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Mello Here's a link to a post I run each year at this time to make sure that I never forget the tragedy and heroism that took place on September 11, 2001. Join me in THANKS and in prayer for our Patriots, both domestically and abroad, who continue to fight valiently for the Freedoms we all enjoy! I Think Not.
This concept, called the “homevoter” effect, was first introduced by Dartmouth College professor William Fischel in 2001. The researchers looked at 30 years of data from the Federal Housing Finance Agency Housing Price Index.
The data covers 87 systemic financial crises, including: The Scandinavian crises of the early 1990s The Mexican tequila crisis of 1994 The Asian financial crises of 1996 and 1997 The Argentinian crisis of 2001 The Eurozone crisis of 2009 and 2010 The authors examined lending by industry, focusing on: Agriculture, manufacturing, retail, and wholesale (..)
In 2001, BusinessWeek published an article entitled "Sorry, Steve: Here's Why Apple Stores Won't Work." In 2001, they called Steve Jobs "The Graying Prince of a Shrinking Kingdom." I don't think they understand the game Apple is playing. And perhaps they haven't for a long time. Not that they're alone.
Innovation is widely regarded as important to long-term business performance. We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D.
During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee.
With increasing industry disruption, efficiency is fast becoming of secondary importance to innovation and agility. For example, in 2001, IBM set up a permanent transformation organization designed to anticipate and respond to the increasingly unpredictable changes in its markets. It's not just standardizing and streamlining.
Clarke painted a picture of how computers would change our way of life by the year 2001. For instance, we often announce an innovation budget and invite applications to pilot ideas. In his 1974 interview with ABC News , science fiction author Arthur C.
By the fourth quarter of 2001 — that is, within about 21 months — it was turning a profit. Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory.
Apple fanboys and Samsung’s “Next Big Thing”ers would hoot with derisive laughter if The Wall Street Journal or Financial Times reported that GM or Ford planned to rewrite the rules of smartphone innovation. ” when Ron Johnson began rolling out Apple Stores in 2001. They should.
In the race for opportunity and influence in Africa, no competitor looms larger than China, which has increased its total trade with Africa twenty-fold since 2001. will not match, such as subsidized financing at scale and freedom from the pressure to show positive quarterly results. to overtake its competitors.
Some argue that profits are stagnant because of short-termism—that decades of focusing on current profits over long-run innovativeness has resulted, now, in companies that are hollowed out. One trend that has contributed to short-termism and lower innovativeness is the increased prevalence of outside CEOs.
Salvanes of the Norwegian School of Economics and Business Administration reported that the productivity gap between firms had risen in the UK between 1984 and 2001, and that this phenomenon was linked to income inequality. Some will succeed, and effective innovations will spread rapidly. Two things happened in the intervening years.
Years later, it took on bigger players by introducing new innovative packaging to the market, and subsequently carving out a double-digit share when few thought it could be done. It made sense, because we looked at the competition as our well-financed enemy, and so there was no way we could win at the spending war,” says Bell. “So
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