Our publisher, Dan Daly, reviews the crisis at Harvard. He shares the opinions of other corporate directors and executives and compares this to a corporate crisis. Warnings were ignored and actions were not taken.

• Change in Culture, to Change in Mission
• Excellence in Education to Social Innovation
• The Corruption of Free Speech
• Administration Slow to Respond
• Board Not Engaged
•  Long-Term Cost and Damage

Stuart Cable, Vice Chairman of Goodwin, references his decades in the boardroom. He discusses the components and design of your company's Strategic Plan.

• Mandatory, Public or Private, Big or Small 
• It is a Process, Operations to Financial to Strategic
• One Year is a Budget, Three to Five is Strategic
• Created by the Management, Owned by the Board
• Fiduciaries Must Ask Constructive Questions

Corporate attorney and Vice Chairman of Goodwin, Stewart Cable, references his decades of corporate financing. We look at the economic situation in 2024 as well as the various financing vehicles that are available. The focus is on your company's need for liquidity and how attractive it is from a lender or investor standpoint. Do you qualify? 

 Key Takeaways:

• What is Different, Availability and Cost
• Greater Cost to the Funds, Same to the Companies
• Higher Risk, Higher Cost of Capital
• The Crossover Fund, Definition and Applicability
• The SEC’s Impact on All Funds

Prof. Jim Holmes from the U.S. Navy War College gives a hard-hitting assessment of China's military ambitions. We discuss various aspects of their public statements regarding territory and sovereignty. All backed up by ongoing military aggressiveness. 

• Depth, Breadth, Reach of China's Maritime
• Discussing "Indisputable Sovereignty"
• Defining Exclusive Economic Zones
• "Nothing in China is Apolitical"

Prof. James Holmes of the US Navy War College in Newport, Rhode Island discusses with Dan Daly the global impact of events taking place in China today. Political, Economic and Military.

• Belt and Road an Expensive Project
• Looking at the Data, Internal & External
• Their Workforce, Consumer Spending, RE. Debt
• Pres. Xi’s Options and Incentives

Dan Daly updates previous discussions regarding the various impacts on your business of the current global conflicts.

• Ukraine Plus Israel, the Impact
• Clients, Suppliers & Investors
• Workforce Security Domestic & Foreign
• The US Leadership, Diplomatic & Military
• Consider, China, Russia & Iran
• Semper Paratus?

In Part 2, Dan Daly describes, more, fully, 5 critical issues that are macro in nature. While not always directly operational, they may significantly impact your company in the coming years.

Key Takeaways:

• The Right Leadership in Place?
• Climate, AI, Geopolitical, Affirm. Action, Nat. Politics
• Consider a Dedicated Advisory Committee
• Report to the Board, Broad-Based, Rotating Members

Narrative: Based on client feedback Dan Daly identifies and discusses those macro and critical issues beyond the traditional operating challenges, that may well impact your company. 

• Climate and AI
• Geopolitical and Affirmative Action
• National Politics 2023 & 2024
• Are These Unique Challenges

We continue our discussion with Lisa Haddad and Stuart Cable, both senior partners at Goodwin. The subject is “ Liquidity and Credit and M&A in 2023” In this session, Lisa Haddad leads an extremely thoughtful review of all of the nuances for any company considering M&A. Any executive or director having a role in either buying or selling should listen carefully to her commentary. What are today's requirements and considerations. A new game in 2023!

Key Takeaways: 

• Are You Buying or Selling, Why?
• Board Must Drive 
• Due Diligence, Both Sides
• Financing: Cash, Equity or Blend
• Do You Have Shareholder Votes?
• Time for the Deal, Possible Changes

Two senior partners at Goodwin discuss liquidity, credit and refinancing, after the recent banking debacle. Stuart Cable, who is also outside counsel for Moderna, looks at the debt and equity capital markets. Lisa Haddad talks about the changes in structuring M&A.

Key Takeaways:

• The Flight to Quality after SVB
• The Impact of Linked Credit and Deposits
• Loans Called, When and Why?
• Down Rounds and Recaps Defined