April 2020

In a Crisis, Ecosystem Businesses Have a Competitive Advantage -

In a Crisis, Ecosystem Businesses Have a Competitive Advantage

Most companies cannot quickly change their business model to open up new revenue streams. Different firm activities are interlocked with one another via standard procedures. There’s a high cost to switching internal operations. The result is like a pyramid: sturdy and impressive, but rigid and brittle. Coronavirus has exposed the vulnerabilities of companies whose competitive

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Commentary: How Zoom-Working Will Change Companies Forever -

Commentary: How Zoom-Working Will Change Companies Forever

Virtual meetings are here to stay. It’ll upend how all corporate decisions are made from here on. HONG KONG: Like thousands of other professors, the executive education programmes I teach have either been cancelled or migrated over to Zoom, under the shadow of a pandemic. Just the other day, one of my class participants, John,

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3M Makes A Lot Of Masks But Trump Can’t Increase Its Supply -

3M Makes A Lot Of Masks But Trump Can’t Increase Its Supply

Late on Thursday night, Trump announced he had signed a Defense Production Act to compel 3M to produce face masks, specifically for the N95 respirator. The Defense Production Act, which was passed in 1950, grants the president the power to expand industrial production of key materials or products for national security and other reasons. “We hit 3M hard today

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