Er Rational musings #434
The stereotype statement (below mentioned) issued by companies, while venturing out into something new. Either thru' acquisition or by starting on their own.
"To save costs and improve operational efficiency."
Due Diligence!
Then they spend money after completing all formalities n obtaining all statutory compliances.
After few years...
Due Diligence!
"To unlock the value and exit from non-core business."
The stereotype statement (above mentioned) issued by companies, while venturing out from their subject business, which was started earlier either thru' acquisition or by starting on their own.
Then they spend money for completing all formalities n obtaining all statutory compliances.
Moral of the story?
Checks and balances.
It's all a learning process or is it?
Really...
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मिलिंद काळे, 16th March 2016
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