August 2025

From 1728, this quote on the relationship between banks and government might sound familiar.

Richard Cantillon’s “Essay on the Nature of Trade in General” will resonate with you. He was one of the first guys to make a bunch of money in a bubble. Here’s what he said about the relationship between banks and government. Sound at all familiar? “It is then certain that a bank, in concert with

From 1728, this quote on the relationship between banks and government might sound familiar. Read More »

“Disruptive Change- When Trying Harder is Part of the Problem.”

Harvard Business Review, May 2002. Interestingly enough, trying harder is a problem when the business environment changes because of the tendency to do more of the same thing you’ve always done. Typically, those things are not the right things to do anymore. As I’ve written, this corresponds to my own experience doing turnaround work. You

“Disruptive Change- When Trying Harder is Part of the Problem.” Read More »

What About Brands?

Many years ago, I wrote a Market Watch column on branding.  I opined that the importance of brands might be declining in the action sports world as products became reliable and similar.  My friend and, at that time, editor Sean O’Brien at Transworld thought enough of it to immediate publish it online without telling me. 

What About Brands? Read More »