Business strategy may sound simple but it’s also the single most important activity you’ll engage in in your career. A business strategy will determine success or failure, launch careers and destroy others. For anyone who may doubt the importance of developing a sound strategy, take the case of this large consumer cosmetics maker. A few […]
Month: May 2018
Dirty Laundry… and mis-applied science
In 2016, after years of declining profits and shrinking market share GE Appliances threw in the towel and sold to the Chinese. Today, Haier USA is profitable but not necessarily for the reasons you might think. The easiest conclusion to jump to is that Haier turned the business around by moving manufacturing to China and […]