Why Industry Consolidations Like the American Airlines and US Airways Merger Are Not Just for Big Companies
We may bemoan the higher airfares that will follow US Air’s buyout of American. But if your mid-market company is operating in an industry with poor economics, don’t be put off.
Buying competitors and gaining market dominance may become the only way to reduce costs, gain pricing power and ensure profitability. Read and weigh in on this Forbes article.
Robert Sher is founding principal of CEO to CEO, a consulting firm of former chief executives that improves the leadership infrastructure of midsized companies seeking to accelerate their performance. He was chief executive of Bentley Publishing Group from 1984 to 2006 and steered the firm to become a leading player in its industry (decorative art publishing).