Yearly Archives: 2018

Did you miss out on going to Madrid for the IHRM conference? We’ve summarized the most important papers for you to watch at your convenience. Maybe a “lunch and learn date?”

Get your lunch and listen while Dr. Janet L. Walsh will presents a summary of the critical issues in Global HR Management from the 2018 Madrid IHRM Conference. Participants will learn the critical issues that challenge global HR managers and the solutions they have created to positively resolve them. Information from this webinar will provide global HR leaders with up-to-date financial and operational challenges and solutions.

This program is eligible for HRCI/SHRM recertification credits.

https://attendee.gotowebinar.com/register/1297251489489524994

Last Thursday I attended George Washington’s inaugural in New York City.  Really!  Thanks to Richard Humphrey, CEO and Chief Creative Officer and his magicians at THE RIDE.  Richard has put together a way to tell stories and communicate information using virtual reality.  The intersection between artificial intelligence and virtual reality is of interest to us and our global clients.  In the demonstration we morphed from 2018 to 1789 and watched as George strode through the crowd and walked past us into Federal Hall.  Afterwards we celebrated a special program on THE RIDE thanks to Dan Rogoski, Chief Operating Officer.  Check it out:  www.experiencetheride.com, also, George says, “Hello! 

There is a big difference between research based facts about global HR vs. anecdotal information in the popular press. For example, how many times have you heard there are significant generational differences between Boomers, Gen X, and Gen Y with respect to work values? However, a review of the literature and large research studies show tis is not the case. There is another factor that is highly predictive for work values between generations. Do you know what that is?

If you are planning your 2019 human capital strategy and tactics, you’ll want to know this information and other cutting-edge, global HR research from the 15th annual IHRM conference held in Madrid last month. The research presented on global human resources management was compelling, relevant, and actionable. This conference is important because it presents research and fact-based studies on global HR management, rather than “pay to speak” or “individual experiences”. Presenters had to qualify through blind, expert review prior to being accepted. This conference also highlighted the global differences in HR leadership and management among countries, illustrating why a successful HR strategy might not work in another country. I spoke on “HR Implications for Cuba Market Entry” and described why entering the market in Cuba offers a particular opportunity for HR managers to take a lead role in the business operation.

I will be presenting a summary of the conference research in a webinar Tuesday, July 24 from 12-1:00 PM EDT. I’ll discuss the major issues facing global HR leaders, the current research and suggested actionable items. The discussion is designed to help with your 2019 strategic IHRM planning. This webinar is HRCI/SHRM certified for 1 re-certification credit.

You can register for Critical Issues in Global HRM: IHRM Conference Review, Madrid 2018 on Jul 24, 2018 12:00 PM EDT at:

https://attendee.gotowebinar.com/register/1297251489489524994

After registering, you will receive a confirmation email containing information about joining the webinar.

One focus of the Bedford Armonk Rotary is to give back to the community by producing the annual 4th of July Fair.  This year the Fair was held at the historic, John Jay Homestead.  The Fair provides a fun and exciting way for children and adults to catch a glimpse of the colonial activities at the time of the Revolutionary War.  Thanks to David Loda and the 6th Connecticut Brigade for showing off their equestrian skills and authentic costumes.

Rotary Means Business (RMB) is a Rotary sanctioned program designed to help connect Rotarian businesses. This year the RMB board members met at the 2018 International Rotary Convention in Toronto. Over 50,000 individuals participated in the convention where Justin Trudeau the Prime Minister of Canada was the featured speaker.

From a business perspective two things were quite interesting to me. First the huge number of participants in the program. As a global conference people came from all over the world with a diversity of interests around mutual interests and community service. Interest groups included wine tasting, stamp collecting, quilting, radios, and doctors. Service groups included community programs for clean water, energy, medical services, polio eradication, vaccination programs, shelter boxes, and emergency services. Second, in addition to the interest and service group, this conference had a very large number of vendors with products and services for sale ranging from jewelry, clothing, camping, business services, travel agencies, and much more.

The RMB service fellowship is designed to make it easier for the 1.2 million Rotarians to connect to businesses in the local community and around the world. Rotary originally started as a way for business people to connect to one another in a trusted network. Through the years that objective was replaced with service to the community. Current strategy supports both objectives, service to community and connecting businesses. Check out the website http://www.rotarymeansbusiness.org for additional information.

Congratulations to all those companies who have made it to the finals! It is illuminating to read all the case studies of the success behind these firms. The outstanding performance from these firms and individuals is inspiring and shows how to be successful in the competitive private equity world. Winners will be announced and honored at the Champion’s Awards Gala on June 21st at the Metropolitan Club in New York City.

