Detroit’s Bankruptcy Spelled Municipality Management Risk

The CEO of General Motors ties Detroit’s troubles to the automotive industry.

Is this the entire reason why Detroit has filed for bankruptcy?  Many companies experience risk from turbulent markets.  It’s clear that Detroit is the hub for the automotive industry. Yet, how did Detroit manage this industry concentration risk?  Every municipality is subject to these concentrations.  How do they manage their risks?Read More

Are you building a business or a valuable business?

Is your team building a business or a valuable business?  Let’s fast forward in time and imagine you have arrived at the date to sell the business to a third party. At this point in time, did the business create enough value to support your shareholders’ future objectives? During the build phase, did you know how decisions impacted the business’ value for the shareholders?

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