Although there are lots of physical, tangible diseases that cause people to become ill, there is a single disease that is intangible, not quantifiable, but no less lethal. It’s called Life Sucks Disease (LSD). People commonly accept the notion that high blood pressure, high cholesterol, and diabetes can kill us. But what about all of […]
Modern business practices suggest that GE should separate all of its product lines into many small businesses. Welch refused to do so. Even while hospitalized, he remained adamant that he did not want GE’s diverse portfolio broken up. In the end, GE was successful partly due to Welch’s defiance of the status quo. Welch’s initiatives […]
Companies looking to gain space in markets oversees need to be aware of local laws and regulations that are applicable to their industry. Companies that operate in China are subject to local laws and need to pay close attention to anti-bribery laws. GlaxoSmithKline is a multinational drug company that employs 100,000 people around the world […]