Should PR firms remain independent and grow organically? Should PR firms remain independent and grow via acquisition? Or, is the firm in growth gridlock, where getting to the next level is proving problematic? In that case, some firms choose to put themselves in play altogether and sell. These are just a few of the key…
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Tag: Michael Lasky
Window Shopping: What PR Buyers Want From Sellers
Sure, there are plenty of PR agency owners who prefer to roll right along, making their numbers, growing their clientele and expanding their services organically, without ever making acquisitions or putting themselves in play. But what if they ran their firm as if they were going to buy it? The question was tackled during a…
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Executive Retention: How ‘Phantom Equity’ Plans Might Materialize
Staff retention is a nettlesome problem for boutique and mid-size PR firms. However, it’s even more challenging to hold onto the second tier of management, or the folks near the top who are going to run the firm once a sale is complete and the original owners have cashed out. How to retain top talent…
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Manning Retirement Reminder for the Need for PR and Ad Agency Succession Planning
Peyton Manning, who will go down as one of the greatest NFL quarterbacks ever, retired from pro football Monday afternoon. The moves comes less than a month after Manning’s Denver Broncos defeated the Carolina Panthers in Super Bowl 50 and less than three weeks before Manning turns 40 years old (which, for the NFL, is…
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