Author Archives: Stan

Conditional success

“If we can get two other customers to add 10 million units annually, that will raise our profitability to a level that would make us an attractive acquisition target,” Jeremy explained, as the rest of us listened intently.  Jeremy is … Continue reading

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The reluctant rubber stamp

“Dear Stan, I’m Chairman of the Board of a large private company.  I was recruited for the specific purpose of ensuring that proper governance was applied to the decisions regarding the strategic future of the organization.  There are strong-willed shareholders … Continue reading

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Weiji

I had thought that the kanji symbol for “crisis” was a combination of two separate symbols, one meaning “danger” and the other “opportunity”.  I had intended to use this as an introduction to this piece, as a justification for optimism … Continue reading

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The one inch theory

“It’s a combination of greed and ignorance of history”, he said, munching his flank steak salad, gazing out at the sparkling San Diego bay.  “There’s no other explanation that works.”  He had been discussing the destruction of investor value represented … Continue reading

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