Posts Tagged ‘creative destruction’

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    Happy 100th Birthday IBM!

    Jun 16, 11 • 328 Views • No Comments

    Imagine the challenge of implementing the first Social Security system in 1937. 27 million employees and their employers had to be taxed. The basic idea was to collect the money and then redistribute it to current retirees. So everyone got an ID number....  [read more]

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    Your Elevator Pitch

    May 13, 11 • 283 Views • No Comments

    What if you had just 1 minute to sell your business idea? According to Marketplace.org, your “elevator pitch” would need, 1) to state the problem you are solving; 2) to explain why your solution will have marketplace success; 3) to present a...  [read more]

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    When is 60 a Good Grade?

    Feb 2, 11 • 203 Views • 1 Comment

    At 60.8 percent, the Institute for Supply Management’s (ISM) measure of manufacturing activity was way up, far more than anyone expected. Reflecting expansion, any number above 50 is good. So robust a number takes us to a question. If production is...  [read more]

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    Auto Innovation

    Jan 5, 11 • 233 Views • No Comments

    Saying, “I believe the people who invented the auto cannot abandon it,” President Obama supported the bailout of General Motors. Economist Joseph Schumpeter would have been horrified. The man who explained “creative destruction,”...  [read more]

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    Creatively Destroying Pontiac

    Nov 7, 10 • 274 Views • No Comments

    At some point, sooner or later, people get tired of black. During the 1920s, Henry Ford realized that the Model T, so very practical and affordable because it only came in black, needed some vitality. What forced him to recognize that the Model T was becoming...  [read more]