There has been a lot of chatter about the financial situation at McDonalds (MCD) lately. All kind of chatter about revamping the menu, loss of market share, allowing more local store independence, etc. All of it is wrong. All of it is focused on the typical MBA thought process of “How can we change nothing and start making money again?” This process never works. It is based on the luck of some temporary downturn which … McDonalds Problem is Not the MenuRead more
Investing
Posted inInvesting / Thank You Sir May I Have Another
The Secret to Buying a 300K Mile Car
I’ve bought more than one vehicle from the Internet. Sometimes through car sales sites and other times on eBay auctions. People always ask me “How can you know you aren’t getting a pile of junk?” It is pretty easy. My real question to them is “Why aren’t you buying on-line?” You still pay the vehicle tax for your area when you register it so it isn’t like you are taking textbooks from children or cops … The Secret to Buying a 300K Mile CarRead more
Posted inInformation Technology / Investing
Labor Day and Minimum Wage
It should come as no surprise discussion about the minimum wage is heating up. Add in the fact an election is just around the corner and you find no shortage of politicians trying to talk out of both sides of their mouths to get your vote. There can be only one viewpoint when it comes to the massively widening gap between executive pay and the average employee. It’s an epidemic which dwarfs Ebola and most … Labor Day and Minimum WageRead more
Posted inInformation Technology / Investing
What if Microsoft Made Refrigerators?
This question came up today. Actually it came up a while back and I finally looked at the message today. What if Microsoft made refrigerators? The question is an apt one for business systems which is why so few MBAs think to ask it. If Microsoft made refrigerators they would periodically require a manual reboot, everything in them would spoil and you would just accept that. Well, you would accept it until you found out … What if Microsoft Made Refrigerators?Read more
Posted inInformation Technology / Investing / Publishing
First Aereo – Now Google
In an absolutely stunning move the Supreme Court might have justified its existence with the Aereo ruling. Most citizens had lost hope and faith in the institution with their ruling allowing corporations to patent and extract license fees for genes existing naturally in humans in plants. They single handedly allowed corporate greed to eliminate public variety seed placing in jepordy the world food supply as population quickly approaches 9 billion. And let’s not forget the … First Aereo – Now GoogleRead more