“Change is good.” That's what the head of an acquiring company once told me and other employees of a business he was taking over. For all the spin about mergers and acquisitions being good for companies–the majority do not pan out except for the bankers who engineer the deals and then later often come in to disassemble the conglomerations. In the case of my company, change didn't feel good and turned out to be bad. Indeed the business failed and had to be sold off in parts with many people losing jobs along the way.

But whether change is good or not, isn't so much the issue. Change is inevitable and often how well people and businesses cope with change determines how successful they can be.The need for change typically signals that our systems, businesses, and lifestyles need modification. The way we have been doing things can't be sustained without re-adapting. That's what's happening now in the U.S. and it's a struggle for all of us, especially when we have thought of ourselves as number one, impervious, the beacon of the world, etc., etc., etc., blah, blah, blah.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.