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Category Archives: Business Commentary
Missing The Blend
In Accounting Theory, so much research relating to efficiency of contracts and how to develop contract that best motivates manager to act in the best interest of business owners. Such a major research focus on the part of so many … Continue reading
Monopoly Plantation
Sometimes it seems that the corporate ideal is monopoly, using as many unpaid interns as possible. Then they give back in cultural contributions, generally ensuring perpetuation of names. Of those who Give them a little attention
Posted in Business Commentary
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Summary of The Sum
Have referenced some editorial content in relation to Michael Mackenzie, Canada’s first Superintendent of Financial Institutions. In the same editorial, by Nelson Luscombe, in CA Magazine from March, 1987, “When two plus two equals three”, the source of the title … Continue reading
Posted in Business Commentary
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Best Interests
From the decision of the Supreme Court of Canada in Peoples Department Stores Inc. (Trustee of) v. Wise, [2004] 3 Supreme Court Reports 461, at paragraph 42: …it is clear that the phrase the “best interests of the corporation” should … Continue reading
Reasonable Expectation
Have written about Nortel on a number of occasions. Came across this March, 2001 Financial Post article. It was all so predictable… Analysts query Nortel sales Financial Post, March 1, 2001, p. C1 The industry practice of recording revenue on … Continue reading
Posted in Accounting Issues, Business Commentary
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Why/How
Growth spurts depend on people who don’t know how bad their odds of success are. Some people hit on something, and it resonates. Came across 2001 New York Times article by Virginia Postrel, “A vital economy suffers fools gladly” (September … Continue reading
Posted in Business Commentary, Economics
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Forced
Concept in Organizational Behaviour of forced ranking of personnel. Originating from Jack Welch, identified by Fortune magazine in 1999 as “manager of the century”. He describes the technique in his memoir with a telling title: Jack: Straight From the Gut. … Continue reading
Uneasy Money
Easy money You say I fool myself But better me than someone else Brokered mortgages. When there is no income, but equity. When there is not enough income, but equity. When there is no equity, but anticipated income. When there … Continue reading
Posted in Business Commentary, Financial Stress
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Back to Front
My ex-wife recently attended a major reunion of students of the former Edenview School in Cactus Lake, Saskatchewan. People who hadn’t seen each other in fifty years or so. Growing up in farms around the hamlet. Asked my ex-wife who … Continue reading
Focus Diffusion
In leadership generally, people seem to expect to focus on one leader. If that leader does not meet expectations, there is no fallback position, other than leadership replacement. Since few people can be all things to all people, it would … Continue reading →