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" ... Different parts of the organization will look different, both between each other and at different times. Here in Figure 4, by way of illustration, is a snapshot of a major organization at four different moments over a 20 year period. At the outset, the firm was deeply entrenched in 20th century management (figure 4-1). After several years of exciting leadership, the firm had made significant progress towards 21st century leadership and management (figure 4-2). After another ten years, it had consolidated the transition to 21st century management and had launched major new products that generated hundreds of millions of dollars of revenue. However, the story didn’t end there. Thereafter, with changes at the senior management level, the firm to start sliding back into 20th century management, along with concomitant declines in new products and revenues. (figure 4-4). The case is a useful warning to any who might not be alert to 20th century management as a dangerous disease. ... "
" ... Further, many sponsors have committed side letters or other agreements with the SPAC allowing them to buy a certain percentage of an additional concomitant PIPE investment that happens alongside the closing of the SPAC acquisition, helping ensure that the sponsor can put larger amounts of capital to work. Putting adequate capital to work is the only way to make a deal “meaningful” for a large investment fund. This subsequent investment changes the average cost basis for the sponsor, of course, but they still benefit greatly from the aforementioned “promote” aspect of the pre-acquisition ownership. ... "
" ... The jury is in: modern economic growth has not shown a single instance of a country successfully developing without the concomitant use of fossil fuels, and ordinary people across the world are fully aware of this. ... "
" ... Though the CBP’s surveillance technology has flown under the radar for so long, it’s perhaps ironic that its use of Google technology will now bring ATS and its many concomitant privacy concerns to light once again. ... "
" ... With the Federal Reserve buying massive amounts of government debt, the reserves to the banking system are skyrocketing. Eventually those reserves will turn into money supply. Without a concomitant increase in productive capacity, too many dollars will chase too few goods. Inflation will result. ... "