The McKinsey Quarterly has this excellent (and sobering) piece on how a financial crisis can accelerate global economic activity. A central point of the article is that whilst commodities and foreign exchange are truly globalized by Adam Smith’s definition (the Law of One Price which states that when markets are fully formed, all customers can […]
I was very disturbed to learn about the passing of Professor C.K Prahalad this morning (hat tip to Shiv Singh). There were a few books in the 90’s that had significant influence on shaping my personal thinking about how to accelerate performance in business. Three notable ones were The Ultimate Resource (Version One made the […]
“If I’d asked my customers what they wanted, they’d have said a faster horse." – Henry Ford. Somewhere there’s got to be a similar line from Steve Jobs as well. And both have successfully belted out product after product that changed the automotive, mobile and media business, forever. All without involving the customer in a […]