Punishing Good Deeds In an adjacent analysis piece, we conclude that the big digital companies have proved their value through this virus crisis, enabling a part of the workforce to stay productive while keeping children and teachers connected, and preventing people from becoming socially isolated. However, the EU’s Economy Commissioner, Paolo Gentiloni, draws the opposite conclusion. He looks at the economic recession and reportedly said, “What is clear from the European Union point of view is that we need a digital taxation…” While his goal is to get the FAANG companies to pay for Europe’s virus related-spending spree, the positive contribution to the state’s balance sheet has the direct opposite impa...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.