Archive for September, 2012

Crystal Ball: Best Buy – Going out of Business (Revised)

September 19, 2012

Best Buy has had its lunch handed to them by Amazon and poor management. Best Buy sells commodity and low margin products. Consumers go to Best Buy stores to see the products, take a test ride and then buy the products from other retailers. As has been reported, Best Buy has too many stores and, [...]

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Posted in Branding, Competitive Advantage, Customer Relations, Management, Media, Psychology, Technology | No Comments »

General Electric

September 10, 2012

“General Electric, during the Jack Welsh era, when the company’s flagship product was not an industrial turbine or a refrigerator or medical imaging device but a quarterly earnings number that reliably met or ever so slightly exceeded earnings guidance.  Because of Environmental’s demands for reliability, work is only secondary in the business of making stuff [...]

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Posted in Consulting, Global Economy, Management, Strategic Planning | No Comments »