Deal of the Year – Business Services (Consultant, Management Co, Valuation Firm)

Submitted by Clarion Capital Partners – Moravia

Submitted by Schulte Roth & Zabel – Acquisition of Tangoe Inc.by Marlin Equity Partners

Submitted by TM Capital Corp. – Summit Companies Acquired by CI Capital Partners

Deal of the Year – Consumer/Retail

Submitted by ASGARD Partners & Co. – Wild Things, LLC

Submitted by Cahill Gordon & Reindel – 1-800 Flowers

Submitted by TM Capital Corp. – Uncle Wally’s Bake Shoppe’s sale to Give & Go

Deal of the Year – Cross Border

Submitted by Cahill Gordon & Reindels -Tembec – Rayonier Advanced Materials Inc

Submitted by Citrin Cooperman  – Project Crystal

Submitted by TM Capital Corp. – Pride Equipment sale to Sunbelt Rentals the U.S Operations of Ashtead Group plc

Deal of the Year – Financial Services (Insurance, Real Estate, Finance)

Submitted by CBIZ CMF, LLC  – GTT Communications Inc.

Submitted by Crowell & Moring LLP – R3’s Initial Financing Round (Constituting the Largest Ever Investment in Distributed Ledger Technology)

Submitted by Silver Lane Advisors – Acquisition of Threshold Group by Tiedemann Wealth Management

Deal of the Year – Healthcare/Pharma

Submitted by Citrin Cooperman  – Project Crystal

Submitted by TM Capital Corp. – GMD PharmaSolutions sale to McKesson

Submitted by Wombat Capital  – Sale of J-STAR Research to Porton Fine Chemical

Deal of the Year – Manufacturing/Industrials

Submitted by BDA Partners – Sale of International Paper’s China foodservices business to Huhtamaki

Submitted by Cahill Gordon & Reindel – Tembec – Rayonier Advanced Materials Inc

Submitted by TM Capital Corp. – World Dryer’s sale to Rexnord

Deal of the Year – Technology, Media, & Telecom

Submitted by BDA Partners – Sale of Netas Telekomunikayson to ZTE

Submitted by Blackmore Partners – Logistyx Technologies

Submitted by Schulte Roth & Zabel – Acquisition of Tangoe Inc.by Marlin Equity Partners

Accounting Firm of the Year

Citrin Cooperman

CohnReznick LLP

Equity Provider of the Year

Alberleen Family Office Solutions

Clarion Capital Partners

High Road Capital Partners

Insurance of the Year

Euclid Transactional

USI Insurance

Willis Towers Watson

Investment Bank of the Year

Alantra (Alantra Partners, S.A.)

Bentley Associates L.P.

Prairie Capital Advisors, Inc.

Law Firm of the Year

Akerman LLP

Cahill Gordon & Reindel

Pepper Hamilton LLP

Lender of the Year

Antares Capital

Churchill Asset Management

Golub Capital

Valuation Firm of the Year

Corporate Valuation Advisors, Inc.

Prairie Capital Advisors

VRC | Valuation Research

Value Creation (Consultant, Management Company, IT, Technology, and other Service Providers) Firm of the Year

ACA Aponix

TresVista

SolomonEdwards

Dealmaker of the Year

David Acharya

Jon Haas

Vivek Mathew

The bravest people I know are not those who have climbed Mt. Everest.  Climbing Mt. Everest requires meticulous planning and preparation.  My colleagues at the Explorers Club who have climbed Mt. Everest accredit their success in getting to the top to their careful attention to all the details that go into making a great ascent.  Entrepreneurs often do not have a guide to help them plan for their globalization.  They bravely take their businesses outside of their home country and weather all sorts of risks and challenges.  To help those new to the global workforce risks and challenges, we’ve prepared a webinar that describes some of the key challenges facing businesses expanding overseas.  We hope it helps you plan for your ascent to the top of your industry.

Registration Link:  https://attendee.gotowebinar.com/recording/8048038471792054023

This webinar is accredited for 1.0 GPHR/SHRM continuing education credits.

Birchtree Global president Dr. Janet Walsh was interviewed for Global Finance Magazine’s article on Cuba’s new president.

Read the full article here!

https://www.gfmag.com/magazine/may-2018/cuba-new-president

Friday, May 4, Birchtree staff attended the World Trade Center Atlanta World Trade Day.  It was a terrific event.  Kudos to Dr. Diane Alleva Cáceres Program Chair and Dr. Karen Loch, WTCA President and the WTCA team for putting together such a terrific presentation.  I was pleased to have served on the WTCA board for 15 years with Ambassador Andrew Young who was honored with the John C. Portman Global Leadership Award.

Vince Maggio, Lilia Postalachi-Glover, and Rick Gimbert staffed our newly designed Birchtree Global booth.  Although we were exhausted by the time it was over, we had a great time.  We featured our white papers and journal articles and found one of our customers, ADP, was just a few feet away.  We had brought a copy of our ADP global human capital program for senior global relationship managers, which was of great interest to our visitors.  It was great to have a testimonial from one of the participants in the next booth!

While there we were interviewed by Pro-Business TV Channel on key issues in global business. http://probusinesschannelusa.com/about/about-pro-business-channel/.

We were thinking about what type of “give away” we might provide to our booth visitors that were different than the usual pens and papers.  I think we hit a home run with our choice.  I’m pleased to be a member of the Booth Museum of Western Art, Artists Guild.  The Booth is the largest western art gallery in the United States in Cartersville, GA a few miles north of Atlanta.  Our give away this year were note cards of my 2018 painting selected by the museum to hang on display in the Borderlands Gallery from May through September.  If you have not been, you’re in for a treat!