Matt Stoller has recounted the importance of unremitting optimism in creating and perpetuating the Afghanistan debacle- a major “change” project steeped in failure. It’s a prime example of unachievable aims pursued by the over-optimistic. He illustrates his thesis using the satirical 2017 move War Machine, starring Brad Pitt as an exuberant and deluded U.S. General who encapsulated the eternal and unremitting optimism who comes to Afghanistan with a spirited can do attitude and a coterie of yes-men (the movie sis closely based on reports of actual US Generals and their actual “optimism” strategy)
Ugly numbers from WeWork
When The We Company pulled its IPO for WeWork in September it stopped disclosing its financial statements in the full, formal way required by SEC rules.
Instead, as the crisis at the company rumbles on, it published a less formal Q3 2019 presentation to investors,. That deck shows WeWork suffered a net loss of $1.3 billion on revenues of $934 million in Q3.… Read more
Seven critical strategy questions for the Board of Directors
I’m occasionally asked during our SMU-SID Diploma in Directorship courses what should Boards of Directors focus on to assist Management consider strategy.
Here are seven questions that could be profitably used to focus discussion during a Board retreat or during a strategy meeting.
- How does the company plan to grow: through M&A, organically, or by driving new or existing products to new or existing markets?
