Why do companies fail? There are lots of excuses offered by former Leaders of failed companies: A bad economy is high on the list, excessive demands by unions, foreign competition, competitors who price below cost, irrational investors, a strong dollar that killed exports, and events beyond the company’s control. My intensive study of corporate failure [...]
Many companies continue to operate as though it was 1960 when there was much less competition and product choice, customers were abundant, what you put on the shelf sold, you could get away with selling shoddy products, and provide inferior after sale service. The internet has created a new business environment and destroyed the old. [...]
Railroads in the mid-19th Century brought economic prosperity to Canadian communities. In the 20th Century, electricity, telephone, and paved roads were the engines of community wealth creation. A Community’s well-being in the 21st Century will depend on embracing the enabler of the knowledge economy, ubiquitous ultra-broadband Fibre-to-the-Premise (FTTP). The major cable and telephone companies, Telecom [...]
During the last three decades Chinese, Indian, and Korean manufacturers became major providers of low-cost and low priced goods, and rivals to North American manufacturers. Their competitive advantage was derived from low cost labour. In response, North American organizations focused on cost management and process excellence. Management’s 90’s religion was Six Sigma, process improvement, right [...]
Below are books that deal with contemporary issues in business. They are not necessarily great books but books that deal with contemporary business issues.
Bagnall, James “100 Days – The Rush to Judgment that Killed Nortel”
“100 Days” is available from Amazon.com in Paperback or the Kindle Edition.
If you have wondered why [...]
The arrival of the railroad in the mid-18th Century, electricity in the 19th, and the telephone in the 20th brought economic prosperity to countries and communities that were early adopters of these technologies. Beneficially, they removed distance between communities, increased trade, created jobs, and improved living standards. In the 21st Century, ubiquitous symmetric Gigabit broadband access [...]
By Eamon D. Hoey MBA, CMC and Ronald J. Pickett MBA, CMC
North American telephone and Cable TV companies have a significant investment in last mile copper networks. They are generally not deploying last mile Fibre-to-the-Home (FTTH). Where they are deploying FTTH, they are not offering gigabit speeds needed to support emerging information age [...]
The Canadian Radio-television and Telecommunications Commission (CRTC) denied BCE Inc.’s $3billion takeover of Astral Media Inc. This may be as profound as Paul Martin’s decision to deny the merger of Canada’s banks. As with the banks, it may push BCE to seek growth beyond Canada.
In 1998 Martin, then Canada’s Finance Minister, blocked the merger [...]
Mergers and acquisitions (M&A) are a popular way of achieving rapid growth and market entry. However, the performance of acquisitions is mixed. Half of acquisitions fail to meet acquirer expectations. Yet, acquisitions remain a central element of corporate strategy. How then can firms improve the post-acquisition integration performance of acquired firms?
First, let us see [...]
Industries differ in their economic features and competitive character. Trucking, for example, bears little resemblance to Cable TV or the fast food industry. When constructing a strategy you need to first define your industry’s distinguishing features. These include market size, growth rate, the market’s geographic boundaries, size and number of competitors, buyer needs, differentiation, economies [...]
- Why Companies Choose to Fail
- The Customer has Made a Comeback!
- Canada – 100 Times Slower Than Google Fibre!
- Innovation Trumps Cost Cutting
- Contemporary Business Books
- Gigabit Access, the Engine to Prosperity
- Sweating the Copper
- Time for BCE to Think Globally
- How to Improve the Performance of Acquisitions
- How to Forecast Your Rivals’ Strategic Moves
- How to Avoid the Pitfalls of Change Management
- IT – Afterthought or Disruptive Enabler for Strategic Change?
- Create Your Own Future!
- Best of the Best Books on Organizational Change and Culture
- Best of The Best Strategy Books
- Seven Beacons of Strategy Development
- Which Competitve Strategy?
- Five Crucial Activities of the Transformational Leader
- Strategic Abandonment Delivers Growth
- Entrepreneurs, the Forgotten Engine of Innovation