Get the geography right

Global Risk/Global
Opportunity:
Ten Essential Tools for
Tracking Minds, Markets
and Money
Shlomo Maital, DVR Seshadri
Sage
Rs 595; Pp 320

Due diligence is not new to today’s managers who regularly witness, during acquisitions, the investigatory process which can be both exhaustive and exhausting. “In part it exists to avoid legal liability, lest the takeover fails, and leads to shareholder litigation. But mostly due diligence seeks to ensure that management knows precisely what it is acquiring, and avoid unpleasant surprises.” Explaining thus, Shlomo Maital and D. V. R. Seshadri take the concept of due diligence to a higher plane in Global Risk/ Global Opportunity: Ten essential tools for tracking minds, markets & money (www.sagepublications.com).

Country due diligence
Urging managers who seek to do business in new geographies to follow a similar, thorough investigatory process, the authors discuss ‘country due diligence’ as an integrating tool, bringing together the other nine tools, which include risk management, tracking booms and busts, analysing engines of growth, and tracking trade and forex.

Full review here Hindu