Here is an article by a consultant from Boston Consulting Group, describing a client, Brady Corp (BRC) who took many early decisions and thus avoided much of the pain of the recession.
I read in the Spectator this week an article about the process political parties typically go through after a defeat.
Stage 1 We didn't really lose. (The other guys just happened to luck into an appealing candidate - but people really prefer us).
Stage 2. OK, we lost - but only because the voters are idiots.
Stage 3. OK, we lost and maybe the voters are not idiots - but there is nothing we can do without betraying our sacred principles.
Stage 4. Hey, maybe there is something we can do".
In other words:
Stage 1. Denial
Stage 2. Blame.
Stage 3. Justification.
Stage 4. Responsibility
Sound familiar? So incredibly simple, yet sometimes so incredibly hard.
Netflix are one of the more successful companies to emerge from Silicon Valley in the past ten years. They are now the largest provider of online DVD rentals.
For three months I have been dedicating myself to learning about social media – how it works, how people use it and why they love it.
I felt instinctively that it would impact social culture, change how people connected with each other and consequently impact corporate culture. After three months study and participation, I am sure that this is the case.