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News — 1166

1-2-3

1166 Category_Articles Jamie Claire Kiser ZG Team

1-2-3

While the numbers behind failure are staggering, when you look at the characteristics of successful M&A transactions, the math is pretty simple. M&A transactions can fall apart for dozens – maybe even hundreds – of good reasons. There are obstacles and challenges every step of the way from starting the process until closing. No checklist could map all of the uniquely frustrating ways that deal-making can turn from exhilarating to infuriating. When you think of the individuality of every buyer and seller, not to mention all of the personalities involved and the emotions invested in the process, it sometimes seems...

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How would YOU respond?

1166 Category_Articles Edward Friedrichs

How would YOU respond?

By Edward Friedrichs | A Q&A might be just what the doctor ordered if you want to shed new light on your career and the choices you’ve made along the way.

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Set them free

1166 Bill Murphey Category_Articles

Set them free

Arbitrary or unduly bureaucratic rules demotivate employees, impose unnecessary constraints, and can even spark an office rebellion. Years ago, I started work at a new office where I had two administrative assistants supporting me. One late afternoon in my first week, I walked out of my office to go speak with a colleague and noticed one of the assistants sitting at his desk with a notebook at the ready. He was just sitting there. I asked him what he was doing and he told me he was waiting for me to go home. I was dumbfounded. In a very caring,...

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A designer embezzlement

1166 Category_Archives Richard Massey

A designer embezzlement

ACI Boland Architects of Kansas City was betrayed by an office manager who, over a decade, funneled millions into secret bank accounts. By Richard Massey Managing Editor A long-time office manager at one of Kansas City’s top design firms, ACI Boland Architects, recently pleaded guilty in federal court to embezzling nearly $5.3 million in a two-pronged scheme that apparently financed a lavish lifestyle outside the office. Jane Barnes, 53, of Lee’s Summit, in early August pleaded guilty to wire fraud, bank fraud, and aggravated identity theft in a decade-long campaign of embezzlement that saw her accumulate an extraordinary array of...

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Don’t get distracted by peripheral stuff

1166 Category_Archives Liisa Andreassen

Don’t get distracted by peripheral stuff

In the form of growth, profitability, and important projects, multidiscipline firm based in upstate New York is reaping the benefits of a well-executed ownership transition. By Liisa Andreassen Correspondent In 1977, when Wayne Wegman joined Rochester, New York-based engineering and architecture firm Passero Associates (Best Firm Multidiscipline #5 for 2016), there were 10 employees and they mostly represented local residential and commercial developers. Today, Passero Associates has 85 employees and they’ve added offices in New York, Florida, and Ohio. Wegman’s had the privilege of spending a majority of his career at Passero Associates. He became a partner in 1986, was...

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