Nothing is forever - the end of Panasonic

Every generation needs a revolution - an entrepreneurial revolution

Nothing is forever.    Panasonic, National was thought to be forever -  manufacturing a wide range of products for the house.  They had plants all over the world, and hundreds of thousands of employees.

Matsushita was a model for business philosophy and management.   Matsushita was a business model/icon.

But lately, Panasonic, National fell into bad times and is on brink of bankruptcy.

What did they do wrong?  It started in 1989 when founder Matsushita died

1.  They forgot experimenting

2   They stopped marketing

 

The truth about fake Be Rich Gurus - they are fake!

Every generation needs a revolution - an entrepreneurial revolution

I taught in GSB and I have academician colleagues ie professors who have not run a business nor worked in a business situation much less have tried using a spade to gather soil or sand.   Yet they have read a lot in business.

And yet are very erudite in teaching what to what not to to business school students.   How can they really tell them and inspire them when in fact they have not experienced actual business. 

With raised head, I can say I have been through this all -  the ups and downs and the difficulties and the hard realities of setting up and running a business.   

And yet there was this head of the GSB who hired academicians and drove the professionals away.  I heard he is no longer running the GSB

Flourishing Stay cation business at subdivision we developed.

Every generation needs a revolution - an entrepreneurial revolution

Reposted from Senior Rides

This post met the owner of Villa Sophia in Montevideo.  He is a doctor from a well known hospital in MM.  He is an GI specialist, specializing in proctology.   We found out we had many things in common:  he too was/is an educator, and a strict one at that;   he wants to serve, is very passionate in very little details.  He is from Calapan and we have common acquaintances.

Villa Sophia is a famous staycation place overlooking Laguna Lake.   Many swear by nice view, bay breeze and excellent amenities at the resort. 

The good doctor wants to have a parking lot, and a venue place and wants to purchase the adjoining lot which happened to be ours.    But the children do not want to sell precisely because of the nice view. 

He invited me to stay at his place to refer this to friends, and blog about it.

Wont you visit Villa Sophia?