Categories
Strategy

The Road Not Taken

Which path are you following? TWO ROADS diverged in a yellow wood, And sorry I could not travel both And be one traveler, long I stood And looked down one as far as I could To where it bent in the undergrowth; Then took the other, as just as fair, And having perhaps the better […]

Categories
Economics

Economies of Scope

Economies of scope exist where a firm can produce two products at a lower per unit cost than would be possible if it produced only the one ECONOMIES OF SCOPE is an idea that was first explored by John Panzar and Robert Willig in an article published in 1977 in the Quarterly Journal of Economics […]

Categories
Leadership

Steve Jobs – farewell

Trust that the dots will connect down the road, love what you do, and remember that you are going to die TODAY October 5th 2011, we received the sad news that Steve Jobs has departed. We are lucky to have lived during the same age as Steve Jobs, a man who has put a dent in the universe, […]