by Bruce | January 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Strategy
On the wonderful landscape of economics, several highly visible landmarks are in the form of "laws:" The law of supply and demand, of economies of scale, of diminishing marginal utility, of the downward stickiness of wages, of decreasing returns to factors...
by Bruce | January 16, 2008 | Articles, Finance, Leadership, M&A, Practice Group Management, Strategy
I previously asserted that corporate America teaches that firms that treat recessions as opportunities rather than threats could steal a march on their more conservative brethren and emerge into the post-recession recovery as more powerful competitors. Today I’d...
by Bruce | January 13, 2008 | Articles, Finance, Leadership, M&A, Strategy
Regular readers, or simply those with good memories for the jovial Cornell University economist Alfred Kahn, who briefly served as Jimmy Carter’s czar over wage-price controls, as well as the last head of the unlamented Civil Aeronautics Board (where he...
by Bruce | January 10, 2008 | About the Site, Articles
I’ll be at Hildebrandt’s Marketing Partner Forum 2008 held this year at The Breakers, Palm Beach, on January 16. If any of you will be attending, shoot me an email and maybe we can get together.
by Bruce | January 9, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Strategy
Text #1: "He was recruited as a very senior director in a very large City law firm. His work went well but the thing that really bugged him was the pass he had to show every time he went into the staff restaurant. The words ‘non-lawyer’ were printed...
by Bruce | January 2, 2008 | About the Site, Articles
At the end of one year and the beginning of a new, it’s fitting that I offer to you all a report on the state of "Adam Smith, Esq." As Presidents intone at the start of their State of the Union address (I believe utterly without fail), I can report...