Capitalism, as Peter Drucker remarked in 1954, is in the first instance about creating value for customers. The significance of his dictum becomes ever more important in the fast-changing ...

With key front-end software in place at most financial advisory firms, the time has come to seize opportunities in the back office. Docupace, which describes itself as the “connective tissue for back ...

A version of this article appeared in the Summer 2021 issue of strategy+business. In the blink of an eye, COVID-19 disrupted the business environment and illuminated a profound, sometimes overlooked ...

Defining strategic management has never been easy. I recently confronted this problem again while teaching two courses on strategic management this past summer. I have taught strategic management many ...

When it comes to value creation, private equity firms are steering away from the old norm as dealmaking slows down from its 2021 peak. These firms are increasingly focused on working with operating ...

Strategic fit means the degree to which the companies involved in the merger complement each other, in terms of resources, capabilities, and corporate culture Value creation happens when the merged ...

Leading German filtration company MANN+HUMMEL has adopted Celonis’ Execution Management System (EMS) in a bid to scale process standardization across the organization, extract value and help with its ...

Daimler and Chrysler, Microsoft and Nokia, and Google and Motorola are all examples of big names that thought they’d be stronger together. Instead, the mergers and acquisitions (M&A) involving these ...