to play a particularly important role in the strategic unfolding of this iconic company. Google was becoming an experimental lab, not only for products and services but also in utilizing M&A to further its purposes.

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Chapter 7 explains how acquisitions have played a key role in extending Google beyond its core search/advertising business to an ever-expanding technology platform for new products and services. The chapter explores acquisitions that relate to subsectors of this platform, including smartphone, smart home, robotics, and artificial intelligence.

Chapter 8 illustrates that although Google is regarded as having developed the most successful technology M&A program in history, certainly not all of its deals have done well. This chapter examines some of Google's abortive transactions and suggests reasons for these failures. We also provide an analysis of gains and losses associated with the purchase of Motorola Mobility.

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