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Monthly Archives: July 2010
What are Bad Profits?
Yesterday, I had a lengthy conversation with the Vice President of Finance of a major company. He was immersed in the capital budgeting process, and wanted to discuss ways to evaluate investment proposals. Our conversation started with a discussion of … read on
Posted in Thinking for Profit
Tagged finance, innovation, investments, strategy
Sustainable Profitability
In yesterday’s commentary, I talked about our economic dilemma, summed up in this quote from Sunday’s NYT: “This seeming contradiction – falling sales and rising profits – is one reason the mood on Wall Street is so much more buoyant … read on
Posted in Thinking for Profit
Tagged customers, finance, profits, recession
Who Needs Customers?
The July 25 NYT ran an article, “Industries Find Surging Profits in Deeper Cuts.” The essence was that our economy is in a unique situation: profits are soaring – not because sales are rising, but because costs have been cut … read on
Posted in Thinking for Profit
Tagged customers, finance, profits, recession
The Early Days of Facebook
This morning, I noticed that the Harvard Crimson website featured a link to the original February 9, 2004 Crimson story reporting the creation of what is now Facebook. Note the quaint headline, “Hundreds Register for New Facebook Website“. Remember, this … read on
Posted in Thinking for Profit
Tagged entrepreneurship, Facebook, innovation, leadership, social networking, strategy