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France Fesses Up: "Deficit in 2014 Much Higher than Expected", Budget Needs Revisions Yet Again

MishTalk

France announced on Wednesday it was breaking the latest in a long line of promises to European Union partners to cut its public deficit, conceding it now would take until 2017 to bring its finances in line with EU rules. Compared to the first''s expectation Amending Finance Act passed in late July, 6.1 Deficit will be 4.4%

Finance 72
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Why Preventing Disruption in 2017 Is Harder Than It Was When Christensen Coined the Term

Harvard Business

The answer may be that the innovator’s dilemma is no longer the only paradox at play in innovation management. For managers of industrial-era organizations, the economics of investing in disruptive opportunities were vexing. Disruptive products and services were, by definition, cheaper, lower quality, and lower margin.

Finance 28
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Japan's Current Account Surplus Collapses

MishTalk

trillion surplus registered a year earlier, data from the Ministry of Finance showed Monday. A country that builds up liabilities with foreign creditors through chronic current account deficits could face funding problems if investors decide to withdraw their financing. billion ($7.76

Finance 70
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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

More businesses sold after being advertised on bizbuysell.com than any other year, and 2017 was 25% higher than 2016. We have a few articles in our “writing folder” (articles I’ve saved to write about) on bad management, how technology is replacing people, and employee unhappiness. Synergistic product line firm. Pretty small.

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What GE’s Board Could Have Done Differently

Harvard Business

During Jeff Immelt’s tenure as CEO of General Electric, from 2001 until 2017, the company’s stock price fell by over 30%, a decline of roughly $150 billion in shareholder value. In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team.

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Toothless Barking Dogs; Don't Like the Rules? Then Ignore Them: French Style

MishTalk

For the third time France Warns of Budget Overshoot France has declared it will heavily overshoot its already twice-delayed budget deficit target next year, setting up tough negotiations with European partners previously reluctant to grant Paris more time to bring its public finances within EU limits. Mr Sapin said the deficit would reach 4.3

Finance 71
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What Big Consumer Brands Can Do to Compete in a Digital Economy

Harvard Business

The ones that manage to escape are discount chains —such as T. It also hurts the brands sold inside the stores, which in part explains why consumer product giants like Procter & Gamble are seeing their sales stagnate for products like Tide detergent, Gillette razors, Pampers diapers, and Crest toothpaste.

Retail 38