meek-investor

There’s something very wrong when common sense is completely thrown out of the window. We all know that law can be an ass and lawyers an unbelievable pain in the aforesaid part of the anatomy, but this story takes the cake for the ultimate in nonsense. Only in the United States would something like this be even remotely comprehensible. Two Sprint employees who worked in their store in Denver were fired . Their crime ?? They were on their lunch break in the mall where their store was, when they saw a shoplifter from the neighbouring store being chased. They lent a hand and caught the shoplifter. This was their crime. Wait a minute. Would you not expect them to be publicly felicitated for being such being good samaritans ? You would expect a reward to be more appropriate than the sack. But sack is what they got. Why ? They violated company policy that prohibited store employees from chasing shoplifters outside the store. Wow !! My first and immediate conclusion was that Sprint was an ass...

If you ever listed the most undesirable inventions in the world, Power Point should feature somewhere at the top of the list. This blogger’s visceral antagonism to Power Point may be well known to long time readers – there’s a series of posts on this here . It was therefore with unbelieving incredulity that I read of Power Point’s infiltration into the US army in the New York Times’ report here . I had to rub my eyes a couple of times to believe what I was reading. But then on logical reflection, I should not have been surprised. Is there any organisation that the cursed Power Point has not infiltrated. Why should the military be impervious to its seductive powers. Human idiocy has not escaped any particular body of men. Al Qaeda’s true magic bullet to winning the war in Afghanistan is not the suicide bomber. Its not the Taliban. Its not the weapons smuggled in through Pakistan. Its not the opium that’s grown to finance the war. Its not the Tora Bora caves. Its actually nothing that th...

An old stale subject, but since I happened to read an article in the Financial Times on this , why not add to the zillion words already written on this comparison. Both are financial centres; both are dynamic and vibrant city states. They are the usual two choices for any company’s Asian headquarters. As a financial centre, after London and New York, Hong Kong is ranked third; Singapore fourth. They are wonderfully connected to the rest of the world. HKIA and Changi frequently trade places as the best airport in the world. They are two of the biggest seaports. Both are ex British colonies and truly international. Great places to live in. At a superficial glance, they seem to be clones of each other. So what are the differences ? Hong Kong is obviously numero uno for China. Singapore is a much more comfortable location for India. The standard of English is much better in Singapore than in Hong Kong – there are parts of Hong Kong where you could be totally lost without Cantonese. Hong Ko...

Every day morning, my one sure chore is this – open Blogger after dodging the net nanny and delete the couple of spam comments that my blog has attracted. Irritation has started to give a little way to intrigue - who are these guys and gals and what are they trying to do ?? These days common email services such as Hotmail, Yahoo and Google have pretty good spamguards; so the number of spam emails can be controlled. Of course the majority of emails in the world are spam – some 60-80% of all emails in the internet is spam ; says something about human nature doesn’t it. But Blogger, for some reason, doesn’t seem to have a spam guard. Presumably it views blogs like mine as virtually indistinguishable from the nonsense that is spam. One variety of spammers are the scamsters . Nigerians had a dominant market share in this market, but the business is now truly global. I would have thought anybody in this world will now delete messages titled- “Congratulations you have just won the lottery:”, ...

Too much cash. An envious position to be in, but there are a few companies in this predicament. What do you do with all that cash ? Apple is the best example of a company with a massive cash problem. Yesterday they announced results that blew the market away. But they also have a problem. Cash. Lots of it lying idle. Actually $42bn of it. Earning a princely return of 0.75% per annum. And they are likely to generate another $14bn of it this year. Microsoft is a long time hoarder of cash. At last count they had some $40bn. Google has $25bn, Intel $19bn. Its not all tech companies in this list. Exxon still has $11 bn after returning $26bn to shareholders last year. So what do you do if you have this problem ? You can put it in the bank, as most of these companies have done. And earn virtually nothing on it. A significant proportion of the value you generate for shareholders by running your business, is destroyed by the act of digging a hole in your backyard and burying the cash. Or you c...

“This house believes that GDP growth is a poor measure of improving living standards”. That’s the proposition in the live online debate being currently run by The Economist. You can access this debate here . At the time of writing this post 68% of the online voters agree with this proposition. It seems rather the in thing to agree with the proposition. You can plausibly argue that there’s more to life than GDP. Gross National Happiness, first conceived by Bhutan the world leader in this concept, sounds appealing. Climate Change, Civil society, reduction in inequality – all seem to be nice concepts equally important to “living standards”. You can almost visualize the wrinkling of the nose at GDP, a very base and mercenary measure. An opinionated blogger, such as this one, has a view, obviously ! And the view is largely based on the marvelous example of China. The answer in China would be very clear. There is only one measure. GDP. Or rather growth in GDP. Full stop. Nothing else matters...

Media executives around the globe are clamoring for new and alternative business models and industry associations everywhere are holding seminars and conferences on how to create and discover them. There is just one problem: They don’t know what business models are. When you cut through the rhetoric, you find that most executives are merely interested in finding new revenue streams. Even when you consider firms touted as having best practices in that regard, none have been very successful in establishing them. The reason is simple: The dominant thought about business models is highly limited and far too narrow to solve the contemporary challenges of media industries. Business models are not merely about the revenue streams. Instead, they establish the underlying business logic and elements. They involve the foundations upon which businesses built, such as companies’ competences, value created, products/services provided, customers served, relationships established with customers and pa...