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General Management

What’s With McDonald’s? “Too Big to Fail?”

The phrase, “too big to fail” was bandied about a lot during the financial crisis, especially in discussions about banks, insurance companies, car manufacturers. I’m not sure if that was true or not – of course there would have been a lot of pain if one of those companies had gone under, and a lot … Continue reading »

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I, For One, Don’t Believe Most CEOs are Overpaid

A topic that gets a lot of press these days is the compensation packages awarded to some CEOs. Many people take umbrage to the size of these packages, for a variety of reasons including “disproportionate to rank and file,” “nobody is worth that much,” “(the company) could have used the same amount of money to … Continue reading »

Categories: General Management, Turnarounds, Uncategorized, Venture Capital | Tags: , | Leave a comment

Jeff Zucker, The Man In Charge of Killing CNN

Introduced to the world in 1980 by television visionary Ted Turner, CNN, which stands for Cable NEWS Network, became the first 24/7 television news network. It has cable distribution deals that afford it a reach of 100,000,000 homes in the US, and millions and millions of more viewers through its international networks and affiliates. In … Continue reading »

Categories: General Management, Media Industry, Turnarounds, Uncategorized | Tags: , | Leave a comment

Trust Your Employees and Reap the Rewards

Richard Branson, Chairman of the multinational Virgin Group, made some “news” this week by announcing that employees of the (over 400) companies would no longer be bound by an official vacation policy; employees would be free to take the time they need/want, and it would not be monitored. In other words, Branson is placing his … Continue reading »

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Ken Wheaton, Ad Age Editor, Takes Umbrage with Latest Carl’s Jr / Hardees TV Ads

In a recent editorial, he says: (the ads) are disgusting, the (agency and client) should be ashamed of themselves, (the ads) aren’t sexy or funny. The maligned advertising agency is “72 and Sunny,” a creative shop out of Los Angeles and Amsterdam; here’s a look at some of their work for other clients. From online … Continue reading »

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Today I Fix Retail Stores

Today I Solve The Problems of Retailers Sears, Radio Shack, Best Buy…..going, going gone? Many analysts think so. Radio Shack used to be so cool, and still could be. It’s the only place to get things you didn’t know you needed. Capacitors, resistors, bits of wire and plugs. Hobbyists and home handymen are the market. … Continue reading »

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What’s Wrong With Alibaba?

The Chinese web company made history today, with the richest IPO ever, bringing in an anticipated USD $21 billion + valuing this middle-man company at over USD $200 billion, giving it a larger valuation than its nearest rival, Amazon. If you’re not familiar with Alibaba, it’s a Chinese based group of internet-based e-commerce companies, including … Continue reading »

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The Media Industry Needs a Swift Kick in the Keister

The Great Media Industry Fiasco There was a time when it seemed like every company wanted to evolve into a media company; whether it was the humble parking lot beginnings of Time-Warner, or liquor giant Seagram assimilating Universal, to Disney gobbling up ABC (I have a funny story about that). OK, I won’t go into … Continue reading »

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Private Equity Deals Hurt Consumers

Private Equity, Part 3: Bad for Consumers In a previous discussions about the private equity industry, I’ve spoken mostly about their lack of contribution to growing the economy – since the function of a private equity deal is to provide a sky high ROI to the firm and “partners,” they have no interest in really … Continue reading »

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There’s Only One Task For Any CEO

I know many CEOs who believe they have four ‘audiences’ for their concern: Wall Street, regulatory agencies, customers, and employees. (Usually in that order). I believe this to be misguided; I feel that if CEOs make their employees their only priority, all other corporate needs and accomplishments will fall in line. While many in business … Continue reading »

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