Someone once joked that economists were created to make weather forecasters look good. Unfortunately, these days, it’s tough to say who’s doing a better job. A little over a year ago, the Organization for Economic Co-operation and Development (OECD) encouraged global economies to pursue a “...
When I was asked to serve as guest editor for JCR ’s energy-focused edition last year, in trying to cover a breadth of developing trends across the industry we asked authors to focus on the investor and considerations that were important in making the investment decision. Since that time, the...
Even though default rates and corporate Chapter 11 filings remain at historic lows, a number of industries have been experiencing financial distress, including oil and gas, retail, higher education, and food processing. Hot topics affecting restructurings in all industries include potential limits...
There is no question that we are living through the most dynamic U.S. retail environment since Wal-Mart rolled out nationwide in the 1990s. This time, it’s not a better operator dominating in head-to-head competition, but rather the tipping point of digital commerce and the advent of fast fashion...
In my role as a guest editor of the JCR over the past couple of years, I have asked authors to focus on topics related to the energy business from the perspectives of both the investor and the turnaround professional. This year we have shifted to a survey format covering a broad range of topics...
As a longtime writer for the Journal of Corporate Renewal , I was delighted to be asked to act as guest editor for this issue. Traditionally, TMA has had themes for each JCR issue. This year, it has moved away from them, in large part to make sure that the JCR can cover timely topics relevant...
When I last served as guest editor for the JCR , we focused exclusively on an industry familiar to most turnaround practitioners—construction contracting. This time around, readers have the opportunity to dive into a wealth of knowledge spanning a number of current and pervasive topics impacting...
Nonprofits are big business, with more than 1 million entities contributing 5 percent of the U.S. gross domestic product. The size and prevalence of nonprofits are also visible in the donations of time and treasure. Last year, more than 63 million Americans volunteered their services to...
George Bernard Shaw once said, “Progress is impossible without change, and those who cannot change their minds cannot change anything.” Those words have a special resonance for those of us in the turnaround community, especially those who focus on retail. We have witnessed record-shattering e-...
A year ago, uncertainty was the pervasive concern for a lot of people across our industry. That uncertainty covered a number of areas, both economic and political, on our shores and others. Twelve months ago the outcome of the U.S. election wasn’t clear, the risks arising from Brexit were unknown,...
