First Friday Book Synopsis

article thumbnail

A few Random Thoughts on a Saturday… about Disruption, Change, the Price of Oil…

First Friday Book Synopsis

Call this a little bit of Saturday musing… #1 — About Disruption I just read this, from Slate: The End of the Taxi Era – The bankruptcy of San Francisco’s largest cab company is just the beginning. Thanks to Uber, the entire industry is doomed.

Price 70
article thumbnail

Why Do Companies Fail? – Some hints from Megan McArdle

First Friday Book Synopsis

So, why do companies fail? I don’t know which ones, and I don’t know all the whys, but there will be companies fail… In this the Atlantic article, Why Companies Fail: GM’s stock price has sunk by a [.]. A lot of them do, you know. And more will fail – some of them fairly soon.

Company 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why do some companies achieve exceptional performance while so many others struggle to survive?

First Friday Book Synopsis

They explore the road best traveled and what they learned is shared in their recently published book, The Three Rules: How Exceptional Companies Think. […].

article thumbnail

“Profit over Prudence” – Tobacco Companies, BP, and Paying the Price for Deception

First Friday Book Synopsis

So now we know one reason why there are so many settlements reached where a fine is paid but “no admission of wrongdoing” is part of the deal. An admission of wrongdoing sounds pretty bad when it actually has to be admitted. Here’s the latest news on one of the great corporate lying campaigns of [.].

Price 107
article thumbnail

Organizational health: The ultimate competitive advantage

First Friday Book Synopsis

Here is a brief excerpt from another outstanding article from The McKinsey Quarterly, published by McKinsey & Company, in which co-authors Scott Keller and Colin Price explain why organizations must build the capacity to learn and keep changing over time to sustain high performance, To read the complete article, check out other resources, register (..)

article thumbnail

“Always _, Always” – A Business Focus/Buy-In Lesson from Wal-Mart (with insight from Charles Fishman, The Wal-Mart Effect)

First Friday Book Synopsis

Why don’t we give Wal-Mart more credit for doing exactly what it has promised—always low prices? No company can claim greater fidelity to its core value—no company, in that sense, is more truly trustworthy than Wal-Mart. Always low prices. It’s not “low prices until […]. Randy''s blog entries'

Price 99
article thumbnail

William N. Thorndike, Jr.: An Interview by Bob Morris

First Friday Book Synopsis

Rowe Price Associates where he did investment research in the nascent field of business services and Walker & Company where he was named to the Board of Directors. Thorndike, Jr. founded Housatonic Partners in Boston in 1994 and has been Managing Director since that time. Prior to that, he worked with T.

Price 75