Corrupt executives not jailed because nation's economy depends on them
Mr. Cho accused Mr. Lee and his aides of committing a “grave crime” but said that he decided not to arrest them partly because they admitted to the wrongdoing and because their arrests would seriously disrupt the management of Samsung, which accounts for one-fifth of the country’s total exports, and endanger the national economy.
Second Cheapest Syndrome
“Restaurant owners will often price the wine they buy cheapest at wholesale as the second cheapest wine on the menu. Why? Because people generally don’t order the cheapest wine and thus often turn to the second cheapest. Price that one higher, and you get a bigger marginal profit. Presto — restauranteur as microeconomist!” (from a reference to an old WSJ article I can’t locate online)
The Harvest Platform - There's a growing ecosystem of software and services that integrate with Harvest, so we assembled a page describing these excellent 3rd-party apps. »
The Young Man's Business Model
Excerpt from The Young Man’s Business Model
»I have plenty of opinions about business models, but to me, the best business model is one that makes your customer money. I didn’t say “saves” them money – big difference. Also, its better yet if that customer is a business. You need less businesses as customers to be successful than if you had individuals as customers. A common sweet-spot is BtoBtoC. Supply to businesses that supply to consumers (and of course, make them money).
Monocle: design notes
Thoughts from the designer on the strategy and decisions made with Monocle.com »
Brilliant marketing
Absolut ad redraws the U.S.-Mexico border – No such thing as bad press?
- Obama & creativity – Let the people do the work for you.
At the Bklyn Museum. »
Couldn't resist picking up these books I came across recently. »
