While there’s been progress in the number of women in senior positions, this year's research shows it is concerningly slow. At the current rate, it will take another 132 years to close the global gender gap. There’s a need for urgency and to be intentional in the ‘push for parity.’ In this report, we show the benefits and progress of women in senior leadership positions, as well as explore the trends and impact of different ways of working.
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When considering that only 20% to 30% of businesses that go to market will actually sell, it’s important to know the factors that impact a business valuation. By applying a value acceleration process framework—one that focuses on increasing value by aligning business, personal, and financial goals—business owners can increase their business value, which will often increase the ease of selling the business, and vice versa.
Cyber threats and fraud schemes are designed to infiltrate and compromise your business. By using this cybersecurity resource guide and taking proactive actions to prevent cyber threats, you can strengthen your defensive strategy. This guide includes: Cyber Fraud OverviewRecommendations and ResourcesQuick Reference Guide for Employees Cybersecurity Checklist
In Canada, as in many other jurisdictions, data breaches that pose a real risk of harm to individuals must be reported. Apart from class action liability, data breaches can trigger large fines and important reputational consequences. While the recent court decisions in Canada—where theft of personal information does not by itself entitle the victim to damages—are favorable for firms that suffer data breaches, firms still need robust cybersecurity safeguards to lessen their changes of being hacked, as data breaches have other costly consequences.
Retaining and recruiting top talent has been a challenge for employers over the last few years, with companies struggling with how to best hold onto and reward employees. Even though there have been some layoffs, many employees are finding new positions quickly and negotiating their compensation and benefits. With a broad range of compensation vehicles available, companies can weigh their options to determine which one will work best for them and ensure they are staying competitive to recruit, retain, and reward desirable employees.
Leaders of founder-owned businesses likely know that the buyer universe essentially breaks down into two main categories—strategic buyers, who focus on synergies and operational integration, and financial sponsors, who emphasize cash flow generation and growth potential in the underlying market. For any founder-owner looking for an optimal outcome in a liquidity event, it’s a good idea to know your audience and its motives.
Drawing examples from HBO’s hit show Succession, where the members of the wealthy Roy family each vie for control of their family-owned business, attorney Stephanie Derks of Foley & Lardner’s Estate & Trusts Practice Group joins Brian Lucareli to discuss the importance of business succession planning. In this 10-minute interview, Stephanie also offers insights and planning ideas and considerations to help family-run businesses to prepare for the day when the family can no longer run their business.
Given the latest court decisions in Delaware and the Federal Trade Commission’s announcements on restrictive covenants, it’s becoming clear that employers will need to rethink or halt their non-compete restrictions and clauses on employees when it comes to their HR policies and procedures.
Many liquidity events involving founder-owned companies face the same underlying challenge: The business owner and outside investors often have diverging perspectives on everything from debt to reliance on third-party advisors to how they think about the future. Bridging this divergence is crucial in finding the right partner and maximizing the value of the sale or investment. Based on extensive experience working with founder-owned companies, we’ve outlined what drives the differences.
There are a lot of upsides to using Artificial Intelligence (AI) technology, but there are also a lot of risks. In this edition of Warner’s Emerging Media and Technologies Industry Update, Brian Wassom offers tips and guidance on what businesses can do to protect themselves against AI pitfalls that could put them in the legal hot seat. Watch the video to learn more about this emerging space and the risks associated with AI, including the big issues concerning privacy, copyright infringement, and accuracy.