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The Chinese have executed the low-end disruption playbook to perfection… cars is just *one* of the markets. This story is going to play out again and again. Driving China’s ascendancy is a massive and abrupt shift to electric vehicles. The EV share of total car sales will jump to almost 50% this year, up from…
In the short run, enforced dominance can offer rewards, both financial and related to ego, mostly to senior management. But the short run is fairly short, and the resilience, productivity and utility that come from agility and serving customers and employees more effectively is worth the transition. The very thing that enabled these companies to…
… it could be shown that homo economicus is not simply some kind of psychopath but specifically a subclinical or Factor 1 psychopath, often referred to in business research as a “corporate psychopath.” These are individuals who are extremely callous, selfish, and manipulative https://link.springer.com/article/10.1007/s10551-024-05638-7#Sec7
…the forces of mediocrity are now microprocessor-powered, heavily funded, and determined to hold on to the middle of the market. More grey, more goo. It’s hard to make a great sequel. Better to spend our time to make a remarkable original.
“Shareholder value” makes my blood boil. Ever since we started this Shareholder Value nonsense, our values have gone to hell. The frontline employees tell me that this gets in the way of serving customers: they are forced to see dollar signs out there, not people. Consequently, many of them don’t give a damn any more. As one…
With few exceptions, we’re better off with just the skill part. The media loves the drama, but your co-workers and customers don’t.
Dave5 