Monday, 27 February 2012

Useless Research

The world of academics baffles me. I consider myself reasonably aware of business issues and yet I can't make any sense of most of the research publications that come out on business. Actually I can't make any sense of even the title - let alone the contents. I challenge you to figure out "Tabu Search for the Single Row Facility Layout Problem in FMS using a 3-opt Neighborhood" or " On the Blowout...

Monday, 20 February 2012

Why do smart people do stupid things

There's something about the corporate world that makes smart and decent people do incredibly stupid things. Maybe its the anonymity of being part of a company. Maybe its the pressure generated to perform. Maybe its the brutal focus on the ends and not the means. Don't know what . Why else would some British honcho in Sony decide to raise the price of Whitney Houston's albums on her tragic death....

Sunday, 12 February 2012

Lincredible

Miracles do happen. They do, rarely in real life, but a little more often in sport. One such miracle has happened in the city of New York. Or should I say, to the city of New York. All of New York has been infected with "Linsanity". One of the, if not THE most famous entertainment and sporting arenas in the world is MSG - Madison Square Gardens in the heart of Manhattan. The home of the New York...

Sunday, 5 February 2012

Friday, 3 February 2012

Face the music

A terrible decision for the company and its founder. A great decision for everybody else. Welcome to the crazy world of private equity. Facebook needs an IPO like a hole in the head. It doesn't need the money. The only possible use it has for it is to pay off some tax liabilities being triggered by doing an IPO. Most of the money is going to be invested in US government bonds - impeccable logic...

Wednesday, 1 February 2012

Lie Down Mr Goodwin

Arise Sir Fred, the Queen of England said in 2004 after tapping the kneeling Fred Goodwin lightly on the shoulder with her sword. This archaic ceremony is the conferring of knighthood by the Queen of England. If you are a citizen of the UK or one of its dominions then you can call yourself  "Sir". Fred Goodwin was the CEO of the Royal Bank of Scotland in its boom years. An unknown, middling...

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