New Revenue Streams - Companies that capture the upside of technology by creating new revenue streams will be less vulnerable to its value destruction. Global Footprint - Companies that generate global revenue streams will achieve higher returns on capital than companies constrained by national borders. Brands that don't go global swiftly destroy value by allowing brands from other countries to enter domestic markets. Bundling - Offering multiple services over a distribution network creates competitive advantages and barriers to entry. Vertical Integration - Differentiation becomes a competitive necessity for distribution platforms.
Proprietary content is a compelling form of differentiation.
Over the last two years CSFB has doubled its global research teams and increased the universe of companies covered from 1,500 to 2,500. CSFB's research department has steadily climbed rankings in the benchmark global research polls. In the Greenwich survey of 2000, CSFB maintained its 5th place ranking from the 1999 survey, with 45 research analysts achieving top-five rankings in their respective areas. It operates in 55 offices across more than 36 countries and six continents and has over 16,000 staff. The Firm is a wholly owned subsidiary of the Zurich-based Credit Suisse Group.