Dumbest business decision of the decade

101 x served & 18 x viewedThe Swedish busi­ness paper “Dagens Indus­tri” has lis­ted ten can­did­ates for the not so flat­ter­ing dis­tinc­tion “dumbest busi­ness decisions of the dec­ade” in Sweden. Stora Enso tops the list for the decision to acquire Con­sol­id­ated Papers for EUR 4.9 bil­lion in the year 2000....

Sports beat Paper!

63 x served & 12 x viewedPaper industry has lost almost its entire glow, the recent reces­sion almost wip­ing out any remain­ing aura. Earli­er on, even vis­it­ing groups of stu­dents were treated with good food and drink. Nowadays, they are often not even wel­come since there are no resources to...

Failing algorithm

87 x served & 18 x viewedAmazon has prospered from their amaz­ing algorithms that keep track of cus­tom­er pref­er­ences. This way, they have been able to recom­mend books based on earli­er buys and what oth­er buy­ers of the same books have bought. But today, I received a recom­mend­a­tion to buy...

No newspapers on Amazon Kindle?

135 x served & 17 x viewedRupert Mur­doch has indic­ated News­corp will prob­ably not pub­lish with the Amazon Kindle device in the future. Amazon keep­ing what is thought to be 70% of the rev­en­ue is not a fair deal to him. The same atti­tude seems to hold for Aus­trali­an Fair­fax...

Old media is dying…

100 x served & 17 x viewedThe clas­sic old­timer magazine Reader’s Digest is going bank­rupt. Or maybe it is more cor­rect to say that the Reader’s Digest Asso­ci­ation is try­ing to sur­vive after reach­ing an agree­ment with its cred­it­ors to reduce debt. So the magazine will maybe sur­vive under bank­ruptcy...

Illuminated logo

Rival logo illuminated through red wine

130 x served & 24 x viewedTaken by sur­prise I had a glass of Itali­an red with a rock star at the Rival bar in Stock­holm. He put his glass on the paper nap­kin, and to our amazement the prin­ted logo was col­oured red by a spot­light shin­ing through the...

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Victory of “Dead-Tree” Communication

91 x served & 15 x viewedAccord­ing to a recent report in Knowledge@Wharton, mar­ket­ing in print is so much more effect­ive than in digit­al media. Actu­ally, it is the print that drives the traffic to the web sites! The find­ings were sup­por­ted by sev­er­al com­ments to the art­icle. The report was...

Digital media are overrated!

87 x served & 35 x viewedAn IT research­er at the Hel­sinki Insti­tute for Inform­a­tion Tech­no­logy (HIIT) told me that the digit­al media as web and e-mail are over­rated. Paper and print ar often super­i­or. But we are lack­ing (simple) tools to cre­ate prin­ted products (user-gen­er­ated print media). Unfor­tu­nately, there...

What is innovativeness?

209 x served & 162 x viewedI asked Rolf Jensen (of Dream Com­pany): What do we actu­ally mean with INNOVATIVENESS? Can it at all be meas­ured? What does it take to define a per­son, a group, a com­pany or a region (city/country) as truly innov­at­ive? Rolf Jensen answered: Dear Pet­ter...

Can an old company turn modern?

97 x served & 17 x viewedI read Gary Hamel’s new book The Future of Man­age­ment with enthu­si­asm and frus­tra­tion. He sets the tone already in the pre­face with the fol­low­ing state­ment: Most com­pan­ies have a roughly sim­il­ar man­age­ment hier­archy (a cas­cade of EVPs, SVPs, and VPs). They have ana­log­ous...