The '90s, "so over they never happened"

Carl Remick carlremick at hotmail.com
Sun Jan 5 11:35:14 PST 2003


[From the Washington Post]

When Business Plans Go Bust:
>From Burgers to High Tech, Companies Confront Shaky Strategies

By Steven Pearlstein

For the airlines, it's the "hub and spoke" system.

For auto dealers and fast-food joints, it's interest-free financing and dollar menus.

For drug companies, it's charging monopoly prices on a few blockbuster drugs to pay for all the research failures.

All across the economy, companies are concluding that the strategies around which they have long organized their business -- and which generated a gusher of profits during the 1990s -- are no longer working.

"The 1990s are so over they never happened," quips business consultant Michael Hammer....

<http://www.washingtonpost.com/wp-dyn/articles/A11406-2003Jan4.html>

Carl

_________________________________________________________________ MSN 8 with e-mail virus protection service: 2 months FREE* http://join.msn.com/?page=features/virus



More information about the lbo-talk mailing list