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zarq (2)
“On the face of it, shareholder value is the dumbest idea in the world” — Jack Welch, 2009. As GE’s CEO in the 80s, however, Welch championed corporate focus on shareholder returns. “Converts to the creed”, the Economist
summarizes, “had little time for other ‘stakeholders’: customers, employees, suppliers, society at large and so forth.” What went wrong? Steve Denning
describes how such a stance is counterproductive, creates turmoil in capitalism and fosters an environment in which “CEOs and their top managers have massive incentives to focus most of their attentions on the expectations market, rather than the real job of running the company producing real products and services.”
posted by the mad poster!
on Dec 27, 2011 -
38 comments
"A ballet dancer needs a mirror to perfect her style, her technique. A singer needs the same -- an aural mirror."
In 1950 and '51, Japan’s first reel-to-reel tape recorders, the "
G-Type"
(for gov't use) and the "
H-1"
(for home use) were released by a company named Tokyo Tsushin Kogyo. Music student Norio Ohga was unimpressed by the wobbly sound of "
Talking Paper," so he wrote a note complaining to the firm's founders, who hired him. Mr. Ohga never achieved his original dream of becoming a baritone opera singer, but the future President of TTK, (later renamed Sony,) would still make an indelible, global impact on the world of music -- including the development and introduction of the compact disc. Mr. Ohga
died on April 24, 2011.
[more inside]
posted by zarq
on May 4, 2011 -
3 comments
Edward Mike Davis was the owner or Tiger Oil, an oil company operating in Houston during the 1970's. His
irascible memos have been an
Internet sensation for the past
few years.
Good things are not meant to last forever, and in 1980, Tiger Oil filed bankruptcy. Davis' hatred of people did not confine itself to the office, as
this case shows. Tiger Oil was in litigation in relation to the bankruptcy filing as late as
1989.
posted by reenum
on Aug 3, 2010 -
45 comments
Instant Design at the touch of a button More good news for designers -- not only has the ad market bottomed out, now this software from
move design spits out instant layouts. Just add the text you want, choose the style, and hit Ctrl-G. The results are surprisingly tasteful. Is this the end of design as we know it, or just a toy for generating new ideas? Would you like fries with that?
posted by fellorwaspushed
on Sep 10, 2001 -
23 comments
