One of the leading academics and authors on Business and Management Dr Henry Minztberg has written a thought provoking piece in the MIT Sloan Management Review on whether the executive bonus schemes should stay or be scrapped.
Mintzberg says, “Executive bonuses—especially in the form of stock and option grants—represent the most prominent form of legal corruption that has been [...]

[Read more →]

Malcolm Gladwell is one of our favourite authors. His book the Tipping Point became a phenomenon. We recently noted his latest article (Cocksure) in the New Yorker. It is a wonderful description of the dangers of over confidence and how this contributed to the spectacular fall of Bear Stearns. A great read.

[Read more →]

Did you ever buy a Polaroid instant camera?
Probably.
If you did, and many did, you probably marvelled at the film and the organic process involved in taking pictures.
You weren’t the only one. Polaroid film also gained a massive following amongst professional and amateur photographers who valued its unique characteristics. Specifically they loved the freedom the film [...]

[Read more →]

Like Wow, Wipeout!

The classic Australian rock group Hoodoo Guru’s song from the mid 80’s pretty much captures the nature of the current financial crisis. As a result of this mayhem there is now little doubt that we are about to enter a major down turn. How far down, no one really knows. But what [...]

[Read more →]

Social networking has rapidly gone from being the rising star to a commodity in a short short space of time. While it is still too early to tell whether Rupert Murdoch’s purchase of My Space was a good use of $580m, it would seem that even Facebook don’t quite believe the $15b valuation that Microsoft [...]

[Read more →]