Background to The Art of War SUN TZU wrote The Art of War in approximately 490BC in the Kingdom of Wu, China, and became a general for the King of Wu in 512 BC. For the next 39 years his precepts were followed and the Kingdom of Wu was victorious. And then, they forgot … […]
Categories
BCG Growth Share Matrix
The BCG growth share matrix is a simple conceptual framework for resource allocation within a firm 1. Background to the BCG matrix IN 1968, BCG developed the growth share matrix, which is a simple conceptual framework for resource allocation within a firm. 2. Purpose of the BCG matrix The BCG matrix is a simple tool […]
Categories
Warren Buffett on hard work
WARREN Buffett‘s 2006 letter to shareholders makes for very interesting reading. One of the sentiments that Buffett expresses in the very first page of his letter is one of gratitude to the managers who have run his companies over the last 42 (now 44) years. Buffett indicates that he and Charlie Munger, Berkshire’s vice chairman, […]