If You Take Away Religion, You Can't

I've Concluded That Getting The Categories Right Is An Absolutely Crucial Step To Building Useful Management Theory, And Unfortunately Too Few Writers Do This. You've Got To Engage In Serious Scholarship, And Then Figure Out How To Write It In A Way That Lots Of People Can Understand.

If You Want To Make Better Theory, You've Got To Use The Best That's Available And Look Through The Lens Of Another Discipline To See If You Can Uncover More Anomalies. By Looking At The Phenomena Of Failure From The Perspective Of Sales, Marketing, Finance, General Management, And The Equity Markets, I Was Able To See Things That Rebecca [henderson] Hadn't.

It Is A Company's Customers Who Effectively Control What It Can And Cannot Do.

To Prop Up The Stock Price, Managers Have To Turn Down The Screws On Everybody. That Forces Them To Cancel All The Projects That Would Lead To Future Growth In Order To Drop Money To The Bottom Line. This Is Hp's Dilemma Today. Once A Company's Growth Has Stopped, The Game As We Have Known It Is Over. It's A Scary Thing.

In Most Instances, Biotechnology, Though A Radically Different Approach, Is A Sustaining Technology: It's A Dramatically Improved Way Of Targeting Problems That We Hadn't Been Able To Solve With The Conventional Approach Of Mainstream Pharmaceutical Companies.