October 26, 2011
We live in a time of massive change. Major institutions from Wall Street to the Middle East are falling. And still, big consumer products companies are behaving as if time stopped 20 years ago. I’m not going to restate the litany of cultural changes that are upsetting markets. I trust you know these by now. […]
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October 21, 2011
Loyalty is held out by most people as a virtue. Let’s assume that it is. Still, it’s not obvious what loyalty actually is. Merriam Webster defines “loyal” as “unswerving in allegiance.” Unswerving? No swerves at all? How about a swervlet? Let’s consider this. This classic definition really means that when you are loyal, you subordinate […]
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