Interesting news in December 2017: GE Is Slashing 12,000 Jobs In Its Power Business General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants. The U.S. company launched the cuts to Read more…
In Dell’s 2017 Report to Customers, Dell Technologies opens with the following thought: “One year ago, we created a unique family of businesses 100-percent focused on accelerating customer successes further and faster. In our annual report to you, our customers, we celebrate your success and thank you for allowing us Read more…
This is a fascinating video about America’s attempt to design and commercialize a supersonic aircraft to compete with the Concorde. There are many technical challenges that Boeing adopted that undermined the project. Some good lessons here.
As Sir Isaac Newton offered, an object at rest stays at rest and an object in motion stays in motion unless acted upon by a force. Why is preserving the status quo deadly? A more agile competitor may seize competitive advantage whilst you are at rest Your market share can Read more…
This past week, the press announced that Tesla has surpassed the market cap of Ford. Upstarts like Tesla often are seen as more valuable than companies with long-held traditions like Ford. Frankly, I’m not sure that Tesla is, today, worth more than Ford. But, that’s what the stock market thinks. Read more…
This past week, comedian Professor Irwin Corey celebrated his 102nd birthday. Happy birthday, Professor! I once played in a big band that was the house band for a show he headlined at old Sheraton Park Hotel in Washington, D.C. His language got to be too coarse for the audience and Read more…
The U.K. has decided to leave the European Union. In a forum last week, I wrote that I wasn’t sure that a decision of such import should be left to the citizenry via a referendum.. And, while my position may have been utopian, I had hoped that a decision might Read more…
On several occasions, I’ve heard Michael Dell respond to the question about competition that “Dell plays in $3 trillion marketplace–there’s more than enough opportunity for everyone.” While Dell is now a private company and doesn’t reveal actual revenues, Dell is about a $60+ billion company. It’s size will double when Read more…
Comcast, one of the world’s largest cable companies, offers a provocative line in a radio advertisement: “You can’t build the business of tomorrow on the network of yesterday.” Does this make you think? Are you relying on antiquated systems and processes that barely serve the needs of your employees, your Read more…
Harvard Business Review has an interesting article created by PriceWaterhouseCoopers: In a 2013 survey of nearly 700 executives across a variety of industries, our firm asked respondents to rate the effectiveness of the top leaders of their companies. How many excelled at strategy? How many excelled at execution? … These Read more…