by Bruce | February 24, 2016 | Articles, Business Models, Leadership, Strategy
We now come to our fifth and final installment: Capitulation to Irrelevance or Death. “Irrelevance” is a subtle touch. It’s a fair bet that not too many readers of Adam Smith, Esq. see themselves as, or would be content to be, spending their working...
by Bruce | February 22, 2016 | Articles, Business Models, Leadership, Profiles of Individuals, Strategy
We now come to Stage 4, Grasping for Salvation. Illustrative is the contrast between how HP and IBM responded in terms of choosing new CEOs when each company’s growth slowed dramatically in the 1990’s. HP first: It faced a choice as it sought to replace...
by Bruce | February 19, 2016 | About the Site, Articles
The observant and—one can hope—the unobservant alike among you will note an updated look here at AdamSmithEsq.com. We readily admit this “refresh” means more to us than it means to you, and we’re fine with that. Indulge us a moment. A few of the...
by Bruce | February 16, 2016 | About the Site, Articles
In the midst of our series on Jim Collins’s How the Mighty Fall, it occurs to me it might be valuable to pause and talk for a moment about language. Partly this is prompted by a bit of self-consciousness on my part, that the true value of Collins’s five...
by Bruce | February 15, 2016 | About the Site, Articles
AccessData webinar series: The Good, the Bad, and the Ugly of the FRCP Amendments I will be moderating a series of three webinars on the amendments to the FRCP. Registration is free and each webinar will last about 45 minutes. AccessData is running an eDiscovery...
by Bruce | February 12, 2016 | Articles, Finance, Globalization, Leadership, Strategy
Collins’s (and our) third stage, “Denial of Risk and Peril,” is, yes, about denial, but it’s really about how to decide whether to go forward in a world of ambiguity, incomplete and contradictory information, and inconsistent advice. In other...