October 31, 2006
Innovation
In an example from the real world, Greg Mankiw talks about how owner managed businesses that survive over the generations tend to out perform the managed style of publicly owned businesses…. The commentary that got me comes from Jeff Cornwall (sorry to pinch the entire quote) There’s also much to be said for family “stewardship” — the sense that you have been entrusted with a multigenerational inheritance, not just a company…. Regularly voted one of the best American employers, it is known for the range and quality of its goods, its beautifully appointed stores and its knowledgeable and friendly staff. The buyout experts who snapped up grocery chains through the 1980′s and 90′s, firing workers and cutting benefits, would not have understood what the Wegmans are about.
Read the full article →
October 30, 2006
Cloud Computing/SaaS
Unlike Microsoft which wishes to maintain the brand value and identity long enough to maintain its dominance, (assuming it can), Winweb is satisfied with being the almost anonymous organising hub around which business is done. While all the time providing the essential personal assistance people need from time to time but which is difficult to find under one roof…. If you’re a professional reading this then read the next bit very slowly and thoroughly: Winweb is now collecting and distributing data for A LOT of businesses…. Better still, you might get access to the best intelligence about gross profit, expense profiles and other valuable information that helps you fight tax investigations.
Read the full article →