It is hubris to declare that something will never happen in business. Consider this statement. Sony Mobile’s leader has no way of knowing whether the company can last in the phone market or not. Sony has been bleeding for years after losing its no.1 status as a consumer electronics company. It is an open […]
Posted on July 10th, 2015 by admin
Filed under: Uncategorized | 183 Comments »
The failure of two major networks yesterday points to the fragility of the digital economy. Although there was no evidence of hacking, it is uncomfortable to know that a broken switch or burned-out router or other malfunction can bring down both a stock exchange and a separate airline booking network at the same time. What is worrisome […]
Posted on July 9th, 2015 by admin
Filed under: Uncategorized | 180 Comments »
The Chinese stock market continues its sell-off, and novice investors have been burned badly. One could have predicted the fall. Many Chinese companies have obscure accounting and earnings that are not credible. Many are carrying huge debt loads, which they will have difficult paying off. Some are keeping two sets of books — one for […]
Posted on July 8th, 2015 by admin
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The head of the Eurogroup of Finance Ministers is warning Greece to come up with a credible debt restructuring package. Needless to say, the European Union will define credibility and not Greece. The country may have its citizens behind it, but they are bit players in the drama taking place. Greece’s prime minister is scrambling to […]
Posted on July 7th, 2015 by admin
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I’m taking time off. There will be no blogging until July 6. Tweet This Post
Posted on June 25th, 2015 by admin
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This is a case study of what to do when a CEO dies unexpectedly at a young age. Employees need time to mourn but they also need to be refocused on their jobs. HR has to parry calls from companies seeking to recruit away staff. Senior executives need mentoring for how to carry on […]
Posted on June 23rd, 2015 by admin
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Politicians are already on the low side of the honesty scale, but one wonders if they are allowed to make up quotations that people never said. Consider this case. Apparently our founding fathers never wrote some of things attributed to them by book author and politician, Rand Paul. Or, at least, quotes are misinterpretations of […]
Posted on June 22nd, 2015 by admin
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What can one say about this fellow that is positive PR? Comedians use him as the butt of jokes. He has been a long-standing embarrassment to society, a self-regarding egotist, and a man filled with a sense of self-importance. In nearly every way, he is anti-PR yet he continues to get publicity for himself and his […]
Posted on June 18th, 2015 by admin
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The Greek debt default negotiations have been interesting to watch. Greek politicians have taken the position of “Save me or I’ll cut my throat.” They are demanding debt relief without any more changes to the country’s budget structure. As European negotiators have tired of telling them, that is not possible because the country cannot turn […]
Posted on June 17th, 2015 by admin
Filed under: Uncategorized | 742 Comments »
Twitter’s CEO is looking for a job after failing to turn the social medium into a profitable communications service. The wonder is why. Twitter has hundreds of millions of users and visitors. It is a darling of traditional media who tweet daily about what they are reporting and carry on discussions with readers. It is […]
Posted on June 16th, 2015 by admin
Filed under: Uncategorized | 187 Comments »
