That the Dow closed over 12,000 today is great news.The European debt crisis had cast a pall of gloom across stock markets worldwide and in the US things looked bleak till the news that six Central Banks of the world had come together to enhance financial liquidity in their respective markets. If the "Occupy Movement"Continue reading “Dow over 12,000: Globalization can work on the governance side as six Central Banks Co-ordinate.”
Category Archives: Relationship Governance
The 16$ muffin and understanding B2G and B2B buying and payment processes
The 16$ muffin has outraged Americans given that you can get a fairly decent muffin for about $2. In fact, Senator Chuck Grassley has asked for "heads to roll" and BBC has run a story of how impossible it is to come up with a$16 muffin. Given the B2B and also B2G focus of thisContinue reading “The 16$ muffin and understanding B2G and B2B buying and payment processes”
Directors want to spend more time on strategy, risk and talent says McKinsey Global Study
The Board of Directors of surveyed companies by McKinsey want to spend more time on Strategy,Risk and Talent than they are doing. According to the McKinsey study the the time spent on these things have not gone up since the economic crisis. So where is the problem? Most times the Board of Directors just goContinue reading “Directors want to spend more time on strategy, risk and talent says McKinsey Global Study”
New ICANN rules might allow interesting distributor websites for major brands
Unless you have $185,000 to spend on a ".yourname" the news that ICANN will allow any legitimate brand owner to get a ".yourname" suffix will not help very much. Unless of course you are a dealer for a major brand like say Ford motors. Then if the brand owner and distributor can work out theContinue reading “New ICANN rules might allow interesting distributor websites for major brands”
One year anniversary of BP oil spill: Was it the Blow Out Preventer (BOP)?
Today is the one year anniversary of the Deepwater Horizon oil spill that had devastated the Gulf. Things look much better today but the mystery of the Blow Out Preventer (BOP) is not resolved as BP sues Cameron for the BOP failure. Cameron the BOP supplier claims that “Hydrocarbons had entered the riser well beforeContinue reading “One year anniversary of BP oil spill: Was it the Blow Out Preventer (BOP)?”
“Privacy” and social media -SEC to track Facebook and Twitter
The SEC is going (back in 2011) to track Facebook,Twitter,Linkedin postings. Consider this imaginary scenario, more plausible as the Facebook generation grows up.
[ Note: This post from March 9, 2011 was updated for formatting issues on May 31, 2021]
Supply chain norms and incentives should be aligned internally as well
Have you heard of managers paying liquidated damages to their employer for defective manufacturing under their watch? Probably not, but sure you’ve heard of suppliers paying liquidated damages for defective supplies. Depending on the alignment of incentives and norms of internal folks the external relationships with the supply chain and distribution channel can work betterContinue reading “Supply chain norms and incentives should be aligned internally as well”
India: A Raja is arrested in 2G telecom scam: learning to deal with the messiness of democracy
With all the excitement in Egypt even the BBC covered the arrest of A. Raja only briefly. A. Raja is the former Indian telecom minister who is alleged to have sold the very lucrative 2G wireless phone licenses in 2008 at 2001 rates to private companies costing the Indian government billions of dollars in lostContinue reading “India: A Raja is arrested in 2G telecom scam: learning to deal with the messiness of democracy”
WikiLeaks on Cyber Monday – adding value when all information is available
The latest round of WikiLeaks on Cyber Monday (November 2010) is ironic. Cyber Monday got its name from early days of the Internet when folks would go to work on the weekend after Thanksgiving and use the high speed office broadband for Internet shopping for Christmas and the holidays.Now the Cyber Monday deals start onContinue reading “WikiLeaks on Cyber Monday – adding value when all information is available”
Rolls Royce engine troubles: why aviation industry closes ranks on safety but pharma can’t
You might have heard (November 10, 2010) about the Qantas plane to Sydney whose engine parts blew out part of the fuselage and the plane luckily made it back to Singapore. Since then several airlines with the Rolls Royce engines have been grounded for checks and verification.
[Note: This post from November 10, 2010 was updated for formatting issues on May 31, 2021]