Where Bartz Blew It, and What Yahoo! Needs To Do Now

Carol Bartz was unceremoniously fired as CEO by Yahoo’s Board last week.  Fearing their decision might leak, the Chairman called Ms. Bartz and fired her over the phone.  Expeditious, but not too tactful.  Ms. Bartz then informed the company employees of this action via an email from her smartphone – and the next day called…

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Why Innovation Ain’t So Easy Mr. President – Look to Google, not GE

Summary: The President has called for more innovation in America But American business management doesn’t know how to be innovative Business leaders focus on efficiency, not innovation America has no inherent advantage in innovation To increase innovation we need a change in incentives, to favor innovation over efficiency and traditional brick-and-mortar investments We need to…

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Attacking Culture to Address Problems – British Petroleum

I weighed in late on the Gulf Coast disaster – and my impressions of British Petroleum.  I wanted to be thoughtful, as the ramifications of this will be with us for decades.  Compared to the hurricane that wrecked New Orleans this situation is far worse.  Many more businesses are being shut down, the ecological disaster…

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Puma is NOT “an iPod on wheels” – GM, Segway

"GM, Segway unveil Puma urban vehicle" headlines Marketwatch.com.  The Puma is an enlarged Segway that can hold 2 people in a sitting position.  Both companies are hoping this promotion will create excitement for the not-yet-released product, thus generating a more positive opinion of both companies and establish early demand.  Unfortunately, the product isn't anything at…

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Admit shift happened – then invest in the future, not the past

The headlines scream for an answer to when markets will bottom (see Marketwatch.com article from headline "10 signs of a Floor" here) .  But for Phoenix Principle investors, that question isn't even material.  Who cares what happens to the S&P 500 – you want investments that will go up in value — and there are investments in all…

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