by Adam Hartung http://www.business-strategy-innovation.com/2010/04/crossing-re-invention-gap-newspapers.html Is news dying, or are newspapers dying? That's a critical question. Most of us know the demand for news is not dying - and if you needed reinforcement a recent McKinsey & Company … [Read more...]
Morici: How Obama Should Fix the Economy
To accomplish robust growth and lower unemployment to pre-recession levels, President Obama must temper his impulse to tax and regulate, and stop appeasing China and Wall Street. The Bush years were better than he admits, and a lot better than his policies promise. The 24 months prior to the … [Read more...]
Will America become another banana republic?
By Shah Gilani, Contributing Editor, Money Morning The great American tradition of individualism, entrepreneurship and revolution is being systematically undermined by a cadre of financial strongmen bent on turning us into just another "banana republic" - where a subdued and apathetic population is … [Read more...]
Richard Koo’s Presentation to the Institute for New Economic Thinking
For a brilliant perspective on the debate around austerity vs. stimulus, visit Nomura Chief Economist Richard Koo's presentation to George Soros' Institute for New Economic Thinking from earlier this year. http://www.businessinsider.com/richard-koo-austerity-2010-7#-1 … [Read more...]
Great to Good
Tom Peters and Jim Collins wrote the 2 most popular and influential management books of the last 25 years. Unfortunately both were fundamentally flawed. Each described companies in the PRIME stage of the corporate lifecycle and the authors naively assumed they would stay there. That turned out to be … [Read more...]
The Abilene Paradox: The Management of Agreement
Jerry B. Harvey's classic provides a sober reminder of one of the most common pitfalls of group decision making. The July afternoon in Coleman, Texas, (population 5,607) was particularly hot - 104 degrees as measured by the Walgreen's Rexall Ex-Lax temperature gauge. In addition, the wind was … [Read more...]
Toyota: Too big, too fast
The auto maker fell into its current problems because it gave in to the temptation of making growth its first priority, says author Gordon Pitts As a management guru-in-training, U.S. business lecturer Steven Spear embarked on pilgrimages to a shrine of industrial efficiency about 320 kilometres … [Read more...]
Lech Walesa in America
Lech Walesa was in Chicago a couple of weeks ago at a campaign event for Republican gubernatorial candidate Adam Andrzejewsk. Here is a portion of what he said: The United States is only one superpower. Today they lead the world. Nobody has doubts about it. Militarily. They also lead … [Read more...]
Super Bowl Prediction
Companies are gearing up to move the "profit" ball successfully into the end zone. Going into a recession, most companies played defense. Coming out of a recession you need a strong offense. The teams making it to the Super Bowl are the top offensive teams. I continue to travel all … [Read more...]
Judgment
Good judgment comes for experience. Experience comes from bad judgment. … [Read more...]