3. Corporate takeovers. The third episode of our series, what can be learned from the “last” crisis in 2008, will not be nice. But we write about reality.
Some companies have emerged stronger from the past economic crisis. As described above, two things in particular were decisive for this: further investment in processes and technology – even though money is becoming scarcer – and optimum flexibility among your own employees. The third point concerns the ability and interest in taking over other, weaker competitors.
Such takeovers can mean: a) complete purchase, b) buying off customers and projects, or c) taking over market shares if competitors go bankrupt.
If a company follows the success tips in #1 and #2 during a crisis, then #3 is logical. But in most cases the necessary capital is not available internally. And it doesn’t have to be. External capital is abundantly available.
By the way, we bring both sides together: external capital and IT companies. Get in contact with me!