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Culture eats strategy for breakfast

Hat Tip: Ian Cassel

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3i Infotech: Company Ek, Focus Anek

Company appears to have a spray and pray approach

With the impetus to expand the impact of our product portfolio, we are focusing on disruptive technologies, such as – IoT, Blockchain, SMAC, Robotics, AI, Machine Learning, Telematics & Cybersecurity to facilitate expansion of market reach of our customers said Padmanabhan Iyer, Managing Director & Global CEO, 3i Infotech

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Trains Vs Planes

Source: HSBC Report on India Aviation

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The Bartender Test for Stock Selection

If you had invested 1 $ with Tom Murphy as he became CEO of Capital Cities in 1966, that 1 $ would have been worth $204 by 1995, a remarkable 20% compounded return.

A bartender at one of the management retreats made a handsome return by buying Capital Cities stock in the 1970s.

When an executive later asked why he had made the investment, the bartender replied, “I’ve worked at a lot of corporate events over the years, but Capital Cities was the only company where you couldn’t tell who the bosses were.”

-from the Book ‘The Outsiders-Eight Unconventional CEOs’

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That sound is the sound of realty prices crashing