(Charlotte, NC – March 20, 2018)
Year-to-date merger and acquisition offers from U.S. bidders by value as of March 6.
$ in Billions
Note: All totals represent year-to-date data as of March 6
Source: Dealogic, WSJ.com; Read full article
What We’re Reading
Below are links to select materials and articles that our team found interesting (no partnerships expressed or implied).
(Wall Street Journal) The latest in travel? The ‘surprise trip’, where you don’t know where you’re going until before takeoff – and someone else handles all the worrying logistics.
Research: Do People Get Promoted to Their Level of Incompetence?
(Harvard Business Review) You’ve encountered managers you admire more for their technical skills than for their actual leadership skills. It’s the familiarity of this experience that lends the Peter Principle its popular appeal. The Peter Principle, laid out in a 1969 book by Dr. Laurence J. Peter, describes the following paradox: if organizations promote the best people at their current jobs, then organizations will promote people until they’re no longer good at their jobs. In other words, organizations manage careers so that everyone “rises to the level of their incompetence.”
(Wall Street Journal) Nordstrom views its future brick-and-mortar storefront in Manhattan as critical to its strategy so much that merchandising teams are currently reviewing a life-size mock-up of each floor of their latest Manhattan department store.
(Denver Post) General Mills announced a deal March 6 to create South Dakota’s largest organic crop farm as the company works to secure enough organic ingredients to meet growing consumer demand worldwide.
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