In 1968 New York Central and Pennsylvania Railroad merge to form Penn Central, sixth largest corporation in the United States. Two years later, Penn Central files for bankruptcy protection, the largest corporate bankruptcy. In 2001 JDS Uniphase writes down $38.7 billion related to companies purchased over prior two years. In 2002 QWEST Communications takes …
Everything you can imagine is real. Pablo Picasso Success is not final; failure is not fatal: it is the courage to continue that counts. Winston Churchill. The issues of leadership continue to intrigue me, so much so that I believe that it is all-pervasive; leadership and concomitant followership touch and shape all aspects of life. …
Leadership domain has been dissected to infinitum, and yet it remains so ever elusive. As to the very essence of leadership, President Theodore Roosevelt’s implied vision of it, noted below, resonates with me. On bold leadership with conviction, courage and character It is not the critic who counts…. The credit belongs to the individual who …
Global Regional Trade Alliances Allow me to set a proper context for the motivation behind this post. Predictably Irrational I like the title of Duke University Professor Dan Ariely’s book, Predictably Irrational. It makes us wonder why smartest individuals on earth engage into self-defeating behavior, irrational choices, and make enormously consequential bad decisions. We see …
China and India: Economic Growth – Lessons from Asian Tigers and Singapore As discussed in a prior blog post, choices nations make have unmistakably long-term consequences. There is no simple or single explanation as to why some nations thrive, consistently, over a long period; and others falter, unforgivably. It was gratifying to discover abundant, quality …