"It is common for all of us to seek our own path to success as we defined it. Time waits for no one."
"While allowing room for failures is encouraged, employees should also be trained to be courageous to admit mistakes and pick up slacks."
"Eventually, the core business will mature and stops growing. The owner should invest in parallel several years earlier in the next growth business so they are ready when the core stalled and profit would already be taking over as the next engine of growth."
Corporate Innovation
Interesting article about an investment company (private equity firm) that acquire food businesses (Heinz & Kraft Foods) back in 2013 and 2015 respectively. The firm believed these two companies could unlock more values by using ruthless focus on efficiency. They quickly employed radical cost cutting programs.
I will go straight to the point this time, no BS here. 😉 Here are the FIVE Observations […]
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