Comments on: On Life and Death, of Companies http://innovationzen.com/blog/2007/06/20/on-life-and-death-of-companies/ Innovation Management, Business Strategy, Technology and more! Fri, 21 Oct 2011 16:44:36 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Marcus Philip http://innovationzen.com/blog/2007/06/20/on-life-and-death-of-companies/comment-page-1/#comment-12910 Marcus Philip Mon, 25 Jun 2007 12:28:58 +0000 http://innovationzen.com/blog/2007/06/20/on-life-and-death-of-companies/#comment-12910 Actually that was the initial intention of incoporation in the early 19th century in Europe and the laws surronding them. The idea was that you gathered the equity needed to do a trading trip to e.g. China, and when the ship came back the venture was finished - you sold all the goods and distributed the benefits among the shareholders. Actually that was the initial intention of incoporation in the early 19th century in Europe and the laws surronding them.

The idea was that you gathered the equity needed to do a trading trip to e.g. China, and when the ship came back the venture was finished – you sold all the goods and distributed the benefits among the shareholders.

]]> By: Howard http://innovationzen.com/blog/2007/06/20/on-life-and-death-of-companies/comment-page-1/#comment-12579 Howard Thu, 21 Jun 2007 10:54:31 +0000 http://innovationzen.com/blog/2007/06/20/on-life-and-death-of-companies/#comment-12579 It is a healthy characteritic of free markets, which create winners and losers. Some of the losers are highly admired, usually by those who did not lose money by investing in them. In fact, of course, losses are often caused by uncertainties beyond the control of managers, so if we separate our evaluations of a firm's strategies and execution from the results, we find more companies to admire. In "The Strategy Paradox", Michael Raynor has an interesting discussion of why Sony's MiniDisc strategy was also admirable, even though it failed. It is a healthy characteritic of free markets, which create winners and losers. Some of the losers are highly admired, usually by those who did not lose money by investing in them. In fact, of course, losses are often caused by uncertainties beyond the control of managers, so if we separate our evaluations of a firm’s strategies and execution from the results, we find more companies to admire. In “The Strategy Paradox”, Michael Raynor has an interesting discussion of why Sony’s MiniDisc strategy was also admirable, even though it failed.

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