Bond Discount Operations Technology 
Harvard Business Review
APRIL 25, 2013
Last week, LDK Solar , a struggling Chinese manufacturer of solar wafers and panels, announced that it had missed $24 million in bond payments. This news followed the bankruptcy in March of Wuxi Suntech , the main operating subsidiary of the world''s largest maker of solar panels, after it defaulted on a $541 million bond payment.
Harvard Business Review
NOVEMBER 20, 2017
Take Dell Technologies, for example. Webvan was forced to cease operations by 2001. Think of strategy as a portfolio of options, not bonds. The traditional plan-then-do model treats the value of any strategy like a bond. When volatility is high, however, strategic decisions should be treated more like call options.
